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Chorus (NZSE:CNU) Gross Margin % : 0.00% (As of Jun. 2024)


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What is Chorus Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chorus's Gross Profit for the six months ended in Jun. 2024 was NZ$507 Mil. Chorus's Revenue for the six months ended in Jun. 2024 was NZ$507 Mil. Therefore, Chorus'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.


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


NZSE:CNU's Gross Margin % is not ranked *
in the Telecommunication Services industry.
Industry Median: 49.5
* Ranked among companies with meaningful Gross Margin % only.

Chorus 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 Chorus was 0.00% per year.


Chorus Gross Margin % Historical Data

The historical data trend for Chorus'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.

Chorus Gross Margin % Chart

Chorus Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
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Chorus Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Chorus's Gross Margin %

For the Telecom Services subindustry, Chorus'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.


Chorus's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chorus's Gross Margin % distribution charts can be found below:

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



Chorus 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.)

Chorus's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=1010 / 1010
=(Revenue - Cost of Goods Sold) / Revenue
=(1010 - 0) / 1010
=N/A %

Chorus'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 )
=507 / 507
=(Revenue - Cost of Goods Sold) / Revenue
=(507 - 0) / 507
=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.


Chorus  (NZSE:CNU) 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

Chorus 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.


Chorus Gross Margin % Related Terms

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


Chorus Business Description

Traded in Other Exchanges
Address
1 Willis Street, Level 10, Wellington, NTL, NZL
Chorus is New Zealand's biggest fixed-line communications infrastructure entity. It completed the government's rollout of ultra-fast broadband a fiber-to-the-premises network covering 87% of the population in New Zealand in December 2022. Chorus offers wholesale access to the country's only nationwide copper and fiber network. This allows around 100 retail service providers to enable consumers and business to connect to the internet and other telecommunications products. Chorus also provides backhaul services to retail service providers and connects mobile telephony towers.

Chorus Headlines

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