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Chemistree Technology (Chemistree Technology) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Chemistree Technology Gross Margin %?

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


During the past 13 years, the highest Gross Margin % of Chemistree Technology was 25.47%. The lowest was 22.01%. And the median was 23.74%.

CHMJF's Gross Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 47
* Ranked among companies with meaningful Gross Margin % only.

Chemistree Technology 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 Chemistree Technology was 0.00% per year.


Chemistree Technology Gross Margin % Historical Data

The historical data trend for Chemistree Technology'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.

Chemistree Technology Gross Margin % Chart

Chemistree Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.18 25.21 - - -

Chemistree Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Chemistree Technology's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Chemistree Technology'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.


Chemistree Technology's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chemistree Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Chemistree Technology's Gross Margin % falls into.



Chemistree Technology 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.)

Chemistree Technology's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

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

Chemistree Technology'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.


Chemistree Technology  (OTCPK:CHMJF) 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

Chemistree Technology 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.


Chemistree Technology Gross Margin % Related Terms

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Chemistree Technology (Chemistree Technology) Business Description

Traded in Other Exchanges
Address
828 Harbourside Drive, Suite 208, North Vancouver, Vancouver, BC, CAN, V7N 4M2
Chemistree Technology Inc through its wholly-owned subsidiaries focused on making investments or acquisitions in areas relating to the United States cannabis sector, focusing on providing turn-key solutions for the United States-regulated cannabis industry. It generates revenue from the United States.

Chemistree Technology (Chemistree Technology) Headlines