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Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Gross Margin % : 53.09% (As of Mar. 2024)


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What is Asia-Potash International Investment (Guangzhou) Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Asia-Potash International Investment (Guangzhou) Co's Gross Profit for the three months ended in Mar. 2024 was ¥336 Mil. Asia-Potash International Investment (Guangzhou) Co's Revenue for the three months ended in Mar. 2024 was ¥633 Mil. Therefore, Asia-Potash International Investment (Guangzhou) Co's Gross Margin % for the quarter that ended in Mar. 2024 was 53.09%.


The historical rank and industry rank for Asia-Potash International Investment (Guangzhou) Co's Gross Margin % or its related term are showing as below:

SZSE:000893' s Gross Margin % Range Over the Past 10 Years
Min: -1.47   Med: 38.19   Max: 72.73
Current: 55.99


During the past 13 years, the highest Gross Margin % of Asia-Potash International Investment (Guangzhou) Co was 72.73%. The lowest was -1.47%. And the median was 38.19%.

SZSE:000893's Gross Margin % is ranked better than
92.74% of 234 companies
in the Agriculture industry
Industry Median: 23.015 vs SZSE:000893: 55.99

Asia-Potash International Investment (Guangzhou) Co had a gross margin of 53.09% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asia-Potash International Investment (Guangzhou) Co was 14.20% per year.


Asia-Potash International Investment (Guangzhou) Co Gross Margin % Historical Data

The historical data trend for Asia-Potash International Investment (Guangzhou) 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.

Asia-Potash International Investment (Guangzhou) Co Gross Margin % Chart

Asia-Potash International Investment (Guangzhou) 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 40.76 43.78 65.30 72.73 58.72

Asia-Potash International Investment (Guangzhou) 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 66.27 59.26 54.67 55.16 53.09

Competitive Comparison of Asia-Potash International Investment (Guangzhou) Co's Gross Margin %

For the Agricultural Inputs subindustry, Asia-Potash International Investment (Guangzhou) 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.


Asia-Potash International Investment (Guangzhou) Co's Gross Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Asia-Potash International Investment (Guangzhou) Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Asia-Potash International Investment (Guangzhou) Co's Gross Margin % falls into.



Asia-Potash International Investment (Guangzhou) Co Gross Margin % Calculation

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

Asia-Potash International Investment (Guangzhou) 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 )
=2288.5 / 3897.597
=(Revenue - Cost of Goods Sold) / Revenue
=(3897.597 - 1609.113) / 3897.597
=58.72 %

Asia-Potash International Investment (Guangzhou) 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 )
=336.2 / 633.276
=(Revenue - Cost of Goods Sold) / Revenue
=(633.276 - 297.099) / 633.276
=53.09 %

* 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.


Asia-Potash International Investment (Guangzhou) Co  (SZSE:000893) 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

Asia-Potash International Investment (Guangzhou) Co had a gross margin of 53.09% 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.


Asia-Potash International Investment (Guangzhou) Co Gross Margin % Related Terms

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Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Business Description

Traded in Other Exchanges
N/A
Address
No. 1166 Xin Gang East Road, 19th Floor, South Tower, International Commerce Place, Guangzhou, CHN, 510330
Asia-Potash International Investment (Guangzhou) Co Ltd, formerly Donlinks International Investment Co Ltd is primarily involved in the grain trading activities. It trades in corns, sorghums, feeds barleys, DDGs, and others. Further, it is also engaged in the business of overseas dry bulk carriers such as coal and iron ore and provides logistics solution. The business activities are carried out through China.

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Headlines

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