Pony Group (Pony Group) Gross Margin % : 13.89% (As of Dec. 2023)

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What is Pony Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pony Group's Gross Profit for the three months ended in Dec. 2023 was $0.01 Mil. Pony Group's Revenue for the three months ended in Dec. 2023 was $0.04 Mil. Therefore, Pony Group's Gross Margin % for the quarter that ended in Dec. 2023 was 13.89%.

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

PNYG' s Gross Margin % Range Over the Past 10 Years
Min: 18.46 Med: 33.33 Max: 49.57
Current: 45.76

During the past 7 years, the highest Gross Margin % of Pony Group was 49.57%. The lowest was 18.46%. And the median was 33.33%.

PNYG's Gross Margin % is ranked better than
86.5% of 948 companies
in the Transportation industry
Industry Median: 20.035 vs PNYG: 45.76

Pony Group had a gross margin of 13.89% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pony Group was 8.60% per year.

Pony Group Gross Margin % Historical Data

The historical data trend for Pony 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.

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Pony Group Gross Margin % Chart

Pony Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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18.46

49.57

34.81

32.46

45.51

Pony Group 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															-2.63	57.14	55.32	47.37	13.89

Competitive Comparison of Pony Group's Gross Margin %

For the Railroads subindustry, Pony 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.

Pony Group's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pony Group's Gross Margin % distribution charts can be found below:

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

Pony Group Gross Margin % Calculation

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

Pony 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 )
	=	0.1	/	0.178
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.178 - 0.097)	/	0.178
	=	45.51 %

Pony 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 )
	=	0	/	0.036
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.036 - 0.031)	/	0.036
	=	13.89 %

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.

Pony Group (OTCPK:PNYG) 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

Pony Group had a gross margin of 13.89% for the quarter that ended in Dec. 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.

Pony Group Gross Margin % Related Terms

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Pony Group (Pony Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pony Group Inc (OTCPK:PNYG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Gaoxin South Avenue, Engineer Experiment Building, A202, Nanshan District, Guangdong, Shenzhen, CHN, 518000

Website

Pony Group Inc functions in the travel industry. The company is a travel service provider that provides car services to individual and group travelers like carpooling, airport pick-up and drop-off, and personal driver services for travelers between Guangdong Province and Hong Kong. It collaborates with car fleet companies and charges a service fee by matching the traveller and the driver.

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