NOEC (New Oriental Energy & Chemical) Gross Margin %: -102.54% (As of Dec. 2010)


What is New Oriental Energy & Chemical Gross Margin %?

New Oriental Energy & Chemical NOEC -99.00% Gross Margin % is -102.54% as of Dec. 2010.

Gross Margin % is calculated as gross profit divided by its revenue. New Oriental Energy & Chemical's Gross Profit for the three months ended in Dec. 2010 was $-0.97 Mil. New Oriental Energy & Chemical's Revenue for the three months ended in Dec. 2010 was $0.94 Mil. Therefore, New Oriental Energy & Chemical's Gross Margin % for the quarter that ended in Dec. 2010 was -102.54%.


The historical rank and industry rank for New Oriental Energy & Chemical's Gross Margin % or its related term are showing as below:


NOEC's Gross Margin % is not ranked *
in the Agriculture industry.
Industry Median: 24.81
* Ranked among companies with meaningful Gross Margin % only.

New Oriental Energy & Chemical had a gross margin of -102.54% for the quarter that ended in Dec. 2010 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for New Oriental Energy & Chemical was 0.00% per year.


New Oriental Energy & Chemical  (OTCPK:NOEC) 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

New Oriental Energy & Chemical had a gross margin of -102.54% for the quarter that ended in Dec. 2010 => 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.


New Oriental Energy & Chemical Gross Margin % Related Terms


New Oriental Energy & Chemical Gross Margin % Historical Data

* Premium members only.

The historical data trend for New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Gross Margin % Chart

New Oriental Energy & Chemical Annual Data
Trend Dec05 Mar07 Mar08 Mar09 Mar10
Gross Margin %
0.00 14.62 16.00 -2.84 -17.17

New Oriental Energy & Chemical Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 2.91 -29.27 -6.82 47.02 -102.54

NOEC vs RTKHQ, LBTD, CVAT: Gross Margin % Comparison

For the Agricultural Inputs subindustry, New Oriental Energy & Chemical'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.


New Oriental Energy & Chemical Gross Margin % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, New Oriental Energy & Chemical's Gross Margin % distribution charts can be found below:

* The bar in red indicates where New Oriental Energy & Chemical's Gross Margin % falls into.



New Oriental Energy & Chemical Gross Margin % Calculation

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

New Oriental Energy & Chemical's Gross Margin for the fiscal year that ended in Mar. 2010 is calculated as

Gross Margin % (A: Mar. 2010 )=Gross Profit (A: Mar. 2010 ) / Revenue (A: Mar. 2010 )
=-5.6 / 32.464
=(Revenue - Cost of Goods Sold) / Revenue
=(32.464 - 38.037) / 32.464
=-17.17 %

New Oriental Energy & Chemical's Gross Margin for the quarter that ended in Dec. 2010 is calculated as


Gross Margin % (Q: Dec. 2010 )=Gross Profit (Q: Dec. 2010 ) / Revenue (Q: Dec. 2010 )
=-1 / 0.944
=(Revenue - Cost of Goods Sold) / Revenue
=(0.944 - 1.912) / 0.944
=-102.54 %

* 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 -102.54% mean?
New Oriental Energy & Chemical (NOEC) has a Gross Margin % of -102.54% as of Dec. 2010. Gross margin is the ratio of total gross profit to net sales. View historical data on New Oriental Energy & Chemical and its competitors.
Is New Oriental Energy & Chemical's Gross Margin % too high?
New Oriental Energy & Chemical's current Gross Margin % is -102.54%.
How does New Oriental Energy & Chemical's Gross Margin % compare to RTKHQ and LBTD?
New Oriental Energy & Chemical's Gross Margin % of -102.54% can be compared against companies in the Agriculture industry. The industry median Gross Margin % is 24.81. 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 an Agriculture company?
The median Gross Margin % among Agriculture companies is 24.81, based on 247 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 New Oriental Energy & Chemical and its competitors. For the Agriculture industry, the median Gross Margin % is 24.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Oriental Energy & Chemical's current Gross Margin % is -102.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Energy & Chemical stock overvalued right now?
New Oriental Energy & Chemical (NOEC) has a current Gross Margin % of -102.54%. The current Gross Margin % is -102.54%. 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 New Oriental Energy & Chemical (NOEC), the current Gross Margin % is -102.54% as of Dec. 2010. 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.

New Oriental Energy & Chemical Business Description

Address Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, CHN, 464200
New Oriental Energy & Chemical Corporation, through its subsidiary, is engaged in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China.