CM Hi-Tech Cleanroom's gross profit for the
six
months ended in Dec. 2023 was HK$67.1 Mil. CM Hi-Tech Cleanroom's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$123.5 Mil.
CM Hi-Tech Cleanroom had a gross margin of 28.89% for the quarter that ended in Dec. 2023 => Competition eroding margins
During the past 7 years, the highestGross Margin % of CM Hi-Tech Cleanroom was 42.45%. The lowest was 31.67%. And the median was 35.62%.
Warning Sign:
CM Hi-Tech Cleanroom Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.7%.
CM Hi-Tech Cleanroom Gross Profit Historical Data
The historical data trend for CM Hi-Tech Cleanroom's Gross Profit 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.
Competitive Comparison of CM Hi-Tech Cleanroom's Gross Profit
For the Building Products & Equipment subindustry, CM Hi-Tech Cleanroom's Gross Profit, along with its competitors' market caps and Gross Profit 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.
CM Hi-Tech Cleanroom's Gross Profit Distribution in the Construction Industry
For the Construction industry and Industrials sector, CM Hi-Tech Cleanroom's Gross Profit distribution charts can be found below:
* The bar in red indicates where CM Hi-Tech Cleanroom's Gross Profit falls into.
CM Hi-Tech Cleanroom Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
CM Hi-Tech Cleanroom's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$123.5 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
CM Hi-Tech Cleanroom (HKSE:02115) Gross Profit 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
CM Hi-Tech Cleanroom had a gross margin of 28.89% for the quarter that ended in Dec. 2023 => Competition eroding margins
CM Hi-Tech Cleanroom Gross Profit Related Terms
Thank you for viewing the detailed overview of CM Hi-Tech Cleanroom's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
CM Hi-Tech Cleanroom (HKSE:02115) Business Description
CM Hi-Tech Cleanroom Ltd Formerly Channel Micron Holdings Co Ltd is a cleanroom wall and ceiling systems and cleanroom equipment provider. The company provides a range of cleanroom products and services, including the development, production and installation of cleanroom wall and ceiling systems, and cleanroom equipment such as fan filter units (which filter and regulate airflow in a cleanroom), air showers, pass boxes and HEPA filters. Its segments include Cleanroom wall and ceiling systems, which is the key revenue-generating segment; Cleanroom equipment; and others. It has a business presence in the PRC, Malaysia, the Philippines, Singapore and others. A majority of revenue is derived from the PRC.
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