Sinovus Mining (ASX:SNV) Gross Margin %: 0.00% (As of Dec. 2015)


What is Sinovus Mining Gross Margin %?

Sinovus Mining ASX:SNV Gross Margin % is 0.00% as of Dec. 2015. The stock has 4 warning signs investors should review.

Gross Margin % is calculated as gross profit divided by its revenue. Sinovus Mining's Gross Profit for the six months ended in Dec. 2015 was A$0.00 Mil. Sinovus Mining's Revenue for the six months ended in Dec. 2015 was A$0.00 Mil. Therefore, Sinovus Mining's Gross Margin % for the quarter that ended in Dec. 2015 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 Sinovus Mining's Gross Margin % or its related term are showing as below:


ASX:SNV's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 26.175
* Ranked among companies with meaningful Gross Margin % only.

Sinovus Mining had a gross margin of N/A% for the quarter that ended in Dec. 2015 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sinovus Mining was 0.00% per year.

Sinovus Mining  (ASX:SNV) 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

Sinovus Mining had a gross margin of N/A% for the quarter that ended in Dec. 2015 => 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.

Sinovus Mining Gross Margin % Related Terms

Sinovus Mining Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sinovus Mining'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.

Sinovus Mining Gross Margin % Chart

Sinovus Mining Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sinovus Mining Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 0.00 0.00 0.00 0.00 0.00

Sinovus Mining Gross Margin % Competitor Comparison

For the Copper subindustry, Sinovus Mining'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.

Sinovus Mining Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sinovus Mining's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sinovus Mining's Gross Margin % falls into.


Sinovus Mining 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.)

Sinovus Mining's Gross Margin for the fiscal year that ended in Jun. 2016 is calculated as

Gross Margin % (A: Jun. 2016 )=Gross Profit (A: Jun. 2016 ) / Revenue (A: Jun. 2016 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Sinovus Mining's Gross Margin for the quarter that ended in Dec. 2015 is calculated as


Gross Margin % (Q: Dec. 2015 )=Gross Profit (Q: Dec. 2015 ) / Revenue (Q: Dec. 2015 )
=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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Sinovus Mining (ASX:SNV) has a Gross Margin % of 0.00% as of Dec. 2015. Gross margin is the ratio of total gross profit to net sales. View historical data on Sinovus Mining and its competitors.
Is Sinovus Mining's Gross Margin % too high?
Sinovus Mining's current Gross Margin % is 0.00%.
How does Sinovus Mining's Gross Margin % compare to competitors?
Sinovus Mining's Gross Margin % of 0.00% can be compared against companies in the Metals & Mining industry. The industry median Gross Margin % is 26.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.18, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Sinovus Mining and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinovus Mining's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinovus Mining stock overvalued right now?
Sinovus Mining (ASX:SNV) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Sinovus Mining (ASX:SNV), the current Gross Margin % is 0.00% as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sinovus Mining Business Description

Address 32 Martin Place, Level 10, Sydney, NSW, AUS, 2000
Sinovus Mining Ltd is a mineral resource company. It engaged in developing its gold assets in the Heilongjiang region of north-eastern China. The Company's main projects include: Xiangguang Silver Project, Laogouxi Gold Project, YangShan Coal Mine and Paltar Petroleum Limited.