Golden Heaven Group Holdings (Golden Heaven Group Holdings) Gross Margin % : 41.39% (As of Sep. 2023)

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What is Golden Heaven Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Golden Heaven Group Holdings's Gross Profit for the six months ended in Sep. 2023 was $4.85 Mil. Golden Heaven Group Holdings's Revenue for the six months ended in Sep. 2023 was $11.73 Mil. Therefore, Golden Heaven Group Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 41.39%.

The historical rank and industry rank for Golden Heaven Group Holdings's Gross Margin % or its related term are showing as below:

GDHG' s Gross Margin % Range Over the Past 10 Years
Min: 60.76 Med: 66.53 Max: 72.19
Current: 60.76

During the past 4 years, the highest Gross Margin % of Golden Heaven Group Holdings was 72.19%. The lowest was 60.76%. And the median was 66.53%.

GDHG's Gross Margin % is ranked better than
71.09% of 768 companies
in the Travel & Leisure industry
Industry Median: 43.21 vs GDHG: 60.76

Golden Heaven Group Holdings had a gross margin of 41.39% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Golden Heaven Group Holdings was 0.00% per year.

Golden Heaven Group Holdings Gross Margin % Historical Data

The historical data trend for Golden Heaven Group 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.

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Golden Heaven Group Holdings Gross Margin % Chart

Golden Heaven Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Gross Margin %

63.39

69.66

72.19

60.76

Golden Heaven Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial			66.39	71.11	73.25	72.09	41.39

Competitive Comparison of Golden Heaven Group Holdings's Gross Margin %

For the Leisure subindustry, Golden Heaven Group 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.

Golden Heaven Group Holdings's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Heaven Group Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Golden Heaven Group Holdings's Gross Margin % falls into.

Golden Heaven Group Holdings Gross Margin % Calculation

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

Golden Heaven Group Holdings's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )	=	Gross Profit (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	19.3	/	31.787
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(31.787 - 12.473)	/	31.787
	=	60.76 %

Golden Heaven Group Holdings's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	4.9	/	11.726
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11.726 - 6.873)	/	11.726
	=	41.39 %

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.

Golden Heaven Group Holdings (NAS:GDHG) 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

Golden Heaven Group Holdings had a gross margin of 41.39% 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.

Golden Heaven Group Holdings Gross Margin % Related Terms

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Golden Heaven Group Holdings (Golden Heaven Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Golden Heaven Group Holdings Ltd (NAS:GDHG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Banhouhaichuan Road, Xiqin Town, Yanping District, Fujian Province, Nanping City, CHN, 353001

Website

http://www.jsyoule.com

Golden Heaven Group Holdings Ltd is an offshore holding company. Through the operating entities in China, It manages and operates six properties consisting of amusement parks, water parks, and complementary recreational facilities. The parks offer a broad selection of exhilarating and recreational experiences, including both thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities. The parks collectively contain nearly 159 rides and attractions. The firm's revenue is primarily generated from selling access to rides and attractions, charging fees for special event rentals, and collecting regular rental payments from commercial tenants.