Golden Sun Health Technology Group (Golden Sun Health Technology Group) Gross Margin % : 21.00% (As of Sep. 2023)

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What is Golden Sun Health Technology Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Golden Sun Health Technology Group's Gross Profit for the six months ended in Sep. 2023 was $0.55 Mil. Golden Sun Health Technology Group's Revenue for the six months ended in Sep. 2023 was $2.63 Mil. Therefore, Golden Sun Health Technology Group's Gross Margin % for the quarter that ended in Sep. 2023 was 21.00%.

The historical rank and industry rank for Golden Sun Health Technology Group's Gross Margin % or its related term are showing as below:

GSUN' s Gross Margin % Range Over the Past 10 Years
Min: 29.11 Med: 47.32 Max: 58.67
Current: 29.13

During the past 5 years, the highest Gross Margin % of Golden Sun Health Technology Group was 58.67%. The lowest was 29.11%. And the median was 47.32%.

GSUN's Gross Margin % is ranked worse than
80.89% of 246 companies
in the Education industry
Industry Median: 47.335 vs GSUN: 29.13

Golden Sun Health Technology Group had a gross margin of 21.00% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Golden Sun Health Technology Group was 0.00% per year.

Golden Sun Health Technology Group Gross Margin % Historical Data

The historical data trend for Golden Sun Health Technology Group'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.

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Golden Sun Health Technology Group Gross Margin % Chart

Golden Sun Health Technology Group Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Gross Margin %

53.51

47.32

58.67

44.48

29.11

Golden Sun Health Technology Group Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial				57.21	54.88	23.72	35.19	21.00

Competitive Comparison of Golden Sun Health Technology Group's Gross Margin %

For the Education & Training Services subindustry, Golden Sun Health Technology Group'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.

Golden Sun Health Technology Group's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Golden Sun Health Technology Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Golden Sun Health Technology Group's Gross Margin % falls into.

Golden Sun Health Technology Group Gross Margin % Calculation

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

Golden Sun Health Technology Group's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )	=	Gross Profit (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	1.8	/	6.156
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6.156 - 4.364)	/	6.156
	=	29.11 %

Golden Sun Health Technology Group's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.6	/	2.629
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2.629 - 2.077)	/	2.629
	=	21.00 %

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.

Golden Sun Health Technology Group (NAS:GSUN) 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

Golden Sun Health Technology Group had a gross margin of 21.00% for the quarter that ended in Sep. 2023 => Competition eroding margins

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.

Golden Sun Health Technology Group Gross Margin % Related Terms

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Golden Sun Health Technology Group (Golden Sun Health Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Golden Sun Health Technology Group Ltd (NAS:GSUN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Profit Huiyin Square North Building, Huashan 2018, Unit 1001, Xuhui District, Shanghai, CHN

Website

https://www.jtyjyjt.com

Golden Sun Education Group Ltd is engaged in the provision of education and management services in the People's Republic of China. The company offers private school educational services and foreign language tutorial services and other education training management services. The firm operates four tutorial centers; Yangfushan Tutorial offers a Gaokao repeater tutorial program to high school students who retake Gaokao, Hongkou Tutorial offers various English and other foreign language tutorial programs, Jicai Tutorial offers non-English foreign language tutorial programs to individual students, companies, and other organizations and Zhouzhi Tutorial offers non-English foreign language tutorial programs to individual students, companies and other organizations.