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DTSS (Datasea) Gross Margin % : 0.93% (As of Sep. 2024)


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What is Datasea Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Datasea's Gross Profit for the three months ended in Sep. 2024 was $0.20 Mil. Datasea's Revenue for the three months ended in Sep. 2024 was $21.08 Mil. Therefore, Datasea's Gross Margin % for the quarter that ended in Sep. 2024 was 0.93%.


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

DTSS' s Gross Margin % Range Over the Past 10 Years
Min: 1.56   Med: 39.01   Max: 89.61
Current: 1.56


During the past 9 years, the highest Gross Margin % of Datasea was 89.61%. The lowest was 1.56%. And the median was 39.01%.

DTSS's Gross Margin % is ranked worse than
96.33% of 2618 companies
in the Software industry
Industry Median: 41.435 vs DTSS: 1.56

Datasea had a gross margin of 0.93% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


Datasea Gross Margin % Historical Data

The historical data trend for Datasea'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.

Datasea Gross Margin % Chart

Datasea Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 89.61 53.71 5.60 3.71 1.98

Datasea Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.09 0.90 0.72 6.58 0.93

Competitive Comparison of Datasea's Gross Margin %

For the Software - Infrastructure subindustry, Datasea'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.


Datasea's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Datasea's Gross Margin % distribution charts can be found below:

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



Datasea Gross Margin % Calculation

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

Datasea's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=0.5 / 23.976
=(Revenue - Cost of Goods Sold) / Revenue
=(23.976 - 23.502) / 23.976
=1.98 %

Datasea's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.2 / 21.081
=(Revenue - Cost of Goods Sold) / Revenue
=(21.081 - 20.884) / 21.081
=0.93 %

* 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.


Datasea  (NAS:DTSS) 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

Datasea had a gross margin of 0.93% for the quarter that ended in Sep. 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.


Datasea Gross Margin % Related Terms

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


Datasea Business Description

Traded in Other Exchanges
N/A
Address
1 Ronghua South Road, 20th Floor, Tower B, Guorui Plaza, Technological Development Zone, Beijing, CHN, 100176
Datasea Inc is a technology company. Its offers provides acoustic business services (focusing on high-tech acoustic technologies and applications such as ultrasound, infrasound, and Schumann resonance), 5G application services (5G AI multimodal digital business), and other products and services to various corporate and individual customers. The business activity of the group functions through China.
Executives
Yan Yang director RM 112, DRAGON COURT, 100 WATERLOO ROAD, KOWLOON K3 NONE
Chunqi Jiao officer: CTO 130 CHIANGJIANG ROAD, NANGANG DISTRICT, HARBIN F4 150090
Fu Liu director, 10 percent owner 1 XINGHUO RD, CHANGNING BUILDING, STE 21BC1, FENGTAI DISTRICT, BEIJING F4 100070
Zhixin Liu director, 10 percent owner, officer: CEO 1 XINGHUO RD, CHANGNING BUILDING, STE, 21BC1, FENGTAI DISTRICT, BEIJING F4 100070
Chun Kwok Wong director 1 XINGHUO RD CHANGNING BLDG, 11TH FLOOR FENGTAI DISTRICT, BEIJING F4 100070
Mingzhou Sun officer: Chief Financial Officer 20TH FLOOR, TOWER B, GUORUI PLAZA, 1 RONGHUA S. RD, TECHNOLOGICAL DEVT ZONE, BEIJING F4 100176
Michael J. Antonoplos director 345 STRATHMORE DRIVE, BRYN MAWR PA 19010-1262
Ling Wang director 1 XINGHUO RD CHANGNING BLDG, 11TH FLOOR FENGTAI DISTRICT, BEIJING F4 100070
Tongjun Si director 1 XINGHUO RD CHANGNING BLDG, 11TH FLOOR FENGTAI DISTRICT, BEIJING F4 100070
Jijin Zhang officer: Chief Financial Officer 1 XINGHUO RD. CHANGNING BUILDING, 11TH FLOOR FENGTAI DISTRICT, BEIJING F4 100070