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Dh Enchantment (Dh Enchantment) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Dh Enchantment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dh Enchantment's Gross Profit for the three months ended in Dec. 2023 was $0.00 Mil. Dh Enchantment's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Dh Enchantment's Gross Margin % for the quarter that ended in Dec. 2023 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 Dh Enchantment's Gross Margin % or its related term are showing as below:

ENMI' s Gross Margin % Range Over the Past 10 Years
Min: 19.85   Med: 21.7   Max: 150
Current: 150


During the past 3 years, the highest Gross Margin % of Dh Enchantment was 150.00%. The lowest was 19.85%. And the median was 21.70%.

ENMI's Gross Margin % is ranked better than
98.96% of 96 companies
in the Medical Distribution industry
Industry Median: 16.22 vs ENMI: 150.00

Dh Enchantment had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Dh Enchantment Gross Margin % Historical Data

The historical data trend for Dh Enchantment'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.

Dh Enchantment Gross Margin % Chart

Dh Enchantment Annual Data
Trend Mar21 Mar22 Mar23
Gross Margin %
21.70 19.85 53.33

Dh Enchantment Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.29 300.00 - - -

Competitive Comparison of Dh Enchantment's Gross Margin %

For the Medical Distribution subindustry, Dh Enchantment'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.


Dh Enchantment's Gross Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Dh Enchantment's Gross Margin % distribution charts can be found below:

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



Dh Enchantment 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.)

Dh Enchantment's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=0 / 0.015
=(Revenue - Cost of Goods Sold) / Revenue
=(0.015 - 0.007) / 0.015
=53.33 %

Dh Enchantment'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 / 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.


Dh Enchantment  (OTCPK:ENMI) 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

Dh Enchantment had a gross margin of N/A% 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.


Dh Enchantment Gross Margin % Related Terms

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Dh Enchantment (Dh Enchantment) Business Description

Traded in Other Exchanges
N/A
Address
316-318 Kwun Tong Road, Unit A, 13th Floor, Gee Luen Factory Building, Kowloon, Hong Kong, HKG
Dh Enchantment Inc is engaged in the sale and distribution of COVID-19 rapid antigen tester sets.
Executives
Lo Kin Yi Sally director, 10 percent owner, officer: CEO, CFO and Secretary G/F, 49A CHEUNG PO TSUEN, PAT HEUNG, YUEN LONG K3 00000
Daily Success Development Ltd 10 percent owner UNIT A, 13/F KWUN TOND ROAD, KOWLOON K3 00000

Dh Enchantment (Dh Enchantment) Headlines

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