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Sichuan Kelun-Biotech Biopharmaceutical Co (HKSE:06990) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Sichuan Kelun-Biotech Biopharmaceutical Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sichuan Kelun-Biotech Biopharmaceutical Co's Gross Profit for the three months ended in Dec. 2023 was HK$0.0 Mil. Sichuan Kelun-Biotech Biopharmaceutical Co's Revenue for the three months ended in Dec. 2023 was HK$0.0 Mil. Therefore, Sichuan Kelun-Biotech Biopharmaceutical Co'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 Sichuan Kelun-Biotech Biopharmaceutical Co's Gross Margin % or its related term are showing as below:

HKSE:06990' s Gross Margin % Range Over the Past 10 Years
Min: 36.5   Med: 49.28   Max: 65.64
Current: 65.64


During the past 3 years, the highest Gross Margin % of Sichuan Kelun-Biotech Biopharmaceutical Co was 65.64%. The lowest was 36.50%. And the median was 49.28%.

HKSE:06990's Gross Margin % is ranked better than
56.28% of 741 companies
in the Biotechnology industry
Industry Median: 59.43 vs HKSE:06990: 65.64

Sichuan Kelun-Biotech Biopharmaceutical Co 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 Sichuan Kelun-Biotech Biopharmaceutical Co was 0.00% per year.


Sichuan Kelun-Biotech Biopharmaceutical Co Gross Margin % Historical Data

The historical data trend for Sichuan Kelun-Biotech Biopharmaceutical Co'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.

Sichuan Kelun-Biotech Biopharmaceutical Co Gross Margin % Chart

Sichuan Kelun-Biotech Biopharmaceutical Co Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
36.50 65.57 49.28

Sichuan Kelun-Biotech Biopharmaceutical Co Quarterly Data
Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial - 77.18 47.72 - -

Competitive Comparison of Sichuan Kelun-Biotech Biopharmaceutical Co's Gross Margin %

For the Biotechnology subindustry, Sichuan Kelun-Biotech Biopharmaceutical Co'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.


Sichuan Kelun-Biotech Biopharmaceutical Co's Gross Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sichuan Kelun-Biotech Biopharmaceutical Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sichuan Kelun-Biotech Biopharmaceutical Co's Gross Margin % falls into.



Sichuan Kelun-Biotech Biopharmaceutical Co 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.)

Sichuan Kelun-Biotech Biopharmaceutical Co'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 )
=830.4 / 1684.959
=(Revenue - Cost of Goods Sold) / Revenue
=(1684.959 - 854.578) / 1684.959
=49.28 %

Sichuan Kelun-Biotech Biopharmaceutical Co'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.


Sichuan Kelun-Biotech Biopharmaceutical Co  (HKSE:06990) 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

Sichuan Kelun-Biotech Biopharmaceutical Co 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.


Sichuan Kelun-Biotech Biopharmaceutical Co Gross Margin % Related Terms

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Sichuan Kelun-Biotech Biopharmaceutical Co (HKSE:06990) Business Description

Traded in Other Exchanges
N/A
Address
No. 666 Xinhua Avenue, Chengdu Cross-Strait Science and Technology Industry Development Park, Wenjiang, Sichuan, Chengdu, CHN
Sichuan Kelun-Biotech Biopharmaceutical Co Ltd is an innovative biopharmaceutical company committed to the R&D, manufacturing and commercialization of novel drugs to address medical needs in China and globally. It is one of the first movers in the development of antibody-drug conjugates (ADCs), with over a decade of accumulated experience in ADC development. The company takes a systematic, indication-oriented approach to target the world's prevalent or hard-to-treat cancers, and other diseases and conditions affecting a large and underserved population.

Sichuan Kelun-Biotech Biopharmaceutical Co (HKSE:06990) Headlines

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