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Shaanxi Coal Industry Co (SHSE:601225) Gross Margin % : 35.23% (As of Mar. 2024)


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What is Shaanxi Coal Industry Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shaanxi Coal Industry Co's Gross Profit for the three months ended in Mar. 2024 was ¥14,252 Mil. Shaanxi Coal Industry Co's Revenue for the three months ended in Mar. 2024 was ¥40,449 Mil. Therefore, Shaanxi Coal Industry Co's Gross Margin % for the quarter that ended in Mar. 2024 was 35.23%.

Warning Sign:

Shaanxi Coal Industry Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


The historical rank and industry rank for Shaanxi Coal Industry Co's Gross Margin % or its related term are showing as below:

SHSE:601225' s Gross Margin % Range Over the Past 10 Years
Min: 27.4   Med: 39.35   Max: 55.4
Current: 36.81


During the past 13 years, the highest Gross Margin % of Shaanxi Coal Industry Co was 55.40%. The lowest was 27.40%. And the median was 39.35%.

SHSE:601225's Gross Margin % is ranked better than
62.3% of 122 companies
in the Other Energy Sources industry
Industry Median: 31.05 vs SHSE:601225: 36.81

Shaanxi Coal Industry Co had a gross margin of 35.23% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shaanxi Coal Industry Co was -1.90% per year.


Shaanxi Coal Industry Co Gross Margin % Historical Data

The historical data trend for Shaanxi Coal Industry Co'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.

Shaanxi Coal Industry Co Gross Margin % Chart

Shaanxi Coal Industry Co 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 40.83 27.40 36.84 44.99 37.86

Shaanxi Coal Industry Co 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 39.38 34.71 37.88 39.58 35.23

Competitive Comparison of Shaanxi Coal Industry Co's Gross Margin %

For the Thermal Coal subindustry, Shaanxi Coal Industry Co'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.


Shaanxi Coal Industry Co's Gross Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shaanxi Coal Industry Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shaanxi Coal Industry Co's Gross Margin % falls into.



Shaanxi Coal Industry Co Gross Margin % Calculation

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

Shaanxi Coal Industry Co'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 )
=64684.4 / 170872.491
=(Revenue - Cost of Goods Sold) / Revenue
=(170872.491 - 106188.077) / 170872.491
=37.86 %

Shaanxi Coal Industry Co'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 )
=14252.2 / 40449.254
=(Revenue - Cost of Goods Sold) / Revenue
=(40449.254 - 26197.043) / 40449.254
=35.23 %

* 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.


Shaanxi Coal Industry Co  (SHSE:601225) 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

Shaanxi Coal Industry Co had a gross margin of 35.23% for the quarter that ended in Mar. 2024 => 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.


Shaanxi Coal Industry Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Shaanxi Coal Industry Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shaanxi Coal Industry Co (SHSE:601225) Business Description

Traded in Other Exchanges
N/A
Address
Yanta District, Xi'an, Shaanxi Province, all the way to the 2nd Kam industry, Shaanxi Coal Chemical Group Building 19-22, Xi'an, CHN, 710065
Shaanxi Coal Industry Co Ltd is a China-based company, principally engaged in the mining, dressing by washing, transportation, and sales of coal. The company's coal products are mainly applied in power, chemical engineering, and metallurgy, among others. The company distributes its products mainly within domestic markets.

Shaanxi Coal Industry Co (SHSE:601225) Headlines

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