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Takbo Group Holdings (HKSE:08436) Gross Margin % : 25.75% (As of Dec. 2023)


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What is Takbo Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Takbo Group Holdings's Gross Profit for the three months ended in Dec. 2023 was HK$7.9 Mil. Takbo Group Holdings's Revenue for the three months ended in Dec. 2023 was HK$30.7 Mil. Therefore, Takbo Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 25.75%.


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

HKSE:08436' s Gross Margin % Range Over the Past 10 Years
Min: 29.99   Med: 33.82   Max: 37.1
Current: 34.98


During the past 9 years, the highest Gross Margin % of Takbo Group Holdings was 37.10%. The lowest was 29.99%. And the median was 33.82%.

HKSE:08436's Gross Margin % is ranked better than
69.67% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 25.19 vs HKSE:08436: 34.98

Takbo Group Holdings had a gross margin of 25.75% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Takbo Group Holdings was -0.40% per year.


Takbo Group Holdings Gross Margin % Historical Data

The historical data trend for Takbo Group 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.

Takbo Group Holdings Gross Margin % Chart

Takbo Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 37.10 31.85 31.54 33.72 34.98

Takbo Group 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 36.67 34.17 35.30 37.38 25.75

Competitive Comparison of Takbo Group Holdings's Gross Margin %

For the Household & Personal Products subindustry, Takbo Group 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.


Takbo Group Holdings's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Takbo Group Holdings's Gross Margin % distribution charts can be found below:

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



Takbo Group Holdings Gross Margin % Calculation

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

Takbo Group 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 )
=75.4 / 215.591
=(Revenue - Cost of Goods Sold) / Revenue
=(215.591 - 140.186) / 215.591
=34.98 %

Takbo Group 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 )
=7.9 / 30.709
=(Revenue - Cost of Goods Sold) / Revenue
=(30.709 - 22.8) / 30.709
=25.75 %

* 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.


Takbo Group Holdings  (HKSE:08436) 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

Takbo Group Holdings had a gross margin of 25.75% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Takbo Group Holdings Gross Margin % Related Terms

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Takbo Group Holdings (HKSE:08436) Business Description

Traded in Other Exchanges
N/A
Address
83 Hung To Road, Flat A, 22nd Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Takbo Group Holdings Ltd is an investment holding company. The company's operating segment includes the Design, development, manufacture and sale of beauty products and the Design, development and sale of beauty bags. It generates maximum revenue from the Design, development, manufacture and sale of beauty products segment. Its beauty products comprise Colour cosmetics, Toiletries such as Shower Gel, Body Lotion, Mist Spray, and Fragrances which are sold to retailers and brand owners overseas. Geographically, it derives a majority of its revenue from the United States of America.

Takbo Group Holdings (HKSE:08436) Headlines

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