GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great Eagle Holdings Ltd (HKSE:00041) » Definitions » Gross Margin %

Great Eagle Holdings (HKSE:00041) Gross Margin % : 41.43% (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Great Eagle Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Great Eagle Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$2,304 Mil. Great Eagle Holdings's Revenue for the six months ended in Dec. 2023 was HK$5,562 Mil. Therefore, Great Eagle Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 41.43%.


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

HKSE:00041' s Gross Margin % Range Over the Past 10 Years
Min: 38.4   Med: 42.39   Max: 45.13
Current: 43.81


During the past 13 years, the highest Gross Margin % of Great Eagle Holdings was 45.13%. The lowest was 38.40%. And the median was 42.39%.

HKSE:00041's Gross Margin % is ranked better than
58.45% of 1656 companies
in the Real Estate industry
Industry Median: 36.705 vs HKSE:00041: 43.81

Great Eagle Holdings had a gross margin of 41.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Great Eagle Holdings was 0.60% per year.


Great Eagle Holdings Gross Margin % Historical Data

The historical data trend for Great Eagle 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.

* Premium members only.

Great Eagle Holdings Gross Margin % Chart

Great Eagle Holdings 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 43.76 38.40 40.83 41.17 43.81

Great Eagle Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 40.75 42.31 40.19 46.42 41.43

Competitive Comparison of Great Eagle Holdings's Gross Margin %

For the Real Estate - Diversified subindustry, Great Eagle 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.


Great Eagle Holdings's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Great Eagle Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Great Eagle Holdings's Gross Margin % falls into.



Great Eagle Holdings Gross Margin % Calculation

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

Great Eagle Holdings'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 )
=4663.6 / 10644.158
=(Revenue - Cost of Goods Sold) / Revenue
=(10644.158 - 5980.533) / 10644.158
=43.81 %

Great Eagle Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2304.4 / 5561.733
=(Revenue - Cost of Goods Sold) / Revenue
=(5561.733 - 3257.332) / 5561.733
=41.43 %

* 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.


Great Eagle Holdings  (HKSE:00041) 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

Great Eagle Holdings had a gross margin of 41.43% for the quarter that ended in Dec. 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.


Great Eagle Holdings Gross Margin % Related Terms

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


Great Eagle Holdings (HKSE:00041) Business Description

Traded in Other Exchanges
Address
23 Harbour Road, 33rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG
Great Eagle Holdings Ltd is an investment holding company. The group along with its subsidiaries is engaged in property development and investment, operations of hotels, restaurants and flexible workspaces, asset management, project management, trading of building materials, securities investment, provision of property management, maintenance and property agency services and property leasing. The company generates a majority of its revenue from Hong Kong.

Great Eagle Holdings (HKSE:00041) Headlines

No Headlines