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Lotus Technology (FRA:5EP) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Lotus Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lotus Technology's Gross Profit for the three months ended in Dec. 2023 was €0.0 Mil. Lotus Technology's Revenue for the three months ended in Dec. 2023 was €0.0 Mil. Therefore, Lotus Technology's Gross Margin % for the quarter that ended in Dec. 2023 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 Lotus Technology's Gross Margin % or its related term are showing as below:

FRA:5EP' s Gross Margin % Range Over the Past 10 Years
Min: 5.7   Med: 15.11   Max: 24.14
Current: 5.7


During the past 3 years, the highest Gross Margin % of Lotus Technology was 24.14%. The lowest was 5.70%. And the median was 15.11%.

FRA:5EP's Gross Margin % is ranked worse than
93.12% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 19.68 vs FRA:5EP: 5.70

Lotus Technology had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lotus Technology was 0.00% per year.


Lotus Technology Gross Margin % Historical Data

The historical data trend for Lotus Technology'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.

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Lotus Technology Gross Margin % Chart

Lotus Technology Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
15.11 24.14 15.05

Lotus Technology Quarterly Data
Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % - 25.26 23.76 4.71 -

Competitive Comparison of Lotus Technology's Gross Margin %

For the Auto Manufacturers subindustry, Lotus 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.


Lotus Technology's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lotus Technology's Gross Margin % distribution charts can be found below:

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



Lotus 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.)

Lotus Technology'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 )
=93.7 / 622.65
=(Revenue - Cost of Goods Sold) / Revenue
=(622.65 - 528.95) / 622.65
=15.05 %

Lotus Technology'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 )
=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.


Lotus Technology  (FRA:5EP) 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

Lotus Technology had a gross margin of N/A% for the quarter that ended in Dec. 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.


Lotus Technology Gross Margin % Related Terms

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


Lotus Technology (FRA:5EP) Business Description

Comparable Companies
Traded in Other Exchanges
Address
No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120
Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand.

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