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HNO International (HNO International) Gross Margin % : 0.00% (As of Jan. 2024)


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What is HNO International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. HNO International's Gross Profit for the three months ended in Jan. 2024 was $0.00 Mil. HNO International's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. Therefore, HNO International's Gross Margin % for the quarter that ended in Jan. 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 HNO International's Gross Margin % or its related term are showing as below:


During the past 7 years, the highest Gross Margin % of HNO International was 53.85%. The lowest was -53.00%. And the median was 20.59%.

HNOI's Gross Margin % is not ranked *
in the Capital Markets industry.
Industry Median: 48.7
* Ranked among companies with meaningful Gross Margin % only.

HNO International had a gross margin of N/A% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

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


HNO International Gross Margin % Historical Data

The historical data trend for HNO International'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.

HNO International Gross Margin % Chart

HNO International Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct22 Oct23
Gross Margin %
Get a 7-Day Free Trial - - -53.00 20.59 53.85

HNO International Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of HNO International's Gross Margin %

For the Financial Data & Stock Exchanges subindustry, HNO International'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.


HNO International's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HNO International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where HNO International's Gross Margin % falls into.



HNO International 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.)

HNO International's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )=Gross Profit (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=0 / 0.013
=(Revenue - Cost of Goods Sold) / Revenue
=(0.013 - 0.006) / 0.013
=53.85 %

HNO International's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 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.


HNO International  (OTCPK:HNOI) 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

HNO International had a gross margin of N/A% for the quarter that ended in Jan. 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.


HNO International Gross Margin % Related Terms

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HNO International (HNO International) Business Description

Traded in Other Exchanges
N/A
Address
41558 Eastman Drive, Suite B, Murrieta, CA, USA, 92562
HNO International Inc is engaged in providing custom engineering and innovative green hydrogen technologies to help the world transition from fossil fuels to clean energy. The Company focuses on systems engineering design, integration, and product development for the generation of green hydrogen-based solutions to help businesses and communities decarbonize in the near term.
Executives
Hossein Haririnia director, officer: Treasurer 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Paul H Mueller officer: President, CEO and Secretary 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Donald W Owens director, 10 percent owner 42309 WINCHESTER ROAD, SUITE E, TEMECULA CA 92590
William E Parker director 3220 ALABAMA AVENUE SE, WASHINGTON DC 20020
Thomas Gelfand director, 10 percent owner, officer: PRES, CEO, TRES, CFO, SECR 5050 KINGSWAY,, BURNABY, BC A1 V5H 4H2

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