Great Tang Bid Technology (Great Tang Bid Technology) Gross Margin % : 0.00% (As of Mar. 2022)

Great Tang Bid Technology Gross Margin % Chart

Great Tang Bid Technology Annual Data
	Trend	May07	May08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec20	Dec21
Gross Margin %		Get a 7-Day Free Trial					44.70	51.03	65.61	-	-

Great Tang Bid Technology Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Gross Margin %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Great Tang Bid Technology's Gross Margin %

For the Specialty Chemicals subindustry, Great Tang Bid Technology'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.

Great Tang Bid Technology's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Great Tang Bid Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Great Tang Bid Technology's Gross Margin % falls into.

Great Tang Bid Technology Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Great Tang Bid Technology's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Great Tang Bid Technology's Gross Margin for the quarter that ended in Mar. 2022 is calculated as

* 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.

Great Tang Bid Technology  (OTCPK:GTBT) 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

Great Tang Bid Technology had a gross margin of N/A% for the quarter that ended in Mar. 2022 => 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.

Great Tang Bid Technology Gross Margin % Related Terms

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Great Tang Bid Technology (Great Tang Bid Technology) Business Description