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CircuTech International Holdings (CircuTech International Holdings) Gross Margin % : 4.75% (As of Dec. 2023)


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What is CircuTech International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CircuTech International Holdings's Gross Profit for the three months ended in Dec. 2023 was $0.49 Mil. CircuTech International Holdings's Revenue for the three months ended in Dec. 2023 was $10.22 Mil. Therefore, CircuTech International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 4.75%.


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

TLYYF' s Gross Margin % Range Over the Past 10 Years
Min: 4.96   Med: 8.27   Max: 40.85
Current: 9.07


During the past 13 years, the highest Gross Margin % of CircuTech International Holdings was 40.85%. The lowest was 4.96%. And the median was 8.27%.

TLYYF's Gross Margin % is ranked worse than
92.84% of 991 companies
in the Business Services industry
Industry Median: 34.73 vs TLYYF: 9.07

CircuTech International Holdings had a gross margin of 4.75% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CircuTech International Holdings was 8.70% per year.


CircuTech International Holdings Gross Margin % Historical Data

The historical data trend for CircuTech International Holdings'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.

CircuTech International Holdings Gross Margin % Chart

CircuTech International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.12 8.29 7.30 7.22 9.07

CircuTech International Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.95 24.94 22.61 7.41 4.75

Competitive Comparison of CircuTech International Holdings's Gross Margin %

For the Security & Protection Services subindustry, CircuTech International Holdings'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.


CircuTech International Holdings's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CircuTech International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CircuTech International Holdings's Gross Margin % falls into.



CircuTech International Holdings Gross Margin % Calculation

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

CircuTech International Holdings'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 )
=1.8 / 19.48
=(Revenue - Cost of Goods Sold) / Revenue
=(19.48 - 17.714) / 19.48
=9.07 %

CircuTech International Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.5 / 10.216
=(Revenue - Cost of Goods Sold) / Revenue
=(10.216 - 9.731) / 10.216
=4.75 %

* 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.


CircuTech International Holdings  (GREY:TLYYF) 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

CircuTech International Holdings had a gross margin of 4.75% for the quarter that ended in Dec. 2023 => 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.


CircuTech International Holdings Gross Margin % Related Terms

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CircuTech International Holdings (CircuTech International Holdings) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Causeway Bay, 31th Floor, Tower Two, Times Square, Hong Kong, HKG
CircuTech International Holdings Ltd is engaged in the business of research and development and the sale and marketing of video surveillance systems. It operates its business in Asia, Europe, Africa, North America, and others. Its segments of the company are Sales and distribution of IT products and Repairs and service support. Sales and distribution of IT products business segment designs, manufactures, and markets video surveillance systems and distributes third-party IT products. Geographically, it derives the majority of its revenue from Hong Kong.

CircuTech International Holdings (CircuTech International Holdings) Headlines

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