Banro (XCNQ:BAA.PA.PFD) Gross Margin % : 9.08% (As of Jun. 2017)

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What is Banro Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Banro's Gross Profit for the three months ended in Jun. 2017 was $3.80 Mil. Banro's Revenue for the three months ended in Jun. 2017 was $41.88 Mil. Therefore, Banro's Gross Margin % for the quarter that ended in Jun. 2017 was 9.08%.

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

XCNQ:BAA.PA.PFD' s Gross Margin % Range Over the Past 10 Years
Min: 8.52 Med: 23.43 Max: 35.76
Current: 8.52

During the past 13 years, the highest Gross Margin % of Banro was 35.76%. The lowest was 8.52%. And the median was 23.43%.

XCNQ:BAA.PA.PFD's Gross Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 22.985 vs XCNQ:BAA.PA.PFD: 8.52

Banro had a gross margin of 9.08% for the quarter that ended in Jun. 2017 => No sustainable competitive advantage

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

Banro Gross Margin % Historical Data

The historical data trend for Banro'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.

Banro Gross Margin % Chart

Banro Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Gross Margin %

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28.35

16.95

23.43

35.76

9.82

Banro Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Gross Margin %	Get a 7-Day Free Trial															15.81	16.87	2.40	4.13	9.08

Competitive Comparison of Banro's Gross Margin %

For the Gold subindustry, Banro'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.

Banro's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Banro's Gross Margin % distribution charts can be found below:

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

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Banro Gross Margin % Calculation

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

Banro's Gross Margin for the fiscal year that ended in Dec. 2016 is calculated as

Gross Margin % (A: Dec. 2016 )	=	Gross Profit (A: Dec. 2016 )	/	Revenue (A: Dec. 2016 )
	=	22.4	/	228.346
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(228.346 - 205.912)	/	228.346
	=	9.82 %

Banro's Gross Margin for the quarter that ended in Jun. 2017 is calculated as

Gross Margin % (Q: Jun. 2017 )	=	Gross Profit (Q: Jun. 2017 )	/	Revenue (Q: Jun. 2017 )
	=	3.8	/	41.876
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(41.876 - 38.075)	/	41.876
	=	9.08 %

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.

Banro (XCNQ:BAA.PA.PFD) 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

Banro had a gross margin of 9.08% for the quarter that ended in Jun. 2017 => 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.

Banro Gross Margin % Related Terms

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Banro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Banro Corp (XCNQ:BAA.PA.PFD) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 King Street West, Suite 7070, 1 First Canadian Place, Toronto, ON, CAN, M5X 1E3

Website

http://www.banro.com

Banro Corp is a Canadian gold mining company. Principally it focuses on exploration, development, and production of mineral properties in the Democratic Republic of the Congo. The company holds two gold producing mines Twangiza mines and Namoya mines and two advancing gold exploration projects which include Lugushwa project and Kamituga project. Twangiza mine property is located approximately 45 kilometers south-southwest of Bukavu in south Kivu Province whereas the Namoya mine property lies at the southern end of the Twangiza-Namoya gold belt in Maniema province. The company's Lugushwa project and Kamituga project, both are located in the southwest city of Bukavu.

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