GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bonso Electronics International Inc (OTCPK:BNSOF) » Definitions » Gross Margin %

Bonso Electronics International (Bonso Electronics International) Gross Margin % : 60.83% (As of Mar. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Bonso Electronics International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bonso Electronics International's Gross Profit for the six months ended in Mar. 2023 was $2.24 Mil. Bonso Electronics International's Revenue for the six months ended in Mar. 2023 was $3.67 Mil. Therefore, Bonso Electronics International's Gross Margin % for the quarter that ended in Mar. 2023 was 60.83%.


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

BNSOF' s Gross Margin % Range Over the Past 10 Years
Min: 8.54   Med: 39.61   Max: 61.9
Current: 38.74


During the past 13 years, the highest Gross Margin % of Bonso Electronics International was 61.90%. The lowest was 8.54%. And the median was 39.61%.

BNSOF's Gross Margin % is ranked better than
75.46% of 2437 companies
in the Hardware industry
Industry Median: 24.47 vs BNSOF: 38.74

Bonso Electronics International had a gross margin of 60.83% for the quarter that ended in Mar. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bonso Electronics International was 1.60% per year.


Bonso Electronics International Gross Margin % Historical Data

The historical data trend for Bonso Electronics International'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.

Bonso Electronics International Gross Margin % Chart

Bonso Electronics International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.60 56.55 61.90 48.12 38.74

Bonso Electronics International Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 61.34 44.17 50.81 23.64 60.83

Competitive Comparison of Bonso Electronics International's Gross Margin %

For the Scientific & Technical Instruments subindustry, Bonso Electronics International'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.


Bonso Electronics International's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bonso Electronics International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bonso Electronics International's Gross Margin % falls into.



Bonso Electronics International Gross Margin % Calculation

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

Bonso Electronics International's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=3.5 / 9.047
=(Revenue - Cost of Goods Sold) / Revenue
=(9.047 - 5.542) / 9.047
=38.74 %

Bonso Electronics International's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=2.2 / 3.674
=(Revenue - Cost of Goods Sold) / Revenue
=(3.674 - 1.439) / 3.674
=60.83 %

* 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.


Bonso Electronics International  (OTCPK:BNSOF) 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

Bonso Electronics International had a gross margin of 60.83% for the quarter that ended in Mar. 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.


Bonso Electronics International Gross Margin % Related Terms

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


Bonso Electronics International (Bonso Electronics International) Business Description

Traded in Other Exchanges
N/A
Address
9 Hillwood Road, Unit 1404, 14th Floor, Cheuk Nang Centre, Tsimshatsui, Kowloon, Hong Kong, HKG
Bonso Electronics International Inc mainly designs, develops, produces, and sells electronic sensor-based and wireless products for private label original equipment manufacturers, original brand manufacturers (OBMs), and original design manufacturers. The company's operating segment includes Scales; Others; Pet Electronics Products and Rental and Management. It generates maximum revenue from the Scales segment. Geographically, it derives a majority of its revenue from the United States of America.

Bonso Electronics International (Bonso Electronics International) Headlines

From GuruFocus

Bonso Electronics Reports Year End Results

By GlobeNewswire GlobeNewswire 08-21-2018

Bonso Electronics Announces Annual General Meeting Results

By GlobeNewswire GlobeNewswire 03-26-2022

Bonso Electronics Announces Annual General Meeting Results

By GlobeNewswire GlobeNewswire 03-19-2019

Bonso Electronics Reports Year End Results

By Marketwired Marketwired 08-21-2018

Bonso Electronics Announces Annual General Meeting Results

By Marketwired Marketwired 03-19-2019

Bonso Reports Half Year Results

By sperokesalga sperokesalga 03-31-2023

Bonso Electronics Reports Fiscal Year End Results

By GlobeNewswire GlobeNewswire 08-19-2021

Bonso Reports Half Year Results

By Marketwired Marketwired 03-30-2019

Bonso Reports Half Year Results

By GlobeNewswire GlobeNewswire 04-01-2020

Bonso Reports Half Year Results

By GlobeNewswire GlobeNewswire 03-30-2019