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Feutune Light Acquisition (Feutune Light Acquisition) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Feutune Light Acquisition Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Feutune Light Acquisition's Gross Profit for the three months ended in Mar. 2024 was $0.00 Mil. Feutune Light Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Feutune Light Acquisition's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


FLFV's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 45.39
* Ranked among companies with meaningful Gross Margin % only.

Feutune Light Acquisition had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Feutune Light Acquisition was 0.00% per year.


Feutune Light Acquisition Gross Margin % Historical Data

The historical data trend for Feutune Light Acquisition'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.

Feutune Light Acquisition Gross Margin % Chart

Feutune Light Acquisition Annual Data
Trend Dec22 Dec23
Gross Margin %
- -

Feutune Light Acquisition Quarterly Data
Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Feutune Light Acquisition's Gross Margin %

For the Shell Companies subindustry, Feutune Light Acquisition'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.


Feutune Light Acquisition's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Feutune Light Acquisition's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Feutune Light Acquisition's Gross Margin % falls into.



Feutune Light Acquisition 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.)

Feutune Light Acquisition'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 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Feutune Light Acquisition's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Feutune Light Acquisition  (NAS:FLFV) 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

Feutune Light Acquisition had a gross margin of N/A% for the quarter that ended in Mar. 2024 => 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.


Feutune Light Acquisition Gross Margin % Related Terms

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Feutune Light Acquisition (Feutune Light Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
48 Bridge Street, Building A, Metuchen, NJ, USA, 08840
Website
Feutune Light Acquisition Corp is a newly organized blank check company.
Executives
Wenbing Wang director 21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020
Michael Davidov other: Former Director 60 EAST 42 STREET, NEW YORK NY 10165
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Yuanmei Ma officer: CFO ROOM 605A TOWER A, RAYCOM INFO TECH PARK, NO. 2 KEXUEYUAN S. RD., ZHONGGUANCUN, HAIDIAN DISTRICT, BEIJING F4 100080
Lei Xu director, other: President and chairwoman 1818 LINDA VISTA CIR., FULLERTON CA 92831
Feutune Light Sponsor Llc 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Xuedong Tian director, officer: CEO and Director 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Sau Fong Yeung 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Kevin Vassily director C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Ping Li director A1 68 XINXIA STREET, PINGHU, LONGGANG, SHENZHEN, GUANDONG F4 518111

Feutune Light Acquisition (Feutune Light Acquisition) Headlines

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