Beisen Holding (HKSE:09669) Gross Margin % : 59.17% (As of Sep. 2023)

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What is Beisen Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Beisen Holding's Gross Profit for the six months ended in Sep. 2023 was HK$254.2 Mil. Beisen Holding's Revenue for the six months ended in Sep. 2023 was HK$429.7 Mil. Therefore, Beisen Holding's Gross Margin % for the quarter that ended in Sep. 2023 was 59.17%.

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

HKSE:09669' s Gross Margin % Range Over the Past 10 Years
Min: 55.34 Med: 59.83 Max: 66.44
Current: 57.82

During the past 5 years, the highest Gross Margin % of Beisen Holding was 66.44%. The lowest was 55.34%. And the median was 59.83%.

HKSE:09669's Gross Margin % is ranked better than
66% of 2635 companies
in the Software industry
Industry Median: 41.74 vs HKSE:09669: 57.82

Beisen Holding had a gross margin of 59.17% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Beisen Holding was 0.00% per year.

Beisen Holding Gross Margin % Historical Data

The historical data trend for Beisen Holding'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.

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Beisen Holding Gross Margin % Chart

Beisen Holding Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

60.55

59.83

66.44

58.93

55.34

Beisen Holding Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial			60.40	57.68	53.97	56.54	59.17

Competitive Comparison of Beisen Holding's Gross Margin %

For the Software - Application subindustry, Beisen Holding'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.

Beisen Holding's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Beisen Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Beisen Holding's Gross Margin % falls into.

Beisen Holding Gross Margin % Calculation

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

Beisen Holding'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 )
	=	473.3	/	855.287
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(855.287 - 381.962)	/	855.287
	=	55.34 %

Beisen Holding'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 )
	=	254.2	/	429.654
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(429.654 - 175.412)	/	429.654
	=	59.17 %

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.

Beisen Holding (HKSE:09669) 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

Beisen Holding had a gross margin of 59.17% 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.

Beisen Holding Gross Margin % Related Terms

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Beisen Holding (HKSE:09669) Business Description

Industry

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Traded in Other Exchanges

U8V:Germany

Address

No. 35 Shangdi East Road, Room 710, Building 1. Block B, Yiquanhui Building, Haidian District, Beijing, CHN

Website

https://www.beisen.com

Beisen Holding Ltd is an investment holding company. The company and its subsidiaries are primarily engaged in providing cloud-based human capital management (HCM) solutions in the People's Republic of China which enables customers to recruit, evaluate, manage, develop, and retain talents efficiently. Its platform iTalentX delivers cloud-native SaaS products, namely cloud-based HCM solutions, for enterprises to recruit, evaluate, manage, and retain talents. Its platform offers a full suite of cloud-based applications covering an organization's HCM needs throughout the entire employee lifecycle.

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