Tai United Holdings (HKSE:00718) Gross Margin % : 45.04% (As of Jun. 2023)

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What is Tai United Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tai United Holdings's Gross Profit for the six months ended in Jun. 2023 was HK$44.8 Mil. Tai United Holdings's Revenue for the six months ended in Jun. 2023 was HK$99.6 Mil. Therefore, Tai United Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 45.04%.

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

HKSE:00718' s Gross Margin % Range Over the Past 10 Years
Min: 3.27 Med: 12.84 Max: 53.01
Current: 48.04

During the past 13 years, the highest Gross Margin % of Tai United Holdings was 53.01%. The lowest was 3.27%. And the median was 12.84%.

HKSE:00718's Gross Margin % is ranked better than
90.62% of 96 companies
in the Medical Distribution industry
Industry Median: 16.22 vs HKSE:00718: 48.04

Tai United Holdings had a gross margin of 45.04% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tai United Holdings was 57.70% per year.

Tai United Holdings Gross Margin % Historical Data

The historical data trend for Tai United 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.

Tai United Holdings Gross Margin % Chart

Tai United Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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5.50

53.01

30.68

17.12

44.78

Tai United Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial															70.60	13.74	39.39	52.64	45.04

Competitive Comparison of Tai United Holdings's Gross Margin %

For the Medical Distribution subindustry, Tai United 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.

Tai United Holdings's Gross Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Tai United Holdings's Gross Margin % distribution charts can be found below:

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

Tai United Holdings Gross Margin % Calculation

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

Tai United Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	71.5	/	159.739
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(159.739 - 88.211)	/	159.739
	=	44.78 %

Tai United Holdings's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	44.8	/	99.559
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(99.559 - 54.721)	/	99.559
	=	45.04 %

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.

Tai United Holdings (HKSE:00718) 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

Tai United Holdings had a gross margin of 45.04% for the quarter that ended in Jun. 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.

Tai United Holdings Gross Margin % Related Terms

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Tai United Holdings (HKSE:00718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Tai United Holdings Ltd (HKSE:00718) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 4202–03A, 42th Floor, China Resource Building, Wanchai, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/taiunited/index.ht

Tai United Holdings Ltd is an investment holding company. Its segments include Property investment segment engaged in property investment and leasing of properties; Medical equipment trading segment; Flooring materials trading segment; Mining and exploitation of natural resources segment engaged in mining and production of tungsten resources activities in the Republic of Mongolia; and Financial services and asset management segment that includes trading equity securities and derivatives and managing of assets arising from acquisition of distressed debts assets. It derives majority of the revenue from the Flooring materials trading segment.

Tai United Holdings (HKSE:00718) Headlines

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