ClouDr Group (HKSE:09955) Gross Margin % : 23.08% (As of Dec. 2023)

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What is ClouDr Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ClouDr Group's Gross Profit for the six months ended in Dec. 2023 was HK$477 Mil. ClouDr Group's Revenue for the six months ended in Dec. 2023 was HK$2,065 Mil. Therefore, ClouDr Group's Gross Margin % for the quarter that ended in Dec. 2023 was 23.08%.

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

HKSE:09955' s Gross Margin % Range Over the Past 10 Years
Min: 11.74 Med: 26.51 Max: 32.45
Current: 24.64

During the past 5 years, the highest Gross Margin % of ClouDr Group was 32.45%. The lowest was 11.74%. And the median was 26.51%.

HKSE:09955's Gross Margin % is ranked better than
68.75% of 96 companies
in the Medical Distribution industry
Industry Median: 16.22 vs HKSE:09955: 24.64

ClouDr Group had a gross margin of 23.08% for the quarter that ended in Dec. 2023 => Competition eroding margins

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

ClouDr Group Gross Margin % Historical Data

The historical data trend for ClouDr Group'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.

ClouDr Group Gross Margin % Chart

ClouDr Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

11.74

27.74

32.45

26.51

24.64

ClouDr Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			29.90	27.98	25.25	26.27	23.08

Competitive Comparison of ClouDr Group's Gross Margin %

For the Medical Distribution subindustry, ClouDr Group'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.

ClouDr Group's Gross Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, ClouDr Group's Gross Margin % distribution charts can be found below:

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

ClouDr Group Gross Margin % Calculation

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

ClouDr Group'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 )
	=	994.7	/	4036.63
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4036.63 - 3041.967)	/	4036.63
	=	24.64 %

ClouDr Group'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 )
	=	476.7	/	2065.024
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2065.024 - 1588.341)	/	2065.024
	=	23.08 %

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.

ClouDr Group (HKSE:09955) 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

ClouDr Group had a gross margin of 23.08% 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.

ClouDr Group Gross Margin % Related Terms

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ClouDr Group (HKSE:09955) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » ClouDr Group Ltd (HKSE:09955) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

H3L:Germany

Address

No. 998 Wenyi West Road (Haichuang Yuan), Wuchang Street, Rooms 501, 5th Floor, Building 12, Yuhang District, Zhejiang Province, Hangzhou, CHN

Website

https://www.cloudr.cn

ClouDr Group Ltd provides supplies and SaaS to hospitals and pharmacies, digital marketing services to pharmaceutical companies, and online consultation and prescriptions to patients, all centered around chronic condition management. Its offerings include in-hospital solutions, pharmacy solutions, and individual chronic condition management solutions. The company's in-hospital solution consists of sales of medical devices, consumables and pharmaceuticals, hospital SaaS, and digital marketing services to pharmaceutical companies. It generates revenues from sales of hospital and pharmacy supplies and individual chronic condition management products.

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