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Bonjour Holdings (HKSE:00653) Gross Margin % : 4.52% (As of Dec. 2023)


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What is Bonjour Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bonjour Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$39.8 Mil. Bonjour Holdings's Revenue for the six months ended in Dec. 2023 was HK$879.1 Mil. Therefore, Bonjour Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 4.52%.

Warning Sign:

Bonjour Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -28.2%.


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

HKSE:00653' s Gross Margin % Range Over the Past 10 Years
Min: 6.64   Med: 34.39   Max: 41.79
Current: 6.64


During the past 13 years, the highest Gross Margin % of Bonjour Holdings was 41.79%. The lowest was 6.64%. And the median was 34.39%.

HKSE:00653's Gross Margin % is ranked worse than
93.79% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.46 vs HKSE:00653: 6.64

Bonjour Holdings had a gross margin of 4.52% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bonjour Holdings was -28.20% per year.


Bonjour Holdings Gross Margin % Historical Data

The historical data trend for Bonjour 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.

Bonjour Holdings Gross Margin % Chart

Bonjour 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 33.62 32.13 7.97 18.18 6.64

Bonjour 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 4.49 20.25 14.25 32.69 4.52

Competitive Comparison of Bonjour Holdings's Gross Margin %

For the Specialty Retail subindustry, Bonjour 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.


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

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

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



Bonjour Holdings Gross Margin % Calculation

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

Bonjour 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 )
=63.1 / 950.271
=(Revenue - Cost of Goods Sold) / Revenue
=(950.271 - 887.219) / 950.271
=6.64 %

Bonjour 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 )
=39.8 / 879.065
=(Revenue - Cost of Goods Sold) / Revenue
=(879.065 - 839.293) / 879.065
=4.52 %

* 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.


Bonjour Holdings  (HKSE:00653) 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

Bonjour Holdings had a gross margin of 4.52% 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.


Bonjour Holdings Gross Margin % Related Terms

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Bonjour Holdings (HKSE:00653) Business Description

Traded in Other Exchanges
Address
No. 36-50 Wang Wo Tsai Street, 12th Floor, Bonjour Tower, Tsuen Wan, Hong Kong, HKG
Bonjour Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the retail and wholesale of beauty and healthcare products in Hong Kong, Macau and Mainland China. The group sells many featured products and provides products of distribution, international brands, and in-house brands. The operating segment of the company is Wholesaling and retailing of beauty and healthcare products and Wholesaling of technology products. The firm generates the majority of its revenue from operations in Hong Kong.

Bonjour Holdings (HKSE:00653) Headlines

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