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36KR Holdings (36KR Holdings) Gross Margin % : 55.69% (As of Dec. 2023)


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What is 36KR Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. 36KR Holdings's Gross Profit for the three months ended in Dec. 2023 was $8.06 Mil. 36KR Holdings's Revenue for the three months ended in Dec. 2023 was $14.47 Mil. Therefore, 36KR Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 55.69%.


The historical rank and industry rank for 36KR Holdings's Gross Margin % or its related term are showing as below:

KRKR' s Gross Margin % Range Over the Past 10 Years
Min: 32.42   Med: 53.09   Max: 59.33
Current: 53.42


During the past 7 years, the highest Gross Margin % of 36KR Holdings was 59.33%. The lowest was 32.42%. And the median was 53.09%.

KRKR's Gross Margin % is ranked worse than
57.61% of 519 companies
in the Interactive Media industry
Industry Median: 60.86 vs KRKR: 53.42

36KR Holdings had a gross margin of 55.69% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for 36KR Holdings was 4.60% per year.


36KR Holdings Gross Margin % Historical Data

The historical data trend for 36KR 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.

36KR Holdings Gross Margin % Chart

36KR Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 41.99 32.42 59.33 57.26 53.51

36KR 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 50.69 41.65 55.37 56.33 55.69

Competitive Comparison of 36KR Holdings's Gross Margin %

For the Internet Content & Information subindustry, 36KR 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.


36KR Holdings's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 36KR Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where 36KR Holdings's Gross Margin % falls into.



36KR Holdings Gross Margin % Calculation

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

36KR 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 )
=25.5 / 47.644
=(Revenue - Cost of Goods Sold) / Revenue
=(47.644 - 22.152) / 47.644
=53.51 %

36KR 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 )
=8.1 / 14.472
=(Revenue - Cost of Goods Sold) / Revenue
=(14.472 - 6.412) / 14.472
=55.69 %

* 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.


36KR Holdings  (NAS:KRKR) 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

36KR Holdings had a gross margin of 55.69% for the quarter that ended in Dec. 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.


36KR Holdings Gross Margin % Related Terms

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36KR Holdings (36KR Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 South Chaoyang Park Avenue, 5th-6th Floor, Tower A1, Junhao Central Park Plaza, Chaoyang District, Beijing, CHN, 100026
36KR Holdings Inc is a holding company and conducts its business mainly through its subsidiaries, a VIE, and subsidiaries of the VIE. The Group is engaging in providing content and business services to new economy participants in the PRC. Its content production process includes content creation, content editing, screening and monitoring, and content distribution. The Group mainly generates revenues from providing online advertising services, enterprise value-added services, and subscription services. The Group's principal operations and geographic markets are substantially located in PRC.