GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MicroCloud Hologram Inc (NAS:HOLO) » Definitions » Gross Margin %

MicroCloud Hologram (MicroCloud Hologram) Gross Margin % : 44.12% (As of Jun. 2023)


View and export this data going back to 2022. Start your Free Trial

What is MicroCloud Hologram Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MicroCloud Hologram's Gross Profit for the three months ended in Jun. 2023 was $3.24 Mil. MicroCloud Hologram's Revenue for the three months ended in Jun. 2023 was $7.35 Mil. Therefore, MicroCloud Hologram's Gross Margin % for the quarter that ended in Jun. 2023 was 44.12%.


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

HOLO' s Gross Margin % Range Over the Past 10 Years
Min: 36.48   Med: 61.87   Max: 97.4
Current: 44.23


During the past 5 years, the highest Gross Margin % of MicroCloud Hologram was 97.40%. The lowest was 36.48%. And the median was 61.87%.

HOLO's Gross Margin % is ranked better than
83.07% of 2439 companies
in the Hardware industry
Industry Median: 24.37 vs HOLO: 44.23

MicroCloud Hologram had a gross margin of 44.12% for the quarter that ended in Jun. 2023 => Durable competitive advantage

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


MicroCloud Hologram Gross Margin % Historical Data

The historical data trend for MicroCloud Hologram'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.

MicroCloud Hologram Gross Margin % Chart

MicroCloud Hologram Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
97.40 61.87 69.71 45.76 36.48

MicroCloud Hologram Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 38.86 48.12 59.05 44.12 -

Competitive Comparison of MicroCloud Hologram's Gross Margin %

For the Electronic Components subindustry, MicroCloud Hologram'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.


MicroCloud Hologram's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MicroCloud Hologram's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MicroCloud Hologram's Gross Margin % falls into.



MicroCloud Hologram Gross Margin % Calculation

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

MicroCloud Hologram'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 )
=10.4 / 28.507
=(Revenue - Cost of Goods Sold) / Revenue
=(28.507 - 18.108) / 28.507
=36.48 %

MicroCloud Hologram's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=3.2 / 7.35
=(Revenue - Cost of Goods Sold) / Revenue
=(7.35 - 4.107) / 7.35
=44.12 %

* 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.


MicroCloud Hologram  (NAS:HOLO) 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

MicroCloud Hologram had a gross margin of 44.12% for the quarter that ended in Jun. 2023 => Durable 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.


MicroCloud Hologram Gross Margin % Related Terms

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


MicroCloud Hologram (MicroCloud Hologram) Business Description

Traded in Other Exchanges
N/A
Address
Yuexing Sixth Road, Zhongkenaneng Building, Room 302, Building A, Nanshan District, Shenzhen, CHN, 518000
Website
MicroCloud Hologram Inc, through its subsidiaries, is mainly engaged in holographic Technology. It includes Holographic solutions, Holographic technology services. The company also provides holographic digital twin technology services for customers and has built a holographic digital twin technology resource library.
Executives
Belief Bi director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Maggie Wang director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Guohui Kang director, officer: CEO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Wei Peng director, 10 percent owner ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Tiger Initiative Investment Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Bei Zhen officer: CFO GOVERNORS SQUARE, SUITE #5-204, ,23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Mi Zhou director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Best Road Holdings Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Han Qin director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Jianbo Zhou officer: CTO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Guolong Qi officer: COO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Greenland Asset Management Corp 10 percent owner WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Xu Zhang director 100 PARK AVENUE, NEW YORK NY 10017
Hai Lin director 100 PARK AVENUE, NEW YORK NY 10017
Shaosen Cheng director, officer: Chief Executive Officer 100 PARK AVENUE, NEW YORK NY 10017