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Hangzhou DPtech Technologies Co (SZSE:300768) Gross Margin % : 69.41% (As of Mar. 2024)


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What is Hangzhou DPtech Technologies Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hangzhou DPtech Technologies Co's Gross Profit for the three months ended in Mar. 2024 was ¥177 Mil. Hangzhou DPtech Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥255 Mil. Therefore, Hangzhou DPtech Technologies Co's Gross Margin % for the quarter that ended in Mar. 2024 was 69.41%.


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

SZSE:300768' s Gross Margin % Range Over the Past 10 Years
Min: 66.75   Med: 69.68   Max: 71.45
Current: 68.78


During the past 10 years, the highest Gross Margin % of Hangzhou DPtech Technologies Co was 71.45%. The lowest was 66.75%. And the median was 69.68%.

SZSE:300768's Gross Margin % is ranked better than
76.79% of 2641 companies
in the Software industry
Industry Median: 41.84 vs SZSE:300768: 68.78

Hangzhou DPtech Technologies Co had a gross margin of 69.41% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hangzhou DPtech Technologies Co was -0.80% per year.


Hangzhou DPtech Technologies Co Gross Margin % Historical Data

The historical data trend for Hangzhou DPtech Technologies 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.

Hangzhou DPtech Technologies Co Gross Margin % Chart

Hangzhou DPtech Technologies 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 71.20 70.52 71.45 67.79 68.83

Hangzhou DPtech Technologies 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 69.70 65.04 69.68 69.97 69.41

Competitive Comparison of Hangzhou DPtech Technologies Co's Gross Margin %

For the Software - Infrastructure subindustry, Hangzhou DPtech Technologies 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.


Hangzhou DPtech Technologies Co's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Hangzhou DPtech Technologies Co's Gross Margin % distribution charts can be found below:

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



Hangzhou DPtech Technologies Co Gross Margin % Calculation

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

Hangzhou DPtech Technologies 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 )
=711.6 / 1033.97
=(Revenue - Cost of Goods Sold) / Revenue
=(1033.97 - 322.334) / 1033.97
=68.83 %

Hangzhou DPtech Technologies 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 )
=176.8 / 254.653
=(Revenue - Cost of Goods Sold) / Revenue
=(254.653 - 77.9) / 254.653
=69.41 %

* 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.


Hangzhou DPtech Technologies Co  (SZSE:300768) 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

Hangzhou DPtech Technologies Co had a gross margin of 69.41% 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.


Hangzhou DPtech Technologies Co Gross Margin % Related Terms

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Hangzhou DPtech Technologies Co (SZSE:300768) Business Description

Traded in Other Exchanges
N/A
Address
No. 68 Tonghe Road, 6th Floor, Zhongcai Building, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou DPtech Technologies Co Ltd focuses on network security and application delivery products and solutions. The security and application delivery products portfolio includes Application Firewall, IPS, Bandwidth Management, Deep Packet Inspection, Web Application Firewall, Anti-DDoS, Appliction Delivery and others.

Hangzhou DPtech Technologies Co (SZSE:300768) Headlines

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