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Bossini International Holdings (HKSE:00592) Gross Margin % : 48.35% (As of Dec. 2023)


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What is Bossini International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bossini International Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$147.8 Mil. Bossini International Holdings's Revenue for the six months ended in Dec. 2023 was HK$305.8 Mil. Therefore, Bossini International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 48.35%.

Warning Sign:

Bossini International Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

HKSE:00592' s Gross Margin % Range Over the Past 10 Years
Min: 46.69   Med: 50.38   Max: 52.94
Current: 50.46


During the past 13 years, the highest Gross Margin % of Bossini International Holdings was 52.94%. The lowest was 46.69%. And the median was 50.38%.

HKSE:00592's Gross Margin % is ranked better than
73.7% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.51 vs HKSE:00592: 50.46

Bossini International Holdings had a gross margin of 48.35% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bossini International Holdings was -1.60% per year.


Bossini International Holdings Gross Margin % Historical Data

The historical data trend for Bossini International 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.

Bossini International Holdings Gross Margin % Chart

Bossini International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.54 48.93 50.89 46.69 50.46

Bossini International Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 49.88 44.88 48.53 52.63 48.35

Competitive Comparison of Bossini International Holdings's Gross Margin %

For the Apparel Retail subindustry, Bossini International 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.


Bossini International Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bossini International Holdings's Gross Margin % distribution charts can be found below:

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



Bossini International Holdings Gross Margin % Calculation

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

Bossini International 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 )
=304.9 / 604.223
=(Revenue - Cost of Goods Sold) / Revenue
=(604.223 - 299.309) / 604.223
=50.46 %

Bossini International 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 )
=147.8 / 305.786
=(Revenue - Cost of Goods Sold) / Revenue
=(305.786 - 157.943) / 305.786
=48.35 %

* 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.


Bossini International Holdings  (HKSE:00592) 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

Bossini International Holdings had a gross margin of 48.35% 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.


Bossini International Holdings Gross Margin % Related Terms

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Bossini International Holdings (HKSE:00592) Business Description

Traded in Other Exchanges
N/A
Address
9 Tong Yin Street, 2nd Floor, PopOffice, Tseung Kwan O, Kowloon, Hong Kong, HKG
Bossini International Holdings Ltd is an investment holding company. It is engaged in the retailing, distribution, and wholesaling of garments. The company's geographical segment includes Hong Kong and Macau; Mainland China and Singapore. It generates maximum revenue from the Hong Kong and Macau segment. The company offers casual wear apparel products including men's, ladies and kid's wear.

Bossini International Holdings (HKSE:00592) Headlines

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