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Orient Victory Smart Urban Services Holding (HKSE:00265) Gross Margin % : 21.97% (As of Dec. 2023)


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What is Orient Victory Smart Urban Services Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Orient Victory Smart Urban Services Holding's Gross Profit for the six months ended in Dec. 2023 was HK$37.9 Mil. Orient Victory Smart Urban Services Holding's Revenue for the six months ended in Dec. 2023 was HK$172.7 Mil. Therefore, Orient Victory Smart Urban Services Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 21.97%.


The historical rank and industry rank for Orient Victory Smart Urban Services Holding's Gross Margin % or its related term are showing as below:

HKSE:00265' s Gross Margin % Range Over the Past 10 Years
Min: 7.16   Med: 24.9   Max: 67.42
Current: 24.88


During the past 13 years, the highest Gross Margin % of Orient Victory Smart Urban Services Holding was 67.42%. The lowest was 7.16%. And the median was 24.90%.

HKSE:00265's Gross Margin % is ranked worse than
78.21% of 771 companies
in the Travel & Leisure industry
Industry Median: 43.21 vs HKSE:00265: 24.88

Orient Victory Smart Urban Services Holding had a gross margin of 21.97% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Orient Victory Smart Urban Services Holding was 33.30% per year.


Orient Victory Smart Urban Services Holding Gross Margin % Historical Data

The historical data trend for Orient Victory Smart Urban Services Holding'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.

Orient Victory Smart Urban Services Holding Gross Margin % Chart

Orient Victory Smart Urban Services Holding 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 10.32 15.37 28.23 30.17 24.88

Orient Victory Smart Urban Services Holding 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 36.90 27.91 31.98 27.84 21.97

Competitive Comparison of Orient Victory Smart Urban Services Holding's Gross Margin %

For the Travel Services subindustry, Orient Victory Smart Urban Services Holding'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.


Orient Victory Smart Urban Services Holding's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Orient Victory Smart Urban Services Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Orient Victory Smart Urban Services Holding's Gross Margin % falls into.



Orient Victory Smart Urban Services Holding Gross Margin % Calculation

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

Orient Victory Smart Urban Services Holding'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 )
=85.2 / 342.371
=(Revenue - Cost of Goods Sold) / Revenue
=(342.371 - 257.19) / 342.371
=24.88 %

Orient Victory Smart Urban Services Holding'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 )
=37.9 / 172.673
=(Revenue - Cost of Goods Sold) / Revenue
=(172.673 - 134.731) / 172.673
=21.97 %

* 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.


Orient Victory Smart Urban Services Holding  (HKSE:00265) 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

Orient Victory Smart Urban Services Holding had a gross margin of 21.97% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Orient Victory Smart Urban Services Holding Gross Margin % Related Terms

Thank you for viewing the detailed overview of Orient Victory Smart Urban Services Holding's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Orient Victory Smart Urban Services Holding (HKSE:00265) Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, 1201B, 12th Floor, Admiralty, Hong Kong, HKG
Orient Victory Smart Urban Services Holding Ltd Formerly Orient Victory Travel Group Co Ltd is an investment holding company. The company operates in three reportable segments that are The diversified tourism products and services segment, which includes the sale of air tickets and other tourism products, provision of travel-related and other services, The integrated development segment, which includes the development and operation of tourism and cultural attractions, sales of products and other services and The property management segment, which involves the provision of property management and leasing services for residential and commercial properties and The environmental hygiene segment which involves the provision of environmental hygiene services for urban and rural areas in the PRC.
Executives
China Huarong International Holdings Ltd 2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shi Baodong 2201 Interest of corporation controlled by you
Orient Victory Real Estate Group Holdings Limited 2101 Beneficial owner
Central Huijin Investment Ltd. 2106 Person having a security interest in shares
China Construction Bank Corporation 2106 Person having a security interest in shares

Orient Victory Smart Urban Services Holding (HKSE:00265) Headlines

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