EC Healthcare (EC Healthcare) Gross Margin % : 84.32% (As of Sep. 2023)

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What is EC Healthcare Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. EC Healthcare's Gross Profit for the six months ended in Sep. 2023 was $228.5 Mil. EC Healthcare's Revenue for the six months ended in Sep. 2023 was $271.0 Mil. Therefore, EC Healthcare's Gross Margin % for the quarter that ended in Sep. 2023 was 84.32%.

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

UNHLF' s Gross Margin % Range Over the Past 10 Years
Min: 84.71 Med: 88.03 Max: 92.34
Current: 84.71

During the past 9 years, the highest Gross Margin % of EC Healthcare was 92.34%. The lowest was 84.71%. And the median was 88.03%.

UNHLF's Gross Margin % is ranked better than
88.54% of 611 companies
in the Healthcare Providers & Services industry
Industry Median: 41.53 vs UNHLF: 84.71

EC Healthcare had a gross margin of 84.32% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for EC Healthcare was -0.30% per year.

EC Healthcare Gross Margin % Historical Data

The historical data trend for EC Healthcare'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.

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EC Healthcare Gross Margin % Chart

EC Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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87.73

88.93

88.69

88.03

85.73

EC Healthcare Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial													89.15	86.93	86.36	85.13	84.32

Competitive Comparison of EC Healthcare's Gross Margin %

For the Medical Care Facilities subindustry, EC Healthcare'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.

EC Healthcare's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EC Healthcare's Gross Margin % distribution charts can be found below:

* The bar in red indicates where EC Healthcare's Gross Margin % falls into.

EC Healthcare Gross Margin % Calculation

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

EC Healthcare's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	423.3	/	493.76
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(493.76 - 70.451)	/	493.76
	=	85.73 %

EC Healthcare's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	228.5	/	270.973
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(270.973 - 42.481)	/	270.973
	=	84.32 %

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.

EC Healthcare (OTCPK:UNHLF) 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

EC Healthcare had a gross margin of 84.32% for the quarter that ended in Sep. 2023 => 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.

EC Healthcare Gross Margin % Related Terms

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EC Healthcare (EC Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EC Healthcare (OTCPK:UNHLF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

02138:Hong Kong 1UM0:Germany

Address

8 Argyle Street, L50, Langham Place Office Tower, Mong Kok, Hong Kong, HKG

Website

https://www.echealthcare.com

EC Healthcare is a Hong Kong-based non-hospital medical service provider. The principal activities of the group include the provision of medical services; aesthetic medical services, comprising medical aesthetics and dental services; beauty and wellness services, comprising traditional beauty, haircare, and ancillary wellness services; and the sale of skincare, healthcare and beauty products. The group caters to its services through the operating segments of Medical which is the key revenue generator segment and Aesthetic medical, beauty and wellness, and Veterinary and others. Geographically, the group has a business presence in Hong Kong, Macau, and the PRC.

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