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C&D International Investment Group (HKSE:01908) Gross Margin % : 10.18% (As of Dec. 2023)


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What is C&D International Investment Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. C&D International Investment Group's Gross Profit for the six months ended in Dec. 2023 was HK$12,253 Mil. C&D International Investment Group's Revenue for the six months ended in Dec. 2023 was HK$120,393 Mil. Therefore, C&D International Investment Group's Gross Margin % for the quarter that ended in Dec. 2023 was 10.18%.

Warning Sign:

C&D International Investment Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -18.4%.


The historical rank and industry rank for C&D International Investment Group's Gross Margin % or its related term are showing as below:

HKSE:01908' s Gross Margin % Range Over the Past 10 Years
Min: 11.1   Med: 24.87   Max: 63.69
Current: 11.1


During the past 13 years, the highest Gross Margin % of C&D International Investment Group was 63.69%. The lowest was 11.10%. And the median was 24.87%.

HKSE:01908's Gross Margin % is ranked worse than
88.65% of 1656 companies
in the Real Estate industry
Industry Median: 36.705 vs HKSE:01908: 11.10

C&D International Investment Group had a gross margin of 10.18% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for C&D International Investment Group was -18.40% per year.


C&D International Investment Group Gross Margin % Historical Data

The historical data trend for C&D International Investment 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.

C&D International Investment Group Gross Margin % Chart

C&D International Investment 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 25.88 17.17 16.64 15.28 11.10

C&D International Investment 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 17.22 15.05 15.32 15.25 10.18

Competitive Comparison of C&D International Investment Group's Gross Margin %

For the Real Estate - Development subindustry, C&D International Investment 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.


C&D International Investment Group's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, C&D International Investment Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where C&D International Investment Group's Gross Margin % falls into.



C&D International Investment Group Gross Margin % Calculation

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

C&D International Investment 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 )
=16315.3 / 147036.668
=(Revenue - Cost of Goods Sold) / Revenue
=(147036.668 - 130721.36) / 147036.668
=11.10 %

C&D International Investment 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 )
=12252.5 / 120393.101
=(Revenue - Cost of Goods Sold) / Revenue
=(120393.101 - 108140.572) / 120393.101
=10.18 %

* 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.


C&D International Investment Group  (HKSE:01908) 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

C&D International Investment Group had a gross margin of 10.18% 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.


C&D International Investment Group Gross Margin % Related Terms

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C&D International Investment Group (HKSE:01908) Business Description

Traded in Other Exchanges
N/A
Address
213 Queen’s Road East, Office No. 3517, 35th Floor, Wu Chung House, Wanchai, Hong Kong, HKG
C&D International Investment Group Ltd is an investment holding company engaged in the real estate sector. The company operates in a single segment of property development and generates the majority of its revenue from China.

C&D International Investment Group (HKSE:01908) Headlines

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