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Grupul Industrial Electrocontact (BSE:ECT) Gross Margin % : 0.00% (As of Jun. 2023)


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What is Grupul Industrial Electrocontact Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grupul Industrial Electrocontact's Gross Profit for the six months ended in Jun. 2023 was lei0.21 Mil. Grupul Industrial Electrocontact's Revenue for the six months ended in Jun. 2023 was lei0.21 Mil. Therefore, Grupul Industrial Electrocontact's Gross Margin % for the quarter that ended in Jun. 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 Grupul Industrial Electrocontact's Gross Margin % or its related term are showing as below:

BSE:ECT' s Gross Margin % Range Over the Past 10 Years
Min: 67.15   Med: 86   Max: 99.84
Current: 99.84


During the past 13 years, the highest Gross Margin % of Grupul Industrial Electrocontact was 99.84%. The lowest was 67.15%. And the median was 86.00%.

BSE:ECT's Gross Margin % is ranked better than
99.73% of 2942 companies
in the Industrial Products industry
Industry Median: 26.47 vs BSE:ECT: 99.84

Grupul Industrial Electrocontact had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grupul Industrial Electrocontact was 0.00% per year.


Grupul Industrial Electrocontact Gross Margin % Historical Data

The historical data trend for Grupul Industrial Electrocontact'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.

Grupul Industrial Electrocontact Gross Margin % Chart

Grupul Industrial Electrocontact Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.36 97.72 93.17 99.82 -

Grupul Industrial Electrocontact Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - 99.75 -

Competitive Comparison of Grupul Industrial Electrocontact's Gross Margin %

For the Specialty Industrial Machinery subindustry, Grupul Industrial Electrocontact'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.


Grupul Industrial Electrocontact's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grupul Industrial Electrocontact's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grupul Industrial Electrocontact's Gross Margin % falls into.



Grupul Industrial Electrocontact 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.)

Grupul Industrial Electrocontact's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=0.6 / 0.564
=(Revenue - Cost of Goods Sold) / Revenue
=(0.564 - 0) / 0.564
=N/A %

Grupul Industrial Electrocontact'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 )
=0.2 / 0.205
=(Revenue - Cost of Goods Sold) / Revenue
=(0.205 - 0) / 0.205
=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.


Grupul Industrial Electrocontact  (BSE:ECT) 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

Grupul Industrial Electrocontact had a gross margin of N/A% for the quarter that ended in Jun. 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.


Grupul Industrial Electrocontact Gross Margin % Related Terms

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Grupul Industrial Electrocontact (BSE:ECT) Business Description

Traded in Other Exchanges
N/A
Address
Calea Nationala nr. 6, Botosani, ROU, 710010
Grupul Industrial Electrocontact S.A. provides solutions for equipment related to control and distribution for home and industrial use. Some of its products are electric explosion-proof equipment, proximity inductive & optoelectronic switches & junction.

Grupul Industrial Electrocontact (BSE:ECT) Headlines

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