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Cheetah Net Supply Chain Service (Cheetah Net Supply Chain Service) Gross Margin % : 11.71% (As of Dec. 2023)


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What is Cheetah Net Supply Chain Service Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cheetah Net Supply Chain Service's Gross Profit for the three months ended in Dec. 2023 was $0.68 Mil. Cheetah Net Supply Chain Service's Revenue for the three months ended in Dec. 2023 was $5.84 Mil. Therefore, Cheetah Net Supply Chain Service's Gross Margin % for the quarter that ended in Dec. 2023 was 11.71%.


The historical rank and industry rank for Cheetah Net Supply Chain Service's Gross Margin % or its related term are showing as below:

CTNT' s Gross Margin % Range Over the Past 10 Years
Min: 7.65   Med: 8.1   Max: 11.08
Current: 11.08


During the past 3 years, the highest Gross Margin % of Cheetah Net Supply Chain Service was 11.08%. The lowest was 7.65%. And the median was 8.10%.

CTNT's Gross Margin % is ranked worse than
80.47% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 19.535 vs CTNT: 11.08

Cheetah Net Supply Chain Service had a gross margin of 11.71% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cheetah Net Supply Chain Service was 0.00% per year.


Cheetah Net Supply Chain Service Gross Margin % Historical Data

The historical data trend for Cheetah Net Supply Chain Service'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.

Cheetah Net Supply Chain Service Gross Margin % Chart

Cheetah Net Supply Chain Service Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
7.65 8.10 11.08

Cheetah Net Supply Chain Service Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 11.95 11.19 10.24 11.63 11.71

Competitive Comparison of Cheetah Net Supply Chain Service's Gross Margin %

For the Auto & Truck Dealerships subindustry, Cheetah Net Supply Chain Service'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.


Cheetah Net Supply Chain Service's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cheetah Net Supply Chain Service's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cheetah Net Supply Chain Service's Gross Margin % falls into.



Cheetah Net Supply Chain Service Gross Margin % Calculation

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

Cheetah Net Supply Chain Service's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=4.2 / 38.316
=(Revenue - Cost of Goods Sold) / Revenue
=(38.316 - 34.069) / 38.316
=11.08 %

Cheetah Net Supply Chain Service's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.7 / 5.84
=(Revenue - Cost of Goods Sold) / Revenue
=(5.84 - 5.156) / 5.84
=11.71 %

* 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.


Cheetah Net Supply Chain Service  (NAS:CTNT) 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

Cheetah Net Supply Chain Service had a gross margin of 11.71% for the quarter that ended in Dec. 2023 => 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.


Cheetah Net Supply Chain Service Gross Margin % Related Terms

Thank you for viewing the detailed overview of Cheetah Net Supply Chain Service's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cheetah Net Supply Chain Service (Cheetah Net Supply Chain Service) Business Description

Traded in Other Exchanges
N/A
Address
6201 Fairview Road, Suite 225, Charlotte, NC, USA, 28210
Website
Cheetah Net Supply Chain Service Inc is a supplier of parallel-import vehicles sourced in the U.S. to be sold in the China market. The parallel-import vehicles refer to those purchased by dealers directly from overseas markets and imported for sale through channels other than brand manufacturers' official distribution systems. The company purchases automobiles, primarily luxury brands such as Mercedes, BMW, Porsche, Lexus, and Bentley, from the U.S. market and resell them to customers, including both U.S. and PRC parallel-import car dealers. It derive profits primarily from the price difference between our buying and selling prices for parallel-import vehicles.
Executives
Catherine Chen director ONE MILE WEST OF GUANRI, HULI DISTRICT, XIAMEN F4 361000
Huoyuan Chen 10 percent owner QUNZHONGXINCUN VILLAGE, TAIJIANG DIST., 207 BLOCK 5, FUZHOU F4 350000
Adam Eilenberg director 335 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10017
Walter Penn Folker officer: Vice President of Procurement 7353 BEDFORDSHIRE DRIVE, CHARLOTTE NC 28226
Xianggeng Huang director, 10 percent owner 12-8, A2#BLDG, WANDA PLAZA II, NO.8 AOJIANG RD., AOFENG ST., TAIJIANG, FUZHOU F4 350000
Xiaolin Tang 10 percent owner RM 401, BLDG 25, MOON BAY GARDEN, DONGSHAN ST., JIANGNING DIST., NANJING F4 211100
Yan Xiao 10 percent owner LANGYUAN 2-3001, XINGHEWAN COMM., SIJI XINGHE MID ST., CHAOYANG N. RD., BEIJING F4 100000
Ying-chang Yuan 10 percent owner 4752 MOUNT ROYAL LN, CHARLOTTE NC 28210
Vladimir Gavrilovic director 70 ELM STREET, APT 1, NORTH ARLINGTON NJ 07031
Huan Liu director, 10 percent owner, officer: See Remarks 6201 FAIRVIEW RD, STE 225, CHARLOTTE NC 28210