Chi Kan Holdings (HKSE:09913) Gross Margin % : 17.55% (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Chi Kan Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chi Kan Holdings's Gross Profit for the six months ended in Sep. 2023 was HK$131 Mil. Chi Kan Holdings's Revenue for the six months ended in Sep. 2023 was HK$749 Mil. Therefore, Chi Kan Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 17.55%.

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

HKSE:09913' s Gross Margin % Range Over the Past 10 Years
Min: 7.35 Med: 10.66 Max: 20.48
Current: 14.5

During the past 6 years, the highest Gross Margin % of Chi Kan Holdings was 20.48%. The lowest was 7.35%. And the median was 10.66%.

HKSE:09913's Gross Margin % is ranked worse than
60.55% of 1612 companies
in the Construction industry
Industry Median: 19.255 vs HKSE:09913: 14.50

Chi Kan Holdings had a gross margin of 17.55% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chi Kan Holdings was 13.70% per year.

Chi Kan Holdings Gross Margin % Historical Data

The historical data trend for Chi Kan 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.

Chi Kan Holdings Gross Margin % Chart

Chi Kan Holdings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

Get a 7-Day Free Trial

10.66

7.35

20.48

13.62

Chi Kan Holdings Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial						9.69	30.43	15.61	11.80	17.55

Competitive Comparison of Chi Kan Holdings's Gross Margin %

For the Engineering & Construction subindustry, Chi Kan 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.

Chi Kan Holdings's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chi Kan Holdings's Gross Margin % distribution charts can be found below:

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

Chi Kan Holdings Gross Margin % Calculation

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

Chi Kan Holdings'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 )
	=	221.2	/	1623.573
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1623.573 - 1402.403)	/	1623.573
	=	13.62 %

Chi Kan Holdings'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 )
	=	131.5	/	749.157
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(749.157 - 617.699)	/	749.157
	=	17.55 %

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.

Chi Kan Holdings (HKSE:09913) 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

Chi Kan Holdings had a gross margin of 17.55% for the quarter that ended in Sep. 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.

Chi Kan Holdings Gross Margin % Related Terms

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

Chi Kan Holdings (HKSE:09913) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Kan Holdings Ltd (HKSE:09913) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 650 Cheung Sha Wan Road, Rooms 1008 and 1009, 10th Floor, China Shipbuilding Tower, Kowloon, Hong Kong, HKG

Website

http://www.chikanck.com

Chi Kan Holdings Ltd is a formwork contractor, mainly engaged in the provision of formwork services. The Company is principally engaged in the business of providing formwork services and other construction services in Hong Kong. The company's services include conventional formwork which is built on-site by mainly using timber and plywood; and prefabricated formwork which is built out of prefabricated modules by mainly using aluminium and steel. It also provides other construction services, including plastering, installing curtain walls and other miscellaneous works on an ancillary basis. It derives all its revenue from Hong Kong.

Chi Kan Holdings (HKSE:09913) Headlines

No Headlines