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HYZN (Hyzon Motors) Gross Margin % : -124.63% (As of Sep. 2024)


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What is Hyzon Motors Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hyzon Motors's Gross Profit for the three months ended in Sep. 2024 was $-0.17 Mil. Hyzon Motors's Revenue for the three months ended in Sep. 2024 was $0.13 Mil. Therefore, Hyzon Motors's Gross Margin % for the quarter that ended in Sep. 2024 was -124.63%.


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

HYZN' s Gross Margin % Range Over the Past 10 Years
Min: -5207.12   Med: -525.87   Max: 19642.5
Current: -232.44


During the past 4 years, the highest Gross Margin % of Hyzon Motors was 19642.50%. The lowest was -5207.12%. And the median was -525.87%.

HYZN's Gross Margin % is not ranked
in the Vehicles & Parts industry.
Industry Median: 19.92 vs HYZN: -232.44

Hyzon Motors had a gross margin of -124.63% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


Hyzon Motors Gross Margin % Historical Data

The historical data trend for Hyzon Motors'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.

Hyzon Motors Gross Margin % Chart

Hyzon Motors Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
- 19,642.50 -525.87 -5,207.12

Hyzon Motors Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -2,992.20 21.71 -5,783.39 -124.63

Competitive Comparison of Hyzon Motors's Gross Margin %

For the Auto Parts subindustry, Hyzon Motors'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.


Hyzon Motors's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyzon Motors's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hyzon Motors's Gross Margin % falls into.


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Hyzon Motors Gross Margin % Calculation

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

Hyzon Motors'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 )
=-15.4 / 0.295
=(Revenue - Cost of Goods Sold) / Revenue
=(0.295 - 15.656) / 0.295
=-5,207.12 %

Hyzon Motors's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-0.2 / 0.134
=(Revenue - Cost of Goods Sold) / Revenue
=(0.134 - 0.301) / 0.134
=-124.63 %

* 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.


Hyzon Motors  (NAS:HYZN) 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

Hyzon Motors had a gross margin of -124.63% for the quarter that ended in Sep. 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.


Hyzon Motors Gross Margin % Related Terms

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


Hyzon Motors Business Description

Traded in Other Exchanges
N/A
Address
475 Quaker Meeting House Road, Honeoye Falls, New York, NY, USA, 14472
Hyzon Motors Inc assembles and supplies hydrogen fuel cell-powered commercial vehicles across North America, Europe, China, and Australasia. In addition, it builds and fosters a clean hydrogen supply ecosystem with partners from feedstocks through production, dispensing and financing. The company intends to meet its customers' zero-emission vehicle needs by electrifying proven vehicle platforms utilizing its industry- leading fuel cell and electric propulsion technologies. It expects to deploy these technologies in various vehicle classes, including heavy-duty and medium-duty trucks and buses with the potential for future expansion into light-duty commercial vehicles, additional mobility use cases and stationary power applications.
Executives
John R Zavoli officer: See Remarks 6215 FERRIS SQ, STE 140, SAN DIEGO CA 92121
Bappaditya Banerjee officer: Chief Operating Officer 439 S. MONROE ST., HINSDALE IL 60521
Elaine H Wong director 475 QUAKER MEETING HOUSE ROAD, HONEOYE FALLS NY 14472
Stephen Weiland officer: Chief Financial Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Parker Stewart Meeks officer: Chief Strategy Officer 599 S SCHMIDT RD, BOLINGBROOK IL 60440
Horizon Fuel Cell Technologies Pte Ltd 10 percent owner KAIXUAM RD 1671 RM 705, SHANGHAL CHINA 200030 F4 00000
Matthew J. Foulston director 9900 WEST 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Andrea Farace director NORTH LODGE, WOOLLEY, WANTAGE X0 OX12 8NJ
Jinxiu Sun-lasovage officer: Chief Human Resources Officer 648 VINEWOOD AVE, BIRMINGHAM MI 48009
John Milton Edgley officer: President of International Ops 69 RYANS RD, ELTHAM C3 3095
Samuel S Chong officer: Chief Financial Officer 475 QUAKER MEETING HOUSE RD., HONEOYE FALLS NY 14472
Craig Matthew Knight director, officer: Chief Executive Officer 475 QUAKER MEETING HOUSE ROAD, HONEOYE FALLS NY 14472
Patrick Michael Griffin officer: See Remarks 2415 WOODLAWN DR. NW, DOVER OH 44622
Decarbonization Plus Acquisition Corp officer: See Remarks 475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472
Shinichi Hirano officer: Chief Technology Officer 5878 SHILLINGHAM DRIVE, WEST BLOOMFIELD MI 48322