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HashChain Technology (HashChain Technology) Gross Margin % : 5.78% (As of Aug. 2019)


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What is HashChain Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. HashChain Technology's Gross Profit for the three months ended in Aug. 2019 was $0.17 Mil. HashChain Technology's Revenue for the three months ended in Aug. 2019 was $3.01 Mil. Therefore, HashChain Technology's Gross Margin % for the quarter that ended in Aug. 2019 was 5.78%.


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


HSSHF's Gross Margin % is not ranked *
in the Capital Markets industry.
Industry Median: 48.07
* Ranked among companies with meaningful Gross Margin % only.

HashChain Technology had a gross margin of 5.78% for the quarter that ended in Aug. 2019 => No sustainable competitive advantage

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


HashChain Technology Gross Margin % Historical Data

The historical data trend for HashChain Technology'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.

HashChain Technology Gross Margin % Chart

HashChain Technology Annual Data
Trend Aug17 Aug18 Aug19
Gross Margin %
- -50.19 -46.68

HashChain Technology Quarterly Data
Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -99.50 -31.30 -115.95 -44.83 5.78

Competitive Comparison of HashChain Technology's Gross Margin %

For the Capital Markets subindustry, HashChain Technology'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.


HashChain Technology's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HashChain Technology's Gross Margin % distribution charts can be found below:

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



HashChain Technology Gross Margin % Calculation

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

HashChain Technology's Gross Margin for the fiscal year that ended in Aug. 2019 is calculated as

Gross Margin % (A: Aug. 2019 )=Gross Profit (A: Aug. 2019 ) / Revenue (A: Aug. 2019 )
=-4 / 8.666
=(Revenue - Cost of Goods Sold) / Revenue
=(8.666 - 12.711) / 8.666
=-46.68 %

HashChain Technology's Gross Margin for the quarter that ended in Aug. 2019 is calculated as


Gross Margin % (Q: Aug. 2019 )=Gross Profit (Q: Aug. 2019 ) / Revenue (Q: Aug. 2019 )
=0.2 / 3.008
=(Revenue - Cost of Goods Sold) / Revenue
=(3.008 - 2.834) / 3.008
=5.78 %

* 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.


HashChain Technology  (GREY:HSSHF) 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

HashChain Technology had a gross margin of 5.78% for the quarter that ended in Aug. 2019 => 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.


HashChain Technology Gross Margin % Related Terms

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HashChain Technology (HashChain Technology) Business Description

Traded in Other Exchanges
N/A
Address
40 Beaver Street, Albany, NY, USA, 12205
HashChain Technology Inc is a Canadian cryptocurrency mining company. The main focus of the company is to build out its mining capacity through its data centres.