Magnus Energy Group (HAM:SHH1) Gross Margin % : 12.12% (As of Dec. 2021)

Magnus Energy Group Gross Margin % Chart

Magnus Energy Group Annual Data
	Trend	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20
Gross Margin %		Get a 7-Day Free Trial					19.58	19.81	15.69	11.55	10.71

Magnus Energy Group Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21
Gross Margin %	Get a 7-Day Free Trial															9.98	10.70	9.73	12.35	12.12

Competitive Comparison of Magnus Energy Group's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, Magnus Energy 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.

Magnus Energy Group's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Magnus Energy Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Magnus Energy Group's Gross Margin % falls into.

Magnus Energy Group Gross Margin % Calculation

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

Magnus Energy Group's Gross Margin for the fiscal year that ended in Jun. 2020 is calculated as

Magnus Energy Group's Gross Margin for the quarter that ended in Dec. 2021 is calculated as

* 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.

Magnus Energy Group  (HAM:SHH1) 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

Magnus Energy Group had a gross margin of 12.12% for the quarter that ended in Dec. 2021 => 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.

Magnus Energy Group Gross Margin % Related Terms

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Magnus Energy Group (HAM:SHH1) Business Description