GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Lancang River Hydropower Inc (SHSE:600025) » Definitions » Gross Margin %

Huaneng Lancang River Hydropower (SHSE:600025) Gross Margin % : 51.72% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Huaneng Lancang River Hydropower Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Huaneng Lancang River Hydropower's Gross Profit for the three months ended in Mar. 2024 was ¥2,286 Mil. Huaneng Lancang River Hydropower's Revenue for the three months ended in Mar. 2024 was ¥4,420 Mil. Therefore, Huaneng Lancang River Hydropower's Gross Margin % for the quarter that ended in Mar. 2024 was 51.72%.


The historical rank and industry rank for Huaneng Lancang River Hydropower's Gross Margin % or its related term are showing as below:

SHSE:600025' s Gross Margin % Range Over the Past 10 Years
Min: 44.36   Med: 53.9   Max: 58.56
Current: 56.65


During the past 13 years, the highest Gross Margin % of Huaneng Lancang River Hydropower was 58.56%. The lowest was 44.36%. And the median was 53.90%.

SHSE:600025's Gross Margin % is ranked better than
73.86% of 394 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.54 vs SHSE:600025: 56.65

Huaneng Lancang River Hydropower had a gross margin of 51.72% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Huaneng Lancang River Hydropower was 1.50% per year.


Huaneng Lancang River Hydropower Gross Margin % Historical Data

The historical data trend for Huaneng Lancang River Hydropower'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.

Huaneng Lancang River Hydropower Gross Margin % Chart

Huaneng Lancang River Hydropower Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.08 53.17 54.63 55.71 56.36

Huaneng Lancang River Hydropower Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 49.98 65.02 63.12 42.06 51.72

Competitive Comparison of Huaneng Lancang River Hydropower's Gross Margin %

For the Utilities - Renewable subindustry, Huaneng Lancang River Hydropower'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.


Huaneng Lancang River Hydropower's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Lancang River Hydropower's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Huaneng Lancang River Hydropower's Gross Margin % falls into.



Huaneng Lancang River Hydropower Gross Margin % Calculation

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

Huaneng Lancang River Hydropower'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 )
=13223.7 / 23461.332
=(Revenue - Cost of Goods Sold) / Revenue
=(23461.332 - 10237.645) / 23461.332
=56.36 %

Huaneng Lancang River Hydropower's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2285.9 / 4419.725
=(Revenue - Cost of Goods Sold) / Revenue
=(4419.725 - 2133.789) / 4419.725
=51.72 %

* 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.


Huaneng Lancang River Hydropower  (SHSE:600025) 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

Huaneng Lancang River Hydropower had a gross margin of 51.72% for the quarter that ended in Mar. 2024 => 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.


Huaneng Lancang River Hydropower Gross Margin % Related Terms

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


Huaneng Lancang River Hydropower (SHSE:600025) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Century City Middle Road, Guandu District, Kunming, CHN, 650214
Huaneng Lancang River Hydropower Inc is engaged in the development and operation of Lancang River and the surrounding areas of hydropower resources. The company is also engaged in the exploration of solar photovoltaic, wind power, shale gas and other new energy construction.

Huaneng Lancang River Hydropower (SHSE:600025) Headlines

No Headlines