The historical rank and industry rank for Qi-House Holdings's Gross Margin % or its related term are showing as below:
HKSE:08395'
s Gross Margin % Range Over the Past 10 Years
Min: 61.57 Med: 66.99 Max: 71.63
Current: 66.68
During the past 9 years, the highestGross Margin % of Qi-House Holdings was 71.63%. The lowest was 61.57%. And the median was 66.99%.
HKSE:08395's Gross Margin % is ranked better than 91.88% of 1096
companies
in the Retail - Cyclical industry
Industry Median: 36.675
vs HKSE:08395: 66.68
Qi-House Holdings had a gross margin of 65.65% for the quarter that ended in Sep. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Qi-House Holdings was -1.00% per year.
Qi-House Holdings Gross Margin % Historical Data
The historical data trend for Qi-House Holdings's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Qi-House Holdings's Gross Margin %
For the Specialty Retail subindustry, Qi-House Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Qi-House Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Qi-House Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Qi-House Holdings's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Qi-House Holdings had a gross margin of 65.65% for the quarter that ended in Sep. 2023 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Qi-House Holdings Gross Margin % Related Terms
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Qi-House Holdings (HKSE:08395) Business Description
Qi-House Holdings Ltd Formerly Tree Holdings Ltd is engaged in the sale and distribution of furniture, home accessories, consignment sales, distribution and licensing of intellectual property rights, and provision of styling and consulting services. The company derives its revenue from the sale of furniture and home accessories, distribution and license fee income, food and beverage income, commission income, and consulting income. It operates in two segments, Furniture sale and consultancy services and Furniture agency service. Most of the firm's revenue gets derived from the Furniture sale and consultancy services segment. The group has a business presence in Hong Kong and the PRC, of which a majority of revenue is generated from Hong Kong.
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