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Changyou Alliance Group (HKSE:01039) Gross Margin % : 16.43% (As of Dec. 2023)


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What is Changyou Alliance Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Changyou Alliance Group's Gross Profit for the six months ended in Dec. 2023 was HK$14.7 Mil. Changyou Alliance Group's Revenue for the six months ended in Dec. 2023 was HK$89.5 Mil. Therefore, Changyou Alliance Group's Gross Margin % for the quarter that ended in Dec. 2023 was 16.43%.


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

HKSE:01039' s Gross Margin % Range Over the Past 10 Years
Min: -93.81   Med: 0.4   Max: 17.32
Current: 17.32


During the past 13 years, the highest Gross Margin % of Changyou Alliance Group was 17.32%. The lowest was -93.81%. And the median was 0.40%.

HKSE:01039's Gross Margin % is ranked worse than
82.92% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.51 vs HKSE:01039: 17.32

Changyou Alliance Group had a gross margin of 16.43% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Changyou Alliance Group Gross Margin % Historical Data

The historical data trend for Changyou Alliance 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.

Changyou Alliance Group Gross Margin % Chart

Changyou Alliance 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 0.40 0.39 11.10 13.15 17.32

Changyou Alliance 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 10.37 14.64 11.71 17.82 16.43

Competitive Comparison of Changyou Alliance Group's Gross Margin %

For the Internet Retail subindustry, Changyou Alliance 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.


Changyou Alliance Group's Gross Margin % Distribution in the Retail - Cyclical Industry

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

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



Changyou Alliance Group Gross Margin % Calculation

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

Changyou Alliance 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 )
=43 / 248.015
=(Revenue - Cost of Goods Sold) / Revenue
=(248.015 - 205.058) / 248.015
=17.32 %

Changyou Alliance 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 )
=14.7 / 89.505
=(Revenue - Cost of Goods Sold) / Revenue
=(89.505 - 74.798) / 89.505
=16.43 %

* 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.


Changyou Alliance Group  (HKSE:01039) 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

Changyou Alliance Group had a gross margin of 16.43% 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.


Changyou Alliance Group Gross Margin % Related Terms

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Changyou Alliance Group (HKSE:01039) Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room 1908-1916, 19th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Changyou Alliance Group Ltd is a company involved in the development and operation of an electronic trading platform. The company mainly operates in the Digital Point segment that operates an electronic trading platform to promote and facilitate awards earned by customers of loyalty programmes of other companies to be exchanged globally in the form of virtual assets and credits for consumption of merchandises, games, services and other commercial transactions.

Changyou Alliance Group (HKSE:01039) Headlines

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