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Vision International Holdings (HKSE:08107) Gross Margin % : -29.11% (As of Dec. 2023)


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What is Vision International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vision International Holdings's Gross Profit for the three months ended in Dec. 2023 was HK$2.08 Mil. Vision International Holdings's Revenue for the three months ended in Dec. 2023 was HK$-7.16 Mil. Therefore, Vision International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was -29.11%.


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

HKSE:08107' s Gross Margin % Range Over the Past 10 Years
Min: -2.33   Med: 25.53   Max: 46.51
Current: -2.33


During the past 9 years, the highest Gross Margin % of Vision International Holdings was 46.51%. The lowest was -2.33%. And the median was 25.53%.

HKSE:08107's Gross Margin % is ranked worse than
96.6% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.685 vs HKSE:08107: -2.33

Vision International Holdings had a gross margin of -29.11% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vision International Holdings was 0.00% per year.


Vision International Holdings Gross Margin % Historical Data

The historical data trend for Vision International 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.

* Premium members only.

Vision International Holdings Gross Margin % Chart

Vision International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 25.53 17.24 8.20 8.41 -2.33

Vision International Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 10.43 4.96 -18.90 -2.85 -29.11

Competitive Comparison of Vision International Holdings's Gross Margin %

For the Apparel Manufacturing subindustry, Vision International 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.


Vision International Holdings's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vision International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vision International Holdings's Gross Margin % falls into.



Vision International Holdings Gross Margin % Calculation

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

Vision International 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 )
=-2 / 87.229
=(Revenue - Cost of Goods Sold) / Revenue
=(87.229 - 89.264) / 87.229
=-2.33 %

Vision International 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 )
=2.1 / -7.155
=(Revenue - Cost of Goods Sold) / Revenue
=(-7.155 - -9.238) / -7.155
=-29.11 %

* 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.


Vision International Holdings  (HKSE:08107) 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

Vision International Holdings had a gross margin of -29.11% 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.


Vision International Holdings Gross Margin % Related Terms

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


Vision International Holdings (HKSE:08107) Business Description

Traded in Other Exchanges
N/A
Address
1002-1008 Tai Nan West Street, 3rd Floor, China United Plaza, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Vision International Holdings Ltd is engaged in the sales of apparel products with the provision of SCM services to customers and the provision of agency services for construction and related materials. The company is an apparel supply chain management services provider in Hong Kong with its services range across market trend analysis, product design, and development, sourcing of suppliers, production management, logistics services, and quality control. It generates revenue mainly from the sales of apparel products with the provision of SCM services to customers, delivering one-stop solutions to customers in Europe and Asia; and the agency fees from the sales of construction and related materials to sourcing agents in South East Asia.
Executives
Chan Ting 2201 Interest of corporation controlled by you
Beaming Elite Holdings Limited 2101 Beneficial owner
Jpmorgan Chase & Co. 2106 Person having a security interest in shares
Arena Investors, Lp 2102 Investment manager
Arena Special Opportunities Partners Ii, Lp 2101 Beneficial owner
Lau Chi Wing James 2101 Beneficial owner
Metro Vanguard Limited 2101 Beneficial owner
Chan Sau Fung 2202 Interest of your spouse
Ko Sin Yun 2201 Interest of corporation controlled by you
Quick Target Limited 2106 Person having a security interest in shares
Arena Investors Group Holdings, Llc 2201 Interest of corporation controlled by you
Enkai Investments Pte. Ltd. 2101 Beneficial owner
Ng Kim Ming 2201 Interest of corporation controlled by you

Vision International Holdings (HKSE:08107) Headlines

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