GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yulon Finance Corp (TPE:9941) » Definitions » Gross Margin %

Yulon Finance (TPE:9941) Gross Margin % : 18.08% (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Yulon Finance Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yulon Finance's Gross Profit for the three months ended in Mar. 2024 was NT$817 Mil. Yulon Finance's Revenue for the three months ended in Mar. 2024 was NT$4,516 Mil. Therefore, Yulon Finance's Gross Margin % for the quarter that ended in Mar. 2024 was 18.08%.

Warning Sign:

Yulon Finance Corp gross margin has been in long-term decline. The average rate of decline per year is -11.3%.


The historical rank and industry rank for Yulon Finance's Gross Margin % or its related term are showing as below:

TPE:9941' s Gross Margin % Range Over the Past 10 Years
Min: 17.06   Med: 29.82   Max: 45.92
Current: 18.33


During the past 13 years, the highest Gross Margin % of Yulon Finance was 45.92%. The lowest was 17.06%. And the median was 29.82%.

TPE:9941's Gross Margin % is ranked worse than
87.15% of 358 companies
in the Credit Services industry
Industry Median: 54.165 vs TPE:9941: 18.33

Yulon Finance had a gross margin of 18.08% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Yulon Finance was -11.30% per year.


Yulon Finance Gross Margin % Historical Data

The historical data trend for Yulon Finance'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.

* Premium members only.

Yulon Finance Gross Margin % Chart

Yulon Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.78 17.06 18.61 18.87 18.52

Yulon Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.88 18.57 18.83 17.86 18.08

Competitive Comparison of Yulon Finance's Gross Margin %

For the Credit Services subindustry, Yulon Finance'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.


Yulon Finance's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yulon Finance's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Yulon Finance's Gross Margin % falls into.



Yulon Finance Gross Margin % Calculation

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

Yulon Finance's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3160 / 17061.295
=(Revenue - Cost of Goods Sold) / Revenue
=(17061.295 - 13901.303) / 17061.295
=18.52 %

Yulon Finance's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=816.7 / 4516.217
=(Revenue - Cost of Goods Sold) / Revenue
=(4516.217 - 3699.471) / 4516.217
=18.08 %

* 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.


Yulon Finance  (TPE:9941) 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

Yulon Finance had a gross margin of 18.08% for the quarter that ended in Mar. 2024 => No sustainable 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.


Yulon Finance Gross Margin % Related Terms

Thank you for viewing the detailed overview of Yulon Finance's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Yulon Finance (TPE:9941) Business Description

Traded in Other Exchanges
Address
No. 2, Dunhua South Road, Section 2, 15th Floor, Taipei, TWN
Yulon Finance Corp is mainly focused on purchasing of accounts receivable which are related to products such as new cars and used cars.

Yulon Finance (TPE:9941) Headlines

No Headlines