The historical rank and industry rank for Hot Chili's Gross Margin % or its related term are showing as below:
ASX:HCH's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.14 * Ranked among companies with meaningful Gross Margin % only.
Hot Chili had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Hot Chili was 0.00% per year.
Hot Chili Gross Margin % Historical Data
The historical data trend for Hot Chili'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 Hot Chili's Gross Margin %
For the Copper subindustry, Hot Chili'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.
Hot Chili's Gross Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hot Chili's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hot Chili'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.
Hot Chili (ASX:HCH) 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
Hot Chili had a gross margin of N/A% 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.
Hot Chili Gross Margin % Related Terms
Thank you for viewing the detailed overview of Hot Chili's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hot Chili Ltd is a mineral exploration company with assets in Chile. It aims to build shareholder value through the growth and development of its high-quality Costa Fuego copper-gold project located in a low elevation, accessible region of northern Chile. With substantial mineral resources and an active drill program testing new targets, Hot Chili provides substantial leverage to the copper price due to the size, quality and location of its resource base. Costa Fuego has an indicated resource of 2.8Mt Cu, 2.6Moz Au and 67kt of Mo (in 725Mt) and inferred resource of 0.6 Mt Cu, 1.2 Moz Au and 13kt Mo (in 202Mt).
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:HCH has been successfully added to your 