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ACM Research (Shanghai) (SHSE:688082) Gross Margin % : 46.32% (As of Mar. 2024)


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What is ACM Research (Shanghai) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ACM Research (Shanghai)'s Gross Profit for the three months ended in Mar. 2024 was ¥427 Mil. ACM Research (Shanghai)'s Revenue for the three months ended in Mar. 2024 was ¥921 Mil. Therefore, ACM Research (Shanghai)'s Gross Margin % for the quarter that ended in Mar. 2024 was 46.32%.


The historical rank and industry rank for ACM Research (Shanghai)'s Gross Margin % or its related term are showing as below:

SHSE:688082' s Gross Margin % Range Over the Past 10 Years
Min: 42.53   Med: 44.62   Max: 51.99
Current: 50.36


During the past 7 years, the highest Gross Margin % of ACM Research (Shanghai) was 51.99%. The lowest was 42.53%. And the median was 44.62%.

SHSE:688082's Gross Margin % is ranked better than
84.98% of 972 companies
in the Semiconductors industry
Industry Median: 28.265 vs SHSE:688082: 50.36

ACM Research (Shanghai) had a gross margin of 46.32% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ACM Research (Shanghai) was 3.00% per year.


ACM Research (Shanghai) Gross Margin % Historical Data

The historical data trend for ACM Research (Shanghai)'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.

ACM Research (Shanghai) Gross Margin % Chart

ACM Research (Shanghai) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 45.14 43.78 42.53 48.90 51.99

ACM Research (Shanghai) Quarterly Data
Dec18 Mar19 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 54.61 49.74 55.36 49.17 46.32

Competitive Comparison of ACM Research (Shanghai)'s Gross Margin %

For the Semiconductor Equipment & Materials subindustry, ACM Research (Shanghai)'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.


ACM Research (Shanghai)'s Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ACM Research (Shanghai)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where ACM Research (Shanghai)'s Gross Margin % falls into.



ACM Research (Shanghai) Gross Margin % Calculation

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

ACM Research (Shanghai)'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 )
=2021.5 / 3888.343
=(Revenue - Cost of Goods Sold) / Revenue
=(3888.343 - 1866.8) / 3888.343
=51.99 %

ACM Research (Shanghai)'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 )
=426.7 / 921.389
=(Revenue - Cost of Goods Sold) / Revenue
=(921.389 - 494.645) / 921.389
=46.32 %

* 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.


ACM Research (Shanghai)  (SHSE:688082) 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

ACM Research (Shanghai) had a gross margin of 46.32% 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.


ACM Research (Shanghai) Gross Margin % Related Terms

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ACM Research (Shanghai) (SHSE:688082) Business Description

Traded in Other Exchanges
N/A
Address
No. 1690 Cailun Road, Building 4, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203
ACM Research (Shanghai) Inc is engaged in manufacturing and distribution of semiconductor devices. The company produces semiconductor electroplating equipment, advanced packaging wet equipment, semiconductor cleaning equipment, and other equipment.

ACM Research (Shanghai) (SHSE:688082) Headlines

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