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Future Data Group (HKSE:08229) Gross Margin % : 0.00% (As of Jun. 2024)


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What is Future Data Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Future Data Group's Gross Profit for the three months ended in Jun. 2024 was HK$0.0 Mil. Future Data Group's Revenue for the three months ended in Jun. 2024 was HK$0.0 Mil. Therefore, Future Data Group's Gross Margin % for the quarter that ended in Jun. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Future Data Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.2%.


The historical rank and industry rank for Future Data Group's Gross Margin % or its related term are showing as below:

HKSE:08229' s Gross Margin % Range Over the Past 10 Years
Min: 9.44   Med: 13.76   Max: 15.93
Current: 12.37


During the past 11 years, the highest Gross Margin % of Future Data Group was 15.93%. The lowest was 9.44%. And the median was 13.76%.

HKSE:08229's Gross Margin % is ranked worse than
90.31% of 2651 companies
in the Software industry
Industry Median: 41.24 vs HKSE:08229: 12.37

Future Data Group had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Future Data Group was -6.20% per year.


Future Data Group Gross Margin % Historical Data

The historical data trend for Future Data 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.

* Premium members only.

Future Data Group Gross Margin % Chart

Future Data Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.33 11.70 9.44 12.52 10.01

Future Data Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 Premium Member Only 15.92 11.62 12.80 - -

Competitive Comparison of Future Data Group's Gross Margin %

For the Information Technology Services subindustry, Future Data 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.


Future Data Group's Gross Margin % Distribution in the Software Industry

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

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


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Future Data Group 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.)

Future Data Group's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=60.3 / 482.008
=(Revenue - Cost of Goods Sold) / Revenue
=(482.008 - 421.682) / 482.008
=12.52 %

Future Data Group's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


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


Future Data Group  (HKSE:08229) 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

Future Data Group had a gross margin of N/A% for the quarter that ended in Jun. 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.


Future Data Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Future Data Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Future Data Group Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Harbour Road, Room 1703, 17th floor Office Tower, Wan Chai, Hong Kong, HKG
Future Data Group Ltd is engaged in the provision of integration of systems with network connectivity, cloud computing and security elements, maintenance services, and cyber security services in Korea and Hong Kong. It operates in three segments System integration, Maintenance services, and Cyber security services with the majority of revenue being derived from the System integration segment. It operates in Hong Kong and Korea with the majority of its revenue coming from Korea.
Executives
Tao Guolin 2101 Beneficial owner
Tao Hongxia 2201 Interest of corporation controlled by you
Variant Wealth Investment Development Limited 2101 Beneficial owner
Gorgeous Real Investment Holding Limited 2101 Beneficial owner
Han Lerong 2202 Interest of your spouse
Tao Hongxia 2201 Interest of corporation controlled by you
Han Lerong 2202 Interest of your spouse
Tang Marilyn 2202 Interest of your spouse
Tao Jian 2101 Beneficial owner
Asia Media Systems Pte. Ltd. 2201 Interest of corporation controlled by you
Suh Seung Hyun 2201 Interest of corporation controlled by you
Suh Kim Seong Ock 2202 Interest of your spouse
Shin Hee Kum 2202 Interest of your spouse
Phung Nhuong Giang 2201 Interest of corporation controlled by you
Park Hyeoung Jin 2201 Interest of corporation controlled by you

Future Data Group Headlines

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