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CAOHF (FDG Electric Vehicles) Gross Margin % : 6.73% (As of Sep. 2019)


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What is FDG Electric Vehicles Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FDG Electric Vehicles's Gross Profit for the six months ended in Sep. 2019 was $4.19 Mil. FDG Electric Vehicles's Revenue for the six months ended in Sep. 2019 was $62.17 Mil. Therefore, FDG Electric Vehicles's Gross Margin % for the quarter that ended in Sep. 2019 was 6.73%.


The historical rank and industry rank for FDG Electric Vehicles's Gross Margin % or its related term are showing as below:


CAOHF's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.79
* Ranked among companies with meaningful Gross Margin % only.

FDG Electric Vehicles had a gross margin of 6.73% for the quarter that ended in Sep. 2019 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FDG Electric Vehicles was 0.00% per year.


FDG Electric Vehicles Gross Margin % Historical Data

The historical data trend for FDG Electric Vehicles'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.

FDG Electric Vehicles Gross Margin % Chart

FDG Electric Vehicles Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.23 39.69 32.51 11.71 7.73

FDG Electric Vehicles Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19
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 Premium Member Only Premium Member Only 10.38 12.27 7.27 8.17 6.73

Competitive Comparison of FDG Electric Vehicles's Gross Margin %

For the Auto Parts subindustry, FDG Electric Vehicles'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.


FDG Electric Vehicles's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FDG Electric Vehicles's Gross Margin % distribution charts can be found below:

* The bar in red indicates where FDG Electric Vehicles's Gross Margin % falls into.



FDG Electric Vehicles Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

FDG Electric Vehicles's Gross Margin for the fiscal year that ended in Mar. 2019 is calculated as

Gross Margin % (A: Mar. 2019 )=Gross Profit (A: Mar. 2019 ) / Revenue (A: Mar. 2019 )
=3.4 / 44.031
=(Revenue - Cost of Goods Sold) / Revenue
=(44.031 - 40.629) / 44.031
=7.73 %

FDG Electric Vehicles's Gross Margin for the quarter that ended in Sep. 2019 is calculated as


Gross Margin % (Q: Sep. 2019 )=Gross Profit (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=4.2 / 62.172
=(Revenue - Cost of Goods Sold) / Revenue
=(62.172 - 57.986) / 62.172
=6.73 %

* 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.


FDG Electric Vehicles  (OTCPK:CAOHF) 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

FDG Electric Vehicles had a gross margin of 6.73% for the quarter that ended in Sep. 2019 => 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.


FDG Electric Vehicles Gross Margin % Related Terms

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FDG Electric Vehicles Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG
FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.

FDG Electric Vehicles Headlines

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