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CanBancome (CanBancome) Gross Margin % : 0.00% (As of Jun. 2015)


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What is CanBancome Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CanBancome's Gross Profit for the six months ended in Jun. 2015 was $-4.13 Mil. CanBancome's Revenue for the six months ended in Jun. 2015 was $-4.13 Mil. Therefore, CanBancome's Gross Margin % for the quarter that ended in Jun. 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 CanBancome's Gross Margin % or its related term are showing as below:

CKNBF' s Gross Margin % Range Over the Past 10 Years
Min: 100   Med: 100   Max: 100
Current: 100


During the past 5 years, the highest Gross Margin % of CanBancome was 100.00%. The lowest was 100.00%. And the median was 100.00%.

CKNBF's Gross Margin % is not ranked
in the Asset Management industry.
Industry Median: 51.905 vs CKNBF: 100.00

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

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


CanBancome Gross Margin % Historical Data

The historical data trend for CanBancome'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.

CanBancome Gross Margin % Chart

CanBancome Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Gross Margin %
- - - - -

CanBancome Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of CanBancome's Gross Margin %

For the Asset Management subindustry, CanBancome'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.


CanBancome's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CanBancome's Gross Margin % distribution charts can be found below:

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



CanBancome 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.)

CanBancome's Gross Margin for the fiscal year that ended in Dec. 2014 is calculated as

Gross Margin % (A: Dec. 2014 )=Gross Profit (A: Dec. 2014 ) / Revenue (A: Dec. 2014 )
=16.9 / 16.85
=(Revenue - Cost of Goods Sold) / Revenue
=(16.85 - 0) / 16.85
=N/A %

CanBancome's Gross Margin for the quarter that ended in Jun. 2015 is calculated as


Gross Margin % (Q: Jun. 2015 )=Gross Profit (Q: Jun. 2015 ) / Revenue (Q: Jun. 2015 )
=-4.1 / -4.132
=(Revenue - Cost of Goods Sold) / Revenue
=(-4.132 - 0) / -4.132
=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.


CanBancome  (OTCPK:CKNBF) 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

CanBancome had a gross margin of N/A% for the quarter that ended in Jun. 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.


CanBancome Gross Margin % Related Terms

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CanBancome (CanBancome) Business Description

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