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AMS Public Transport Holdings (HKSE:00077) Gross Margin % : 16.75% (As of Sep. 2023)


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What is AMS Public Transport Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AMS Public Transport Holdings's Gross Profit for the six months ended in Sep. 2023 was HK$32.6 Mil. AMS Public Transport Holdings's Revenue for the six months ended in Sep. 2023 was HK$194.6 Mil. Therefore, AMS Public Transport Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 16.75%.

Warning Sign:

AMS Public Transport Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -6%.


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

HKSE:00077' s Gross Margin % Range Over the Past 10 Years
Min: 8.23   Med: 13.68   Max: 19.55
Current: 17.56


During the past 13 years, the highest Gross Margin % of AMS Public Transport Holdings was 19.55%. The lowest was 8.23%. And the median was 13.68%.

HKSE:00077's Gross Margin % is ranked worse than
57.59% of 948 companies
in the Transportation industry
Industry Median: 20.035 vs HKSE:00077: 17.56

AMS Public Transport Holdings had a gross margin of 16.75% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AMS Public Transport Holdings was -6.00% per year.


AMS Public Transport Holdings Gross Margin % Historical Data

The historical data trend for AMS Public Transport 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.

AMS Public Transport Holdings Gross Margin % Chart

AMS Public Transport Holdings 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 17.41 13.14 8.23 10.24 14.22

AMS Public Transport Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 14.06 5.98 9.80 18.37 16.75

Competitive Comparison of AMS Public Transport Holdings's Gross Margin %

For the Railroads subindustry, AMS Public Transport 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.


AMS Public Transport Holdings's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AMS Public Transport Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AMS Public Transport Holdings's Gross Margin % falls into.



AMS Public Transport Holdings Gross Margin % Calculation

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

AMS Public Transport Holdings'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 )
=53.3 / 374.896
=(Revenue - Cost of Goods Sold) / Revenue
=(374.896 - 321.586) / 374.896
=14.22 %

AMS Public Transport 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 )
=32.6 / 194.597
=(Revenue - Cost of Goods Sold) / Revenue
=(194.597 - 161.993) / 194.597
=16.75 %

* 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.


AMS Public Transport Holdings  (HKSE:00077) 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

AMS Public Transport Holdings had a gross margin of 16.75% for the quarter that ended in Sep. 2023 => 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.


AMS Public Transport Holdings Gross Margin % Related Terms

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AMS Public Transport Holdings (HKSE:00077) Business Description

Traded in Other Exchanges
N/A
Address
223 Aberdeen Main Road, 11th-12th Floor, Abba Commercial Building, Aberdeen, Hong Kong, HKG
AMS Public Transport Holdings Ltd is a Hong Kong-based investment holding company involved in the transport business. The company and its subsidiaries are principally engaged in the provision of the franchised public light bus (PLB) and residents' bus services. The primary revenue source for the company is the provision of franchised PLB transportation services. The operating segment of the Group is the franchised PLB and residents' bus services. The group operates in Hong Kong.

AMS Public Transport Holdings (HKSE:00077) Headlines

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