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Tam Jai International Co (HKSE:02217) Gross Margin % : 74.03% (As of Sep. 2023)


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What is Tam Jai International Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tam Jai International Co's Gross Profit for the six months ended in Sep. 2023 was HK$1,027 Mil. Tam Jai International Co's Revenue for the six months ended in Sep. 2023 was HK$1,387 Mil. Therefore, Tam Jai International Co's Gross Margin % for the quarter that ended in Sep. 2023 was 74.03%.


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

HKSE:02217' s Gross Margin % Range Over the Past 10 Years
Min: 45.78   Med: 75.9   Max: 77.22
Current: 47.66


During the past 5 years, the highest Gross Margin % of Tam Jai International Co was 77.22%. The lowest was 45.78%. And the median was 75.90%.

HKSE:02217's Gross Margin % is ranked better than
50.44% of 343 companies
in the Restaurants industry
Industry Median: 47.41 vs HKSE:02217: 47.66

Tam Jai International Co had a gross margin of 74.03% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tam Jai International Co was 0.00% per year.


Tam Jai International Co Gross Margin % Historical Data

The historical data trend for Tam Jai International 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.

Tam Jai International Co Gross Margin % Chart

Tam Jai International Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
75.90 77.22 77.07 47.23 45.78

Tam Jai International Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 77.35 14.70 72.80 20.21 74.03

Competitive Comparison of Tam Jai International Co's Gross Margin %

For the Restaurants subindustry, Tam Jai International 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.


Tam Jai International Co's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tam Jai International Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tam Jai International Co's Gross Margin % falls into.



Tam Jai International Co Gross Margin % Calculation

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

Tam Jai International Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=1187.9 / 2594.613
=(Revenue - Cost of Goods Sold) / Revenue
=(2594.613 - 1406.754) / 2594.613
=45.78 %

Tam Jai International Co's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1027.1 / 1387.369
=(Revenue - Cost of Goods Sold) / Revenue
=(1387.369 - 360.297) / 1387.369
=74.03 %

* 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.


Tam Jai International Co  (HKSE:02217) 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

Tam Jai International Co had a gross margin of 74.03% for the quarter that ended in Sep. 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.


Tam Jai International Co Gross Margin % Related Terms

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Tam Jai International Co (HKSE:02217) Business Description

Traded in Other Exchanges
Address
No. 9 Cheung Yee Street, 8th Floor of D2 Place ONE, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Tam Jai International Co Ltd is a chain restaurant operator for fast casual restaurant chains, with operations in Mainland China and Singapore. It generates maximum revenue from Hong Kong.

Tam Jai International Co (HKSE:02217) Headlines

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