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Greenheart Group (HKSE:00094) Gross Margin % : -208.15% (As of Dec. 2023)


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What is Greenheart Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Greenheart Group's Gross Profit for the six months ended in Dec. 2023 was HK$-83.78 Mil. Greenheart Group's Revenue for the six months ended in Dec. 2023 was HK$40.25 Mil. Therefore, Greenheart Group's Gross Margin % for the quarter that ended in Dec. 2023 was -208.15%.


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

HKSE:00094' s Gross Margin % Range Over the Past 10 Years
Min: -99.41   Med: 10.94   Max: 25.7
Current: -99.41


During the past 13 years, the highest Gross Margin % of Greenheart Group was 25.70%. The lowest was -99.41%. And the median was 10.94%.

HKSE:00094's Gross Margin % is ranked worse than
99.29% of 283 companies
in the Forest Products industry
Industry Median: 19.39 vs HKSE:00094: -99.41

Greenheart Group had a gross margin of -208.15% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Greenheart Group Gross Margin % Historical Data

The historical data trend for Greenheart Group'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.

Greenheart Group Gross Margin % Chart

Greenheart Group 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 11.79 2.77 10.09 -29.77 -99.41

Greenheart Group 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 3.01 -5.41 -63.25 -13.14 -208.15

Competitive Comparison of Greenheart Group's Gross Margin %

For the Lumber & Wood Production subindustry, Greenheart Group'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.


Greenheart Group's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenheart Group's Gross Margin % distribution charts can be found below:

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



Greenheart Group Gross Margin % Calculation

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

Greenheart Group'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 )
=-90.4 / 90.982
=(Revenue - Cost of Goods Sold) / Revenue
=(90.982 - 181.425) / 90.982
=-99.41 %

Greenheart Group'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 )
=-83.8 / 40.249
=(Revenue - Cost of Goods Sold) / Revenue
=(40.249 - 124.028) / 40.249
=-208.15 %

* 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.


Greenheart Group  (HKSE:00094) 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

Greenheart Group had a gross margin of -208.15% for the quarter that ended in Dec. 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.


Greenheart Group Gross Margin % Related Terms

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


Greenheart Group (HKSE:00094) Business Description

Traded in Other Exchanges
N/A
Address
No. 77-79 Gloucester Road, 32A, 32th Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Greenheart Group Ltd is an investment holding company. The company, along with its subsidiaries, is engaged in log harvesting, timber processing, marketing and sales of logs and timber products, provision of forest management services and shipping services. It has two reportable segments, Suriname involves the Selective hardwood log harvesting, timber processing, marketing, sale and trading of logs and timber products and the management and operation of forest concessions; and New Zealand involves softwood plantation management, log harvesting, marketing, sale and trading of logs and provision of forest management services. Its majority revenue generating region is New Zealand.
Executives
Cheng Yu Tung Family (holdings) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Nominee Limited 2201 Interest of corporation controlled by you
Gallant Elite International Limited 2201 Interest of corporation controlled by you
Lai Wing Lun 2104 Agent
Arab Osman Mohammed 2104 Agent
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Idea Perfect Holdings Limited 2501 Other
Vms Investment Group Limited 2201 Interest of corporation controlled by you
Wu Wai Leung Danny
Hong Kong Genghis Khan Group Limited 2101 Beneficial owner
Ge Jian 2201 Interest of corporation controlled by you
China Forestry Group Corporation 2201 Interest of corporation controlled by you

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