GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Annil Co Ltd (SZSE:002875) » Definitions » Gross Margin %

Annil Co (SZSE:002875) Gross Margin % : 52.42% (As of Mar. 2024)


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

What is Annil Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Annil Co's Gross Profit for the three months ended in Mar. 2024 was ¥103.6 Mil. Annil Co's Revenue for the three months ended in Mar. 2024 was ¥197.6 Mil. Therefore, Annil Co's Gross Margin % for the quarter that ended in Mar. 2024 was 52.42%.

Warning Sign:

Annil Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

SZSE:002875' s Gross Margin % Range Over the Past 10 Years
Min: 47.15   Med: 55.36   Max: 60.28
Current: 51.95


During the past 12 years, the highest Gross Margin % of Annil Co was 60.28%. The lowest was 47.15%. And the median was 55.36%.

SZSE:002875's Gross Margin % is ranked better than
81.04% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 26.25 vs SZSE:002875: 51.95

Annil Co had a gross margin of 52.42% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Annil Co was -1.80% per year.


Annil Co Gross Margin % Historical Data

The historical data trend for Annil 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.

Annil Co Gross Margin % Chart

Annil 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 52.64 54.73 56.70 47.15 51.79

Annil 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 51.78 55.33 53.71 47.79 52.42

Competitive Comparison of Annil Co's Gross Margin %

For the Textile Manufacturing subindustry, Annil 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.


Annil Co's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Annil Co's Gross Margin % distribution charts can be found below:

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



Annil Co Gross Margin % Calculation

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

Annil 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 )
=417.3 / 805.73
=(Revenue - Cost of Goods Sold) / Revenue
=(805.73 - 388.436) / 805.73
=51.79 %

Annil 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 )
=103.6 / 197.619
=(Revenue - Cost of Goods Sold) / Revenue
=(197.619 - 94.024) / 197.619
=52.42 %

* 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.


Annil Co  (SZSE:002875) 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

Annil Co had a gross margin of 52.42% 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.


Annil Co Gross Margin % Related Terms

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


Annil Co (SZSE:002875) Business Description

Traded in Other Exchanges
N/A
Address
NO.2018 Xuegang Road, Bantian Street, 13th-17th Floors, 3-A Building, 1st Phase, Cloud Park industrial Zone, Longgang District, Shenzhen, CHN, 518129
Annil Co Ltd is engaged in the design and manufacture of clothing products for infants and kids. Its main products include tops, coats, trousers, skirts, down jackets, leisure wears and other accessories. Its products are made of natural cotton, flax and wool, printed and dyed with active green dyes.
Executives
Cao Zhang Director
Xu Wen Li Director
Long Yan Directors, executives
Wang Jian Qing Directors, executives
Cheng Shu Xia Supervisors
Wang Jian Guo Supervisors
Jiang Chun Secretary Dong
Wang Yi Peng Executives
Xiao Yan Supervisors
Liao Zhi Gang Directors, executives

Annil Co (SZSE:002875) Headlines

No Headlines