IBO Technology Co (HKSE:02708) Gross Margin %: 0.00% (As of Mar. 2024)

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HKSE:02708 IBO Technology Co Ltd HKSE:02708
4 GF Score
Price HK$0.06
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What is IBO Technology Co Gross Margin %?

IBO Technology Co HKSE:02708 4 Gross Margin % is 0.00% as of Mar. 2024. GuruFocus rates HKSE:02708 with a GF Score™ of 4/100.

Gross Margin % is calculated as gross profit divided by its revenue. IBO Technology Co's Gross Profit for the six months ended in Mar. 2024 was HK$0.0 Mil. IBO Technology Co's Revenue for the six months ended in Mar. 2024 was HK$0.0 Mil. Therefore, IBO Technology Co's Gross Margin % for the quarter that ended in Mar. 2024 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 IBO Technology Co's Gross Margin % or its related term are showing as below:


HKSE:02708's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 40.46
* Ranked among companies with meaningful Gross Margin % only.

IBO Technology Co had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


IBO Technology Co  (HKSE:02708) 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

IBO Technology Co had a gross margin of N/A% for the quarter that ended in Mar. 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.


IBO Technology Co Gross Margin % Related Terms


IBO Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for IBO Technology Co'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.

IBO Technology Co Gross Margin % Chart

IBO Technology Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.71 17.07 10.35 3.61 30.19

IBO Technology Co Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Mar25
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 20.85 3.25 3.61 0.00 0.00

HKSE:02708 vs MSFT, ORCL, ADBE: Gross Margin % Comparison

For the Software - Infrastructure subindustry, IBO Technology Co'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.


IBO Technology Co Gross Margin % vs Software Industry

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

* The bar in red indicates where IBO Technology Co's Gross Margin % falls into.


HKSE:02708
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IBO Technology Co Ltd HKSE:02708
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IBO Technology Co 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.)

IBO Technology Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=7.8 / 216.191
=(Revenue - Cost of Goods Sold) / Revenue
=(216.191 - 208.396) / 216.191
=3.61 %

IBO Technology Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
IBO Technology Co (HKSE:02708) has a Gross Margin % of 0.00% as of Mar. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on IBO Technology Co and its competitors.
Is IBO Technology Co's Gross Margin % too high?
IBO Technology Co's current Gross Margin % is 0.00%. Overall, IBO Technology Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does IBO Technology Co's Gross Margin % compare to MSFT and ORCL?
IBO Technology Co's Gross Margin % of 0.00% can be compared against companies in the Software industry. The industry median Gross Margin % is 40.46. 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 Software company?
The median Gross Margin % among Software companies is 40.46, based on 2,685 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 IBO Technology Co and its competitors. For the Software industry, the median Gross Margin % is 40.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IBO Technology Co'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 IBO Technology Co stock overvalued right now?
IBO Technology Co (HKSE:02708) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. IBO Technology Co's overall GF Score™ is 4/100. 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 IBO Technology Co (HKSE:02708), the current Gross Margin % is 0.00% as of Mar. 2024. 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.

IBO Technology Co Business Description

Address No. 9116 Beihuan Avenue, Level 6, Block A, Fu Wah Technology Building, Nanshan, Shenzhen, CHN
IBO Technology Co Ltd is engaged in providing the Internet of Things (IoT) intelligent terminal product applications and solutions services in the People's Republic of China. The company operates in four segments. Its System integration segment provides coordination, management, and installation services. The Intelligent terminal products sales segment is involved in the sale of intelligent terminal products. Its Software development segment develops customized software. The company's System maintenance services segment renders system maintenance services. The key revenue is derived from the Intelligent terminal products sales segment. The company earns the majority of its revenue is derived from customers located in the PRC.
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HK$0.06
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