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Alset Capital Acquisition (Alset Capital Acquisition) Gross Margin % : 0.00% (As of Aug. 2023)


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What is Alset Capital Acquisition Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alset Capital Acquisition's Gross Profit for the three months ended in Aug. 2023 was $0.00 Mil. Alset Capital Acquisition's Revenue for the three months ended in Aug. 2023 was $0.00 Mil. Therefore, Alset Capital Acquisition's Gross Margin % for the quarter that ended in Aug. 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 Alset Capital Acquisition's Gross Margin % or its related term are showing as below:


ACAXU's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 43.01
* Ranked among companies with meaningful Gross Margin % only.

Alset Capital Acquisition had a gross margin of N/A% for the quarter that ended in Aug. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Alset Capital Acquisition was 0.00% per year.


Alset Capital Acquisition Gross Margin % Historical Data

The historical data trend for Alset Capital Acquisition'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.

Alset Capital Acquisition Gross Margin % Chart

Alset Capital Acquisition Annual Data
Trend Nov21 Nov22
Gross Margin %
- -

Alset Capital Acquisition Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
Gross Margin % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Alset Capital Acquisition's Gross Margin %

For the Shell Companies subindustry, Alset Capital Acquisition'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.


Alset Capital Acquisition's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alset Capital Acquisition's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Alset Capital Acquisition's Gross Margin % falls into.



Alset Capital Acquisition 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.)

Alset Capital Acquisition's Gross Margin for the fiscal year that ended in Nov. 2022 is calculated as

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

Alset Capital Acquisition's Gross Margin for the quarter that ended in Aug. 2023 is calculated as


Gross Margin % (Q: Aug. 2023 )=Gross Profit (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=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.


Alset Capital Acquisition  (NAS:ACAXU) 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

Alset Capital Acquisition had a gross margin of N/A% for the quarter that ended in Aug. 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.


Alset Capital Acquisition Gross Margin % Related Terms

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Alset Capital Acquisition (Alset Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4800 Montgomery Lane, Suite 210, Bethesda, MD, USA, 20814
Alset Capital Acquisition Corp is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Yakira Capital Management, Inc. 10 percent owner 1555 POST ROAD EAST, SUITE 202, WESTPORT CT 06880
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Chan Heng Fai Ambrose director, 10 percent owner, officer: Chairman and CEO 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Wu William Wai Leung director C/O DOCUMENT SECURITY SYSTEMS, INC., 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14624
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Rongguo Wei officer: Chief Financial Officer 4800 MONTGOMERY LN #210, BETHESDA MD 20814
Alset Acquisition Sponsor, Llc 10 percent owner 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814