The historical rank and industry rank for SAI.TECH Global's Gross Margin % or its related term are showing as below:
SAI'
s Gross Margin % Range Over the Past 10 Years
Min: 6.74 Med: 9.07 Max: 46.09
Current: 6.74
During the past 5 years, the highestGross Margin % of SAI.TECH Global was 46.09%. The lowest was 6.74%. And the median was 9.07%.
SAI's Gross Margin % is ranked worse than 81.82% of 605
companies
in the Capital Markets industry
Industry Median: 48.91
vs SAI: 6.74
SAI.TECH Global had a gross margin of 7.41% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for SAI.TECH Global was 0.00% per year.
SAI.TECH Global Gross Margin % Historical Data
The historical data trend for SAI.TECH Global'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.
Competitive Comparison of SAI.TECH Global's Gross Margin %
For the Capital Markets subindustry, SAI.TECH Global'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.
SAI.TECH Global's Gross Margin % Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, SAI.TECH Global's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SAI.TECH Global's Gross Margin % falls into.
* 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.
SAI.TECH Global (NAS:SAI) 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
SAI.TECH Global had a gross margin of 7.41% 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.
SAI.TECH Global Gross Margin % Related Terms
Thank you for viewing the detailed overview of SAI.TECH Global's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
SAI.TECH Global (SAI.TECH Global) Business Description
SAI.TECH Global Corp is an energy saving mining operator that engages in the hosting of bitcoin mining machines for its clients. It uses a proprietary liquid cooling and heat exchange technology towards mining machines that enables utilization of waste heat to provide recycled energy heating for potential customers while achieving lower mining operating costs. The Company has two reportable segments namely equipment sales & hosting and mining pool business.
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