GLCC (Good Life China) Gross Margin %: 0.00% (As of . 20)


What is Good Life China Gross Margin %?

Good Life China GLCC Gross Margin % is 0.00% as of . 20.

Gross Margin % is calculated as gross profit divided by its revenue. Good Life China's Gross Profit for the three months ended in . 20 was $0.00 Mil. Good Life China's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, Good Life China's Gross Margin % for the quarter that ended in . 20 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 Good Life China's Gross Margin % or its related term are showing as below:


GLCC's Gross Margin % is not ranked *
in the Retail - Defensive industry.
Industry Median: 24.14
* Ranked among companies with meaningful Gross Margin % only.

Good Life China had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

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


Good Life China  (OTCPK:GLCC) 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

Good Life China had a gross margin of N/A% for the quarter that ended in . 20 => 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.


Good Life China Gross Margin % Related Terms


Good Life China Gross Margin % Historical Data

* Premium members only.

The historical data trend for Good Life China'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.

Good Life China Gross Margin % Chart

Good Life China Annual Data
Trend
Gross Margin %

Good Life China Quarterly Data
Gross Margin %

GLCC vs GBBT, BWMG, SCRH: Gross Margin % Comparison

For the Food Distribution subindustry, Good Life China'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.


Good Life China Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Good Life China's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Good Life China's Gross Margin % falls into.



Good Life China 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.)

Good Life China's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

Good Life China's Gross Margin for the quarter that ended in . 20 is calculated as


Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=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?
Good Life China (GLCC) has a Gross Margin % of 0.00% as of . 20. Gross margin is the ratio of total gross profit to net sales. View historical data on Good Life China and its competitors.
Is Good Life China's Gross Margin % too high?
Good Life China's current Gross Margin % is 0.00%.
How does Good Life China's Gross Margin % compare to GBBT and BWMG?
Good Life China's Gross Margin % of 0.00% can be compared against companies in the Retail - Defensive industry. The industry median Gross Margin % is 24.14. 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.14, based on 305 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 Good Life China and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Life China'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 Good Life China stock overvalued right now?
Good Life China (GLCC) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. 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 Good Life China (GLCC), the current Gross Margin % is 0.00% as of . 20. 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.

Good Life China Business Description

Address Guancheng Junda Business Center, Dongcheng District, Dongguan, CHN, 100085
Good Life China Corp operates as a one-stop integrated model of modern large-scale food production, and marketing company.