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CTGX Mining (CTGX Mining) Gross Margin % : 31.40% (As of Jan. 2005)


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What is CTGX Mining Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CTGX Mining's Gross Profit for the three months ended in Jan. 2005 was $0.03 Mil. CTGX Mining's Revenue for the three months ended in Jan. 2005 was $0.09 Mil. Therefore, CTGX Mining's Gross Margin % for the quarter that ended in Jan. 2005 was 31.40%.


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


CHCX's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.17
* Ranked among companies with meaningful Gross Margin % only.

CTGX Mining had a gross margin of 31.40% for the quarter that ended in Jan. 2005 => Competition eroding margins

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


CTGX Mining Gross Margin % Historical Data

The historical data trend for CTGX 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.

* Premium members only.

CTGX Mining Gross Margin % Chart

CTGX Mining Annual Data
Trend Mar03
Gross Margin %
-

CTGX Mining Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jul04 Oct04 Jan05
Gross Margin % Get a 7-Day Free Trial - - 49.73 68.45 31.40

Competitive Comparison of CTGX Mining's Gross Margin %

For the Other Industrial Metals & Mining subindustry, CTGX 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.


CTGX Mining's Gross Margin % Distribution in the Metals & Mining Industry

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

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



CTGX Mining Gross Margin % Calculation

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

CTGX Mining's Gross Margin for the fiscal year that ended in Mar. 2003 is calculated as

Gross Margin % (A: Mar. 2003 )=Gross Profit (A: Mar. 2003 ) / Revenue (A: Mar. 2003 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

CTGX Mining's Gross Margin for the quarter that ended in Jan. 2005 is calculated as


Gross Margin % (Q: Jan. 2005 )=Gross Profit (Q: Jan. 2005 ) / Revenue (Q: Jan. 2005 )
=0 / 0.086
=(Revenue - Cost of Goods Sold) / Revenue
=(0.086 - 0.059) / 0.086
=31.40 %

* 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.


CTGX Mining  (OTCPK:CHCX) 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

CTGX Mining had a gross margin of 31.40% for the quarter that ended in Jan. 2005 => Competition eroding margins


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.


CTGX Mining Gross Margin % Related Terms

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CTGX Mining (CTGX Mining) Business Description

Traded in Other Exchanges
N/A
Address
1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034
CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.
Executives
Matthew Cohen director, officer: CEO and Chairman of the Board 1702 COSTA DEL SOL, BOCA RATON FL 33432

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