GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jardine Matheson Holdings Ltd (OTCPK:JARLF) » Definitions » Gross Margin %

Jardine Matheson Holdings (Jardine Matheson Holdings) Gross Margin %

: 29.29% (As of Dec. 2023)
View and export this data going back to 2009. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Jardine Matheson Holdings's Gross Profit for the six months ended in Dec. 2023 was $5,197 Mil. Jardine Matheson Holdings's Revenue for the six months ended in Dec. 2023 was $17,742 Mil. Therefore, Jardine Matheson Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 29.29%.


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

JARLF' s Gross Margin % Range Over the Past 10 Years
Min: 23.27   Med: 24.67   Max: 28.5
Current: 28.5


During the past 13 years, the highest Gross Margin % of Jardine Matheson Holdings was 28.50%. The lowest was 23.27%. And the median was 24.67%.

JARLF's Gross Margin % is ranked better than
58.96% of 480 companies
in the Conglomerates industry
Industry Median: 24.995 vs JARLF: 28.50

Jardine Matheson Holdings had a gross margin of 29.29% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jardine Matheson Holdings was 3.00% per year.


Jardine Matheson Holdings Gross Margin % Historical Data

The historical data trend for Jardine Matheson 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.

Jardine Matheson Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.91 25.42 25.39 27.17 28.50

Jardine Matheson 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 % 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 Premium Member Only Premium Member Only Premium Member Only 26.27 26.65 27.66 27.73 29.29

Competitive Comparison

For the Conglomerates subindustry, Jardine Matheson 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.


Jardine Matheson Holdings Gross Margin % Distribution

For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's Gross Margin % distribution charts can be found below:

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



Jardine Matheson Holdings Gross Margin % Calculation

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

Jardine Matheson Holdings'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 )
=10274 / 36049
=(Revenue - Cost of Goods Sold) / Revenue
=(36049 - 25775) / 36049
=28.50 %

Jardine Matheson Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=5197 / 17742
=(Revenue - Cost of Goods Sold) / Revenue
=(17742 - 12545) / 17742
=29.29 %

* 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.


Jardine Matheson Holdings  (OTCPK:JARLF) 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

Jardine Matheson Holdings had a gross margin of 29.29% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Jardine Matheson Holdings Gross Margin % Related Terms

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


Jardine Matheson Holdings (Jardine Matheson Holdings) Business Description

Traded in Other Exchanges
Address
33-35 Reid Street, 4th Floor, Jardine House, P.O. Box HM 1068, Hamilton, BMU, HM 12
Jardine Matheson Holdings Ltd is a conglomerate of businesses operating primarily in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, the largest businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.

Jardine Matheson Holdings (Jardine Matheson Holdings) Headlines

From GuruFocus

First Eagle Investment Comments on Jardine Matheson

By Holly LaFon Holly LaFon 09-09-2019

Drop in Real Estate Brings Down Hong Kong Blue Chips

By Holmes Osborne, CFA Holmes Osborne, CFA 03-08-2016

First Eagle Global Income Builder Fund Comments on Jardine Matheson

By Sydnee Gatewood Sydnee Gatewood 07-31-2020

First Eagle Comments on Jardine Matheson

By Sydnee Gatewood Sydnee Gatewood 05-04-2021

The Wintergreen Fund's Top Positions as of the Third Quarter

By Monica Wolfe Monica Wolfe 12-03-2013

First Eagle Comments on Jardine Matheson

By Sydnee Gatewood 10-29-2021

A China Value Play: Jardine Matheson

By gurufocus Holmes R Osborne 06-23-2007