Neusoft Education Technology Co (HKSE:09616) Gross Margin % : 50.01% (As of Jun. 2023)

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What is Neusoft Education Technology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Neusoft Education Technology Co's Gross Profit for the six months ended in Jun. 2023 was HK$502 Mil. Neusoft Education Technology Co's Revenue for the six months ended in Jun. 2023 was HK$1,005 Mil. Therefore, Neusoft Education Technology Co's Gross Margin % for the quarter that ended in Jun. 2023 was 50.01%.

The historical rank and industry rank for Neusoft Education Technology Co's Gross Margin % or its related term are showing as below:

HKSE:09616' s Gross Margin % Range Over the Past 10 Years
Min: 31.91 Med: 36 Max: 47.9
Current: 47.9

During the past 7 years, the highest Gross Margin % of Neusoft Education Technology Co was 47.90%. The lowest was 31.91%. And the median was 36.00%.

HKSE:09616's Gross Margin % is ranked better than
50% of 248 companies
in the Education industry
Industry Median: 47.755 vs HKSE:09616: 47.90

Neusoft Education Technology Co had a gross margin of 50.01% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Neusoft Education Technology Co was 7.50% per year.

Neusoft Education Technology Co Gross Margin % Historical Data

The historical data trend for Neusoft Education Technology Co'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.

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Neusoft Education Technology Co Gross Margin % Chart

Neusoft Education Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

33.71

38.28

43.39

43.06

47.90

Neusoft Education Technology Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial							43.64	47.00	39.42	50.01	45.71

Competitive Comparison of Neusoft Education Technology Co's Gross Margin %

For the Education & Training Services subindustry, Neusoft Education Technology Co'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.

Neusoft Education Technology Co's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Neusoft Education Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Neusoft Education Technology Co's Gross Margin % falls into.

Neusoft Education Technology Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Neusoft Education Technology Co's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	744.6	/	1729.101
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1729.101 - 984.544)	/	1729.101
	=	43.06 %

Neusoft Education Technology Co's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	502.4	/	1004.561
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1004.561 - 502.166)	/	1004.561
	=	50.01 %

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.

Neusoft Education Technology Co (HKSE:09616) Gross Margin % Explanation

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

Neusoft Education Technology Co had a gross margin of 50.01% for the quarter that ended in Jun. 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.

Neusoft Education Technology Co Gross Margin % Related Terms

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Neusoft Education Technology Co (HKSE:09616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Neusoft Education Technology Co Ltd (HKSE:09616) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Software Park Road, Ganjingzi District, Liaoning, Dalian, CHN

Website

https://www.neuedu.com

Neusoft Education Technology Co Ltd is a China-based investment holding company principally engaged in providing full-time formal higher education services, continuing education services, as well as education resources and apprenticeship programmes. Its full-time formal higher education services and continuing education services are operated by three universities and eight training schools. Its education resources and apprenticeship programme are offered by Dalian Education and a few of its subsidiaries, such as Shanghai Ruixiang and Tianjin Ruidao. Its full-time formal higher education services consist of bachelor's degree programmes, junior college diploma programmes, and junior college to bachelor degree transfer programmes.

Executives

Liu Jiren	2501 Other
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Deluxe Capital Limited	2201 Interest of corporation controlled by you
Sun Yinhuan	2307 Founder of a discretionary trust who can infl
Century Bliss International Limited	2101 Beneficial owner
Tmf (cayman) Ltd.	2301 Trustee
Deluxe Glorious Limited	2201 Interest of corporation controlled by you
Liu Jiren	2501 Other
Cheng Huiyan	2202 Interest of your spouse
Kang Ruidao International Investment Inc.	2101 Beneficial owner
Kang Ruidao Education First Investment Limited	2201 Interest of corporation controlled by you
Neusoft Holdings International Inc.	2201 Interest of corporation controlled by you
Dalian Neusoft Holdings Co., Ltd.	2201 Interest of corporation controlled by you

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