Lhyfe (LHYFF) Gross Margin % : 84.49% (As of Jun. 2023)

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What is Lhyfe Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lhyfe's Gross Profit for the six months ended in Jun. 2023 was $0.35 Mil. Lhyfe's Revenue for the six months ended in Jun. 2023 was $0.42 Mil. Therefore, Lhyfe's Gross Margin % for the quarter that ended in Jun. 2023 was 84.49%.

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

LHYFF' s Gross Margin % Range Over the Past 10 Years
Min: 10.66 Med: 20.77 Max: 48.97
Current: 48.97

During the past 4 years, the highest Gross Margin % of Lhyfe was 48.97%. The lowest was 10.66%. And the median was 20.77%.

LHYFF's Gross Margin % is ranked better than
91.77% of 1507 companies
in the Chemicals industry
Industry Median: 22.6 vs LHYFF: 48.97

Lhyfe had a gross margin of 84.49% for the quarter that ended in Jun. 2023 => Durable competitive advantage

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

Lhyfe Gross Margin % Historical Data

The historical data trend for Lhyfe'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.

Lhyfe Gross Margin % Chart

Lhyfe Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Gross Margin %

10.76

30.79

Lhyfe Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial			-	11.66	61.43	1.94	84.49

Competitive Comparison of Lhyfe's Gross Margin %

For the Specialty Chemicals subindustry, Lhyfe'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.

Lhyfe's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lhyfe's Gross Margin % distribution charts can be found below:

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

Lhyfe Gross Margin % Calculation

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

Lhyfe's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	0.2	/	0.604
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.604 - 0.418)	/	0.604
	=	30.79 %

Lhyfe's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.4	/	0.419
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.419 - 0.065)	/	0.419
	=	84.49 %

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.

Lhyfe (OTCPK:LHYFF) 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

Lhyfe had a gross margin of 84.49% for the quarter that ended in Jun. 2023 => Durable 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.

Lhyfe Gross Margin % Related Terms

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Lhyfe (LHYFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lhyfe SA (OTCPK:LHYFF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

LHYFE:France F1B:Germany

Address

30 Rue Jean Jaures, Nantes, FRA, 44000

Website

https://www.lhyfe.com

Lhyfe SA is engaged in the production of green hydrogen for mobility and industry. The company designs, builds and exploits its green hydrogen production sites, which have the particularity of being directly connected to the various available renewable energy sources. The Group addresses two priority markets, which are among the emitters of greenhouse gases: the heavy mobility sector (trucks, buses, trains and in the long term, maritime and air transport) as well as (ii) the industry sector, among which chemistry (production of ammonia, methanol, etc.), steel production and glass production are priority targets.

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