CNTQW (Chardan NexTech Acquisition 2) Gross Margin %: 0.00% (As of Jun. 2022)


CNTQW Chardan NexTech Acquisition 2 Corp CNTQW
22 GF Score
Price $0.40
! 2 Warning Signs
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What is Chardan NexTech Acquisition 2 Gross Margin %?

Chardan NexTech Acquisition 2 CNTQW 22 Gross Margin % is 0.00% as of Jun. 2022. GuruFocus rates CNTQW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Gross Margin % is calculated as gross profit divided by its revenue. Chardan NexTech Acquisition 2's Gross Profit for the three months ended in Jun. 2022 was $0.00 Mil. Chardan NexTech Acquisition 2's Revenue for the three months ended in Jun. 2022 was $0.00 Mil. Therefore, Chardan NexTech Acquisition 2's Gross Margin % for the quarter that ended in Jun. 2022 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 Chardan NexTech Acquisition 2's Gross Margin % or its related term are showing as below:


CNTQW's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 42.14
* Ranked among companies with meaningful Gross Margin % only.

Chardan NexTech Acquisition 2 had a gross margin of N/A% for the quarter that ended in Jun. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chardan NexTech Acquisition 2 was 0.00% per year.


Chardan NexTech Acquisition 2  (NAS:CNTQW) 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

Chardan NexTech Acquisition 2 had a gross margin of N/A% for the quarter that ended in Jun. 2022 => 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.


Chardan NexTech Acquisition 2 Gross Margin % Related Terms


Chardan NexTech Acquisition 2 Gross Margin % Historical Data

* Premium members only.

The historical data trend for Chardan NexTech Acquisition 2'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.

Chardan NexTech Acquisition 2 Gross Margin % Chart

Chardan NexTech Acquisition 2 Annual Data
Trend Dec20 Dec21
Gross Margin %
0.00 0.00

Chardan NexTech Acquisition 2 Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Gross Margin % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CNTQW vs LION, EBAC, MEOA: Gross Margin % Comparison

For the Shell Companies subindustry, Chardan NexTech Acquisition 2'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.


Chardan NexTech Acquisition 2 Gross Margin % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chardan NexTech Acquisition 2's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Chardan NexTech Acquisition 2's Gross Margin % falls into.


CNTQW
22GF Score
Chardan NexTech Acquisition 2 Corp CNTQW
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chardan NexTech Acquisition 2 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.)

Chardan NexTech Acquisition 2's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Chardan NexTech Acquisition 2's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Chardan NexTech Acquisition 2 (CNTQW) has a Gross Margin % of 0.00% as of Jun. 2022. Gross margin is the ratio of total gross profit to net sales. View historical data on Chardan NexTech Acquisition 2 and its competitors.
Is Chardan NexTech Acquisition 2's Gross Margin % too high?
Chardan NexTech Acquisition 2's current Gross Margin % is 0.00%. Overall, Chardan NexTech Acquisition 2 has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Chardan NexTech Acquisition 2's Gross Margin % compare to LION and EBAC?
Chardan NexTech Acquisition 2's Gross Margin % of 0.00% can be compared against companies in the Diversified Financial Services industry. The industry median Gross Margin % is 42.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Diversified Financial Services company?
The median Gross Margin % among Diversified Financial Services companies is 42.14, based on 73 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Chardan NexTech Acquisition 2 and its competitors. For the Diversified Financial Services industry, the median Gross Margin % is 42.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chardan NexTech Acquisition 2's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chardan NexTech Acquisition 2 stock overvalued right now?
Chardan NexTech Acquisition 2 (CNTQW) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Chardan NexTech Acquisition 2's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Chardan NexTech Acquisition 2 (CNTQW), the current Gross Margin % is 0.00% as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Chardan NexTech Acquisition 2 Business Description

Address 17 State Street, 21st Floor, New York, NY, USA, 10004
Chardan NexTech Acquisition 2 Corp is a blank check company.
22GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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