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Hoang Huy Investment Services JSC (STC:HHS) Gross Margin % : 3.39% (As of Mar. 2024)


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What is Hoang Huy Investment Services JSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hoang Huy Investment Services JSC's Gross Profit for the three months ended in Mar. 2024 was ₫4,294 Mil. Hoang Huy Investment Services JSC's Revenue for the three months ended in Mar. 2024 was ₫126,521 Mil. Therefore, Hoang Huy Investment Services JSC's Gross Margin % for the quarter that ended in Mar. 2024 was 3.39%.

Warning Sign:

Hoang Huy Investment Services JSC gross margin has been in long-term decline. The average rate of decline per year is -9.3%.


The historical rank and industry rank for Hoang Huy Investment Services JSC's Gross Margin % or its related term are showing as below:

STC:HHS' s Gross Margin % Range Over the Past 10 Years
Min: 1.15   Med: 11.92   Max: 21.78
Current: 8.27


During the past 13 years, the highest Gross Margin % of Hoang Huy Investment Services JSC was 21.78%. The lowest was 1.15%. And the median was 11.92%.

STC:HHS's Gross Margin % is ranked worse than
88.29% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.25 vs STC:HHS: 8.27

Hoang Huy Investment Services JSC had a gross margin of 3.39% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hoang Huy Investment Services JSC was -9.30% per year.


Hoang Huy Investment Services JSC Gross Margin % Historical Data

The historical data trend for Hoang Huy Investment Services JSC'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.

Hoang Huy Investment Services JSC Gross Margin % Chart

Hoang Huy Investment Services JSC 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 21.78 12.97 13.40 9.80 11.08

Hoang Huy Investment Services JSC 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 22.56 17.50 12.50 2.54 3.39

Competitive Comparison of Hoang Huy Investment Services JSC's Gross Margin %

For the Farm & Heavy Construction Machinery subindustry, Hoang Huy Investment Services JSC'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.


Hoang Huy Investment Services JSC's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hoang Huy Investment Services JSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hoang Huy Investment Services JSC's Gross Margin % falls into.



Hoang Huy Investment Services JSC Gross Margin % Calculation

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

Hoang Huy Investment Services JSC'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 )
=40603.6 / 366575.256
=(Revenue - Cost of Goods Sold) / Revenue
=(366575.256 - 325971.614) / 366575.256
=11.08 %

Hoang Huy Investment Services JSC'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 )
=4294.4 / 126520.754
=(Revenue - Cost of Goods Sold) / Revenue
=(126520.754 - 122226.402) / 126520.754
=3.39 %

* 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.


Hoang Huy Investment Services JSC  (STC:HHS) 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

Hoang Huy Investment Services JSC had a gross margin of 3.39% for the quarter that ended in Mar. 2024 => 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.


Hoang Huy Investment Services JSC Gross Margin % Related Terms

Thank you for viewing the detailed overview of Hoang Huy Investment Services JSC's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hoang Huy Investment Services JSC (STC:HHS) Business Description

Traded in Other Exchanges
N/A
Address
116 Nguyen Duc Canh, Cat Dai Ward, Le Chan District, Hai Phong City, VNM
Hoang Huy Investment Services JSC is a Vietnam based company engaged in the business of manufacturing and importing medium and heavy trucks with DONGFENG brand - HO BAC. It is also involved in investing in large-scale real estate projects. The products offered by the company covers tractor truck, 3-foot ben cart, Ben8 ton truck, 4-legged truck, 2-foot barrel truck, trucks 5-foot container, concrete mixing car, and specialized vehicles.