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Fullshare Holdings (HKSE:00607) Gross Margin % : 16.05% (As of Jun. 2023)


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What is Fullshare Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fullshare Holdings's Gross Profit for the six months ended in Jun. 2023 was HK$2,028 Mil. Fullshare Holdings's Revenue for the six months ended in Jun. 2023 was HK$12,635 Mil. Therefore, Fullshare Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 16.05%.

Warning Sign:

Fullshare Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.2%.


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

HKSE:00607' s Gross Margin % Range Over the Past 10 Years
Min: 12.51   Med: 20.05   Max: 26.84
Current: 14.26


During the past 13 years, the highest Gross Margin % of Fullshare Holdings was 26.84%. The lowest was 12.51%. And the median was 20.05%.

HKSE:00607's Gross Margin % is ranked worse than
82.9% of 2935 companies
in the Industrial Products industry
Industry Median: 26.34 vs HKSE:00607: 14.26

Fullshare Holdings had a gross margin of 16.05% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fullshare Holdings was -9.20% per year.


Fullshare Holdings Gross Margin % Historical Data

The historical data trend for Fullshare Holdings'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.

Fullshare Holdings Gross Margin % Chart

Fullshare Holdings 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 20.65 21.24 15.85 15.26 14.25

Fullshare Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 14.36 14.56 15.85 16.05 12.69

Competitive Comparison of Fullshare Holdings's Gross Margin %

For the Specialty Industrial Machinery subindustry, Fullshare Holdings'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.


Fullshare Holdings's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fullshare Holdings's Gross Margin % distribution charts can be found below:

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



Fullshare Holdings Gross Margin % Calculation

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

Fullshare Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=3701.2 / 24253.225
=(Revenue - Cost of Goods Sold) / Revenue
=(24253.225 - 20552.048) / 24253.225
=15.26 %

Fullshare Holdings's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=2028.1 / 12634.822
=(Revenue - Cost of Goods Sold) / Revenue
=(12634.822 - 10606.753) / 12634.822
=16.05 %

* 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.


Fullshare Holdings  (HKSE:00607) 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

Fullshare Holdings had a gross margin of 16.05% for the quarter that ended in Jun. 2023 => No sustainable 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.


Fullshare Holdings Gross Margin % Related Terms

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Fullshare Holdings (HKSE:00607) Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Unit 2805, Level 28, Admiralty Centre Tower 1, Admiralty, Hong Kong, HKG
Fullshare Holdings Ltd is an investment holding company. The company operates through the following segments: properties; tourism; healthcare, education, and others; Investment and financial services; and New energy. The company derives the majority of its revenue from the new energy segment that involves the research, development, manufacture, and distribution of mechanical transmission equipment used in wind power and a wide range of industrial applications. Its geographical segments are China, the United States, Europe, Australia, and other countries. China accounts for the majority of the company's annual revenue.

Fullshare Holdings (HKSE:00607) Headlines

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