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Chasen Holdings (SGX:5NV) Gross Margin % : 19.28% (As of Sep. 2023)


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What is Chasen Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chasen Holdings's Gross Profit for the six months ended in Sep. 2023 was S$14.5 Mil. Chasen Holdings's Revenue for the six months ended in Sep. 2023 was S$75.1 Mil. Therefore, Chasen Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 19.28%.

Warning Sign:

Chasen Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -5%.


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

SGX:5NV' s Gross Margin % Range Over the Past 10 Years
Min: 11.9   Med: 19.75   Max: 25.3
Current: 19.12


During the past 13 years, the highest Gross Margin % of Chasen Holdings was 25.30%. The lowest was 11.90%. And the median was 19.75%.

SGX:5NV's Gross Margin % is ranked worse than
64.38% of 480 companies
in the Conglomerates industry
Industry Median: 25.125 vs SGX:5NV: 19.12

Chasen Holdings had a gross margin of 19.28% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chasen Holdings was -5.00% per year.


Chasen Holdings Gross Margin % Historical Data

The historical data trend for Chasen 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.

Chasen Holdings Gross Margin % Chart

Chasen Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.35 11.90 18.56 17.61 17.82

Chasen Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 18.06 17.15 16.64 18.97 19.28

Competitive Comparison of Chasen Holdings's Gross Margin %

For the Conglomerates subindustry, Chasen 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.


Chasen Holdings's Gross Margin % Distribution in the Conglomerates Industry

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

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



Chasen Holdings Gross Margin % Calculation

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

Chasen 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 )
=29.2 / 164.035
=(Revenue - Cost of Goods Sold) / Revenue
=(164.035 - 134.798) / 164.035
=17.82 %

Chasen 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 )
=14.5 / 75.104
=(Revenue - Cost of Goods Sold) / Revenue
=(75.104 - 60.624) / 75.104
=19.28 %

* 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.


Chasen Holdings  (SGX:5NV) 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

Chasen Holdings had a gross margin of 19.28% 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.


Chasen Holdings Gross Margin % Related Terms

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Chasen Holdings (SGX:5NV) Business Description

Traded in Other Exchanges
N/A
Address
18 Jalan Besut, Singapore, SGP, 619571
Chasen Holdings Ltd is an investment holding company. It operates in three segments, including Specialist Relocation Solutions, Third Party Logistics, and Technical and Engineering. The company generates maximum revenue from the Third Party Logistics segment. The third-Party Logistics segment is the provision of packaging, trucking, distribution, freight forwarding, non-bonded and bonded warehousing (with in-house Customs clearance), cargo management and last-mile services. Geographically, it derives a majority of its revenue from the People's Republic of China, with a presence in Singapore, Malaysia, Thailand, the United States of America, and Vietnam.

Chasen Holdings (SGX:5NV) Headlines

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