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Mulsanne Group Holding (HKSE:01817) Gross Margin % : 51.01% (As of Dec. 2023)


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What is Mulsanne Group Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mulsanne Group Holding's Gross Profit for the six months ended in Dec. 2023 was HK$694 Mil. Mulsanne Group Holding's Revenue for the six months ended in Dec. 2023 was HK$1,360 Mil. Therefore, Mulsanne Group Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 51.01%.


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

HKSE:01817' s Gross Margin % Range Over the Past 10 Years
Min: 42.8   Med: 50.66   Max: 54.11
Current: 52.05


During the past 8 years, the highest Gross Margin % of Mulsanne Group Holding was 54.11%. The lowest was 42.80%. And the median was 50.66%.

HKSE:01817's Gross Margin % is ranked better than
76.16% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.61 vs HKSE:01817: 52.05

Mulsanne Group Holding had a gross margin of 51.01% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mulsanne Group Holding was 0.10% per year.


Mulsanne Group Holding Gross Margin % Historical Data

The historical data trend for Mulsanne Group Holding'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.

Mulsanne Group Holding Gross Margin % Chart

Mulsanne Group Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 48.34 42.80 49.27 48.92 52.05

Mulsanne Group Holding Semi-Annual Data
Dec16 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 47.23 51.16 47.07 53.23 51.01

Competitive Comparison of Mulsanne Group Holding's Gross Margin %

For the Apparel Retail subindustry, Mulsanne Group Holding'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.


Mulsanne Group Holding's Gross Margin % Distribution in the Retail - Cyclical Industry

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

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



Mulsanne Group Holding Gross Margin % Calculation

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

Mulsanne Group Holding'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 )
=1325.9 / 2547.465
=(Revenue - Cost of Goods Sold) / Revenue
=(2547.465 - 1221.605) / 2547.465
=52.05 %

Mulsanne Group Holding'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 )
=694 / 1360.339
=(Revenue - Cost of Goods Sold) / Revenue
=(1360.339 - 666.367) / 1360.339
=51.01 %

* 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.


Mulsanne Group Holding  (HKSE:01817) 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

Mulsanne Group Holding had a gross margin of 51.01% 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.


Mulsanne Group Holding Gross Margin % Related Terms

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Mulsanne Group Holding (HKSE:01817) Business Description

Traded in Other Exchanges
N/A
Address
No. 111, Shanshan Road, Wangchan Industrial Park, Haishu District, Zhejiang Province, Ningbo, CHN
Mulsanne Group Holding Ltd is an investment holding company. The Company's subsidiaries are engaged in the design, marketing and sale of apparel products. The operating segments of the company are Offline channels; Online channels and Others. The majority of the revenue is generated through Offline channels. The company generates revenue in Mainland China.

Mulsanne Group Holding (HKSE:01817) Headlines

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