CR Construction Group Holdings (HKSE:01582) Gross Margin % : 5.95% (As of Dec. 2023)

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What is CR Construction Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CR Construction Group Holdings's Gross Profit for the six months ended in Dec. 2023 was HK$156 Mil. CR Construction Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$2,613 Mil. Therefore, CR Construction Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 5.95%.

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

HKSE:01582' s Gross Margin % Range Over the Past 10 Years
Min: 3.64 Med: 4.47 Max: 5.62
Current: 5.62

During the past 8 years, the highest Gross Margin % of CR Construction Group Holdings was 5.62%. The lowest was 3.64%. And the median was 4.47%.

HKSE:01582's Gross Margin % is ranked worse than
87.54% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs HKSE:01582: 5.62

CR Construction Group Holdings had a gross margin of 5.95% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CR Construction Group Holdings was 4.10% per year.

CR Construction Group Holdings Gross Margin % Historical Data

The historical data trend for CR Construction Group 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.

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CR Construction Group Holdings Gross Margin % Chart

CR Construction Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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4.39

4.54

3.64

4.00

5.62

CR Construction Group Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial								2.84	4.65	3.46	5.31	5.95

Competitive Comparison of CR Construction Group Holdings's Gross Margin %

For the Engineering & Construction subindustry, CR Construction Group 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.

CR Construction Group Holdings's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, CR Construction Group Holdings's Gross Margin % distribution charts can be found below:

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

CR Construction Group Holdings Gross Margin % Calculation

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

CR Construction Group 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 )
	=	306	/	5445.56
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5445.56 - 5139.569)	/	5445.56
	=	5.62 %

CR Construction Group 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 )
	=	155.5	/	2613.487
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2613.487 - 2457.976)	/	2613.487
	=	5.95 %

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.

CR Construction Group Holdings (HKSE:01582) 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

CR Construction Group Holdings had a gross margin of 5.95% 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.

CR Construction Group Holdings Gross Margin % Related Terms

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CR Construction Group Holdings (HKSE:01582) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CR Construction Group Holdings Ltd (HKSE:01582) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

388 Kwun Tong Road, Standard Chartered Tower, Units 3-16, 32rd Floor, Millennium City 1, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.cr-construction.com.hk

CR Construction Group Holdings Ltd is an investment holding company engaged in providing construction services. The company works as a main contractor or subcontractor, primarily in respect of building construction, repair, maintenance and addition, and alteration works. The majority of its revenue comes from Hong Kong.

Executives

Zhe Jiang Sheng Guo You Zi Ben Yun Ying You Xian Gong Si	2201 Interest of corporation controlled by you
Zhe Jiang Sheng Jian She Tou Zi Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
China Zhejiang Construction Group (h.k.) Limited	2201 Interest of corporation controlled by you
Cr Construction Investments Limited	2101 Beneficial owner
Zhejiang Construction Group (h.k) Holdings Limited	2201 Interest of corporation controlled by you
Ning Xing Ji Tuan You Xian Gong Si

CR Construction Group Holdings (HKSE:01582) Headlines

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