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HK Battery Technology (HK Battery Technology) Gross Margin % : 0.00% (As of Mar. 2016)


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What is HK Battery Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. HK Battery Technology's Gross Profit for the three months ended in Mar. 2016 was $0.00 Mil. HK Battery Technology's Revenue for the three months ended in Mar. 2016 was $0.00 Mil. Therefore, HK Battery Technology's Gross Margin % for the quarter that ended in Mar. 2016 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 HK Battery Technology's Gross Margin % or its related term are showing as below:


HKBT's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 45.05
* Ranked among companies with meaningful Gross Margin % only.

HK Battery Technology had a gross margin of N/A% for the quarter that ended in Mar. 2016 => No sustainable competitive advantage

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


HK Battery Technology Gross Margin % Historical Data

The historical data trend for HK Battery 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.

* Premium members only.

HK Battery Technology Gross Margin % Chart

HK Battery Technology Annual Data
Trend Dec06 Dec07 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Gross Margin %
Get a 7-Day Free Trial Premium Member Only - - - - 11.07

HK Battery Technology Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 - - - 11.07 -

Competitive Comparison of HK Battery Technology's Gross Margin %

For the Shell Companies subindustry, HK Battery 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.


HK Battery Technology's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, HK Battery Technology's Gross Margin % distribution charts can be found below:

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



HK Battery 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.)

HK Battery Technology's Gross Margin for the fiscal year that ended in Dec. 2015 is calculated as

Gross Margin % (A: Dec. 2015 )=Gross Profit (A: Dec. 2015 ) / Revenue (A: Dec. 2015 )
=0 / 0.28
=(Revenue - Cost of Goods Sold) / Revenue
=(0.28 - 0.249) / 0.28
=11.07 %

HK Battery Technology's Gross Margin for the quarter that ended in Mar. 2016 is calculated as


Gross Margin % (Q: Mar. 2016 )=Gross Profit (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=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.


HK Battery Technology  (OTCPK:HKBT) 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

HK Battery Technology had a gross margin of N/A% for the quarter that ended in Mar. 2016 => 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.


HK Battery Technology Gross Margin % Related Terms

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HK Battery Technology (HK Battery Technology) Business Description

Traded in Other Exchanges
N/A
Address
800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101
Website
HK Battery Technology Inc is a development stage company.
Executives
John N Braca director C/O SENESCO TECHNOLOGIES INC, 303 GEORGE ST STE 420, NEW BRUNSWICK NJ 08901
David Rector director, officer: CEO, President, Sec. & Treasur
David C. Mathewson director, 10 percent owner, officer: President 1265 MESA DRIVE, FERNLEY NV 89408

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