Akso Health Group (Akso Health Group) Gross Margin % : 4.36% (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Akso Health Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Akso Health Group's Gross Profit for the six months ended in Sep. 2023 was $0.04 Mil. Akso Health Group's Revenue for the six months ended in Sep. 2023 was $0.89 Mil. Therefore, Akso Health Group's Gross Margin % for the quarter that ended in Sep. 2023 was 4.36%.

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

AHG' s Gross Margin % Range Over the Past 10 Years
Min: 8.21 Med: 71.48 Max: 92.08
Current: 8.21

During the past 9 years, the highest Gross Margin % of Akso Health Group was 92.08%. The lowest was 8.21%. And the median was 71.48%.

AHG's Gross Margin % is ranked worse than
77.08% of 96 companies
in the Medical Distribution industry
Industry Median: 16.22 vs AHG: 8.21

Akso Health Group had a gross margin of 4.36% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Akso Health Group was 0.00% per year.

Akso Health Group Gross Margin % Historical Data

The historical data trend for Akso Health Group'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.

Akso Health Group Gross Margin % Chart

Akso Health Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

Get a 7-Day Free Trial

10.08

9.63

Akso Health Group Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial												2.44	10.41	9.50	10.80	4.36

Competitive Comparison of Akso Health Group's Gross Margin %

For the Medical Distribution subindustry, Akso Health Group'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.

Akso Health Group's Gross Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Akso Health Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Akso Health Group's Gross Margin % falls into.

Akso Health Group Gross Margin % Calculation

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

Akso Health Group'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 )
	=	1.3	/	13.182
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(13.182 - 11.913)	/	13.182
	=	9.63 %

Akso Health Group'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 )
	=	0	/	0.894
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.894 - 0.855)	/	0.894
	=	4.36 %

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.

Akso Health Group (NAS:AHG) 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

Akso Health Group had a gross margin of 4.36% for the quarter that ended in Sep. 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.

Akso Health Group Gross Margin % Related Terms

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

Akso Health Group (Akso Health Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Akso Health Group (NAS:AHG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

8HX1:Germany

Address

No. 44, Moscow Road, Qianwan Bonded Port Area, Room 8201-4-4(A), 2nd Floor, Qiantongyuan Building, Qingdao Pilot Free Trade Zone, Shandong, CHN

Website

http://www.xiaobaimaimai.com

Akso Health Group formerly Xiaobai Maimai Inc is a social e-commerce platform based in China. The company collaborates with domestic e-commerce platforms and offers users a wide selection of high-quality and affordable products on its social e-commerce platform. It operates in two segments namely online marketplace and health devices. It generates the majority of revenue from the health devices segment.