GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hypebeast Ltd (HKSE:00150) » Definitions » Gross Margin %

Hypebeast (HKSE:00150) Gross Margin % : 47.01% (As of Sep. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Hypebeast Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hypebeast's Gross Profit for the six months ended in Sep. 2023 was HK$206.8 Mil. Hypebeast's Revenue for the six months ended in Sep. 2023 was HK$440.0 Mil. Therefore, Hypebeast's Gross Margin % for the quarter that ended in Sep. 2023 was 47.01%.


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

HKSE:00150' s Gross Margin % Range Over the Past 10 Years
Min: 49.56   Med: 54.58   Max: 61.33
Current: 50.32


During the past 10 years, the highest Gross Margin % of Hypebeast was 61.33%. The lowest was 49.56%. And the median was 54.58%.

HKSE:00150's Gross Margin % is ranked worse than
61.3% of 522 companies
in the Interactive Media industry
Industry Median: 60.895 vs HKSE:00150: 50.32

Hypebeast had a gross margin of 47.01% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hypebeast was 1.70% per year.


Hypebeast Gross Margin % Historical Data

The historical data trend for Hypebeast'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.

Hypebeast Gross Margin % Chart

Hypebeast Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.89 50.48 49.56 61.33 52.65

Hypebeast Semi-Annual Data
Mar14 Sep14 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 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 58.61 63.97 52.05 53.18 47.01

Competitive Comparison of Hypebeast's Gross Margin %

For the Internet Content & Information subindustry, Hypebeast'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.


Hypebeast's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Hypebeast's Gross Margin % distribution charts can be found below:

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



Hypebeast Gross Margin % Calculation

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

Hypebeast'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 )
=505.4 / 959.973
=(Revenue - Cost of Goods Sold) / Revenue
=(959.973 - 454.555) / 959.973
=52.65 %

Hypebeast'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 )
=206.8 / 440.007
=(Revenue - Cost of Goods Sold) / Revenue
=(440.007 - 233.181) / 440.007
=47.01 %

* 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.


Hypebeast  (HKSE:00150) 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

Hypebeast had a gross margin of 47.01% 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.


Hypebeast Gross Margin % Related Terms

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


Hypebeast (HKSE:00150) Business Description

Traded in Other Exchanges
Address
No. 9 Hoi Shing Road, Tsuen Wan, 40th Floor, Cable TV Tower, New Territories, Hong Kong, HKG
Hypebeast Ltd is an investment holding company. The company's operating segment includes Digital media and E-commerce & Retail Segment. It generates maximum revenue from Digital media. The digital media segment is engaged in the provision of advertising spaces, provision of services for creative agency projects and publication of magazines. The E-commerce segment is involved in the operation of an online retail platform for the sale of third-party branded clothing, shoes and accessories, and commission fee from consignment sales. Geographically, it has a presence in the United States; Hong Kong; China, and Other Countries.

Hypebeast (HKSE:00150) Headlines

No Headlines