GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Broad Capital Acquisition Corp (NAS:BRAC) » Definitions » Gross Margin %

Broad Capital Acquisition (Broad Capital Acquisition) Gross Margin % : 0.00% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Broad Capital Acquisition Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Broad Capital Acquisition's Gross Profit for the three months ended in Mar. 2024 was $0.00 Mil. Broad Capital Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Broad Capital Acquisition's Gross Margin % for the quarter that ended in Mar. 2024 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 Broad Capital Acquisition's Gross Margin % or its related term are showing as below:


BRAC's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 41.12
* Ranked among companies with meaningful Gross Margin % only.

Broad Capital Acquisition had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Broad Capital Acquisition Gross Margin % Historical Data

The historical data trend for Broad 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.

Broad Capital Acquisition Gross Margin % Chart

Broad Capital Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
- - -

Broad Capital Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Broad Capital Acquisition's Gross Margin %

For the Shell Companies subindustry, Broad 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.


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

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

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



Broad 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.)

Broad Capital Acquisition's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Broad Capital Acquisition's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=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.


Broad Capital Acquisition  (NAS:BRAC) 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

Broad Capital Acquisition had a gross margin of N/A% for the quarter that ended in Mar. 2024 => 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.


Broad Capital Acquisition Gross Margin % Related Terms

Thank you for viewing the detailed overview of Broad Capital Acquisition's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Broad Capital Acquisition (Broad Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
5345 Annabel Lane, Plano, TX, USA, 75093
Website
Broad Capital Acquisition Corp is a blank check company.
Executives
Shaolin Capital Management Llc 10 percent owner 230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Teck-yong Heng director NANSHAN DISTRICT #12 KEFA ROAD, DACHONG, CHENGSHIHUAYUAN BLOCK 5, UNIT #38D, GUANGDONG PROVINCE, SHENZHEN F4 518057
Johann Y Tse director, officer: Chief Executive Officer 5345 ANNABEL LANE, PLANO TX 75093
Rongrong Jiang director, officer: Chief Financial Officer 235 TENAFLY RD, TENAFLY NJ 07670
Trimmer Jeffrey Wayne Sr director 7601 JOHN MCCAIN ROAD, COLLEYVILLE TX 76034
Keith Ryan Adams director 235 TENAFLY RD, TENAFLY NJ 07670
Nicolas Shao director 6 CHAOYANG PARK SOUTH, PARK AVE. APTS., BLD. #3-11F, BEIJING F4 00000
Broad Capital Llc 10 percent owner 5345 ANNABEL LANE, PLANO TX 75093

Broad Capital Acquisition (Broad Capital Acquisition) Headlines

From GuruFocus