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China Wood International Holding Co (HKSE:01822) Gross Margin % : 7.54% (As of Dec. 2023)


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What is China Wood International Holding Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. China Wood International Holding Co's Gross Profit for the six months ended in Dec. 2023 was HK$16.7 Mil. China Wood International Holding Co's Revenue for the six months ended in Dec. 2023 was HK$221.2 Mil. Therefore, China Wood International Holding Co's Gross Margin % for the quarter that ended in Dec. 2023 was 7.54%.


The historical rank and industry rank for China Wood International Holding Co's Gross Margin % or its related term are showing as below:

HKSE:01822' s Gross Margin % Range Over the Past 10 Years
Min: 3.9   Med: 8.12   Max: 18.1
Current: 11.99


During the past 13 years, the highest Gross Margin % of China Wood International Holding Co was 18.10%. The lowest was 3.90%. And the median was 8.12%.

HKSE:01822's Gross Margin % is ranked worse than
72.79% of 283 companies
in the Forest Products industry
Industry Median: 19.39 vs HKSE:01822: 11.99

China Wood International Holding Co had a gross margin of 7.54% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for China Wood International Holding Co was 18.90% per year.


China Wood International Holding Co Gross Margin % Historical Data

The historical data trend for China Wood International Holding Co'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.

China Wood International Holding Co Gross Margin % Chart

China Wood International Holding Co 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 6.12 18.10 12.42 16.59 11.99

China Wood International Holding Co 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 13.37 12.07 18.88 21.62 7.54

Competitive Comparison of China Wood International Holding Co's Gross Margin %

For the Lumber & Wood Production subindustry, China Wood International Holding Co'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.


China Wood International Holding Co's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Wood International Holding Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Wood International Holding Co's Gross Margin % falls into.



China Wood International Holding Co Gross Margin % Calculation

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

China Wood International Holding Co'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 )
=38.8 / 323.411
=(Revenue - Cost of Goods Sold) / Revenue
=(323.411 - 284.639) / 323.411
=11.99 %

China Wood International Holding Co'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 )
=16.7 / 221.152
=(Revenue - Cost of Goods Sold) / Revenue
=(221.152 - 204.485) / 221.152
=7.54 %

* 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.


China Wood International Holding Co  (HKSE:01822) 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

China Wood International Holding Co had a gross margin of 7.54% 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.


China Wood International Holding Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of China Wood International Holding Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Wood International Holding Co (HKSE:01822) Business Description

Traded in Other Exchanges
N/A
Address
90 Connaught Road Central, Room 1601, 16th Floor, Sun House, Hong Kong, HKG
China Wood International Holding Co Ltd is an investment holding company. It operates in four segments: the Car rental segment, which engages in the provision of car rental services; the Wood-related business segment engages in the processing and distribution of furniture wood, and the manufacturing and sales of antique-style wood furniture and other wooden products; Financing services and investments segment is into money lending business through the provision of loans and financial investment holding; and Others segment is in the provision of services, such as public relations and property investment. It derives prime revenue from the PRC.
Executives
Yam Tak Cheung 2201 Interest of corporation controlled by you
Integrated Capital (asia) Limited 2106 Person having a security interest in shares
Lyu Ning Jiang 2201 Interest of corporation controlled by you
Right Momentum Group Limited 2101 Beneficial owner
Sino Merchant Car Rental Limited 2101 Beneficial owner
Able Planet International Limited
China Wood Scheme Limited
Arab Osman Mohammed
Lai Wing Lun
Dai Yumin 2202 Interest of your spouse
Deng Shufen 2201 Interest of corporation controlled by you
Liu Jiangyuan 2201 Interest of corporation controlled by you
China Orient Alternative Investment Fund 2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you

China Wood International Holding Co (HKSE:01822) Headlines

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