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Studio Mir Co (XKRX:408900) Gross Margin % : 0.00% (As of Dec. 2024)


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What is Studio Mir Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Studio Mir Co's Gross Profit for the three months ended in Dec. 2024 was ₩3,933 Mil. Studio Mir Co's Revenue for the three months ended in Dec. 2024 was ₩3,933 Mil. Therefore, Studio Mir Co's Gross Margin % for the quarter that ended in Dec. 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 Studio Mir Co's Gross Margin % or its related term are showing as below:


XKRX:408900's Gross Margin % is not ranked *
in the Media - Diversified industry.
Industry Median: 38.95
* Ranked among companies with meaningful Gross Margin % only.

Studio Mir Co had a gross margin of N/A% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

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


Studio Mir Co Gross Margin % Historical Data

The historical data trend for Studio Mir Co'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.

Studio Mir Co Gross Margin % Chart

Studio Mir Co Annual Data
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Studio Mir Co Quarterly Data
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Competitive Comparison of Studio Mir Co's Gross Margin %

For the Entertainment subindustry, Studio Mir Co'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.


Studio Mir Co's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Studio Mir Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Studio Mir Co's Gross Margin % falls into.


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Studio Mir Co 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.)

Studio Mir Co's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=17570.7 / 17570.718
=(Revenue - Cost of Goods Sold) / Revenue
=(17570.718 - 0) / 17570.718
=N/A %

Studio Mir Co's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=3933.2 / 3933.166
=(Revenue - Cost of Goods Sold) / Revenue
=(3933.166 - 0) / 3933.166
=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.


Studio Mir Co  (XKRX:408900) 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

Studio Mir Co had a gross margin of N/A% for the quarter that ended in Dec. 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.


Studio Mir Co Gross Margin % Related Terms

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Studio Mir Co Business Description

Traded in Other Exchanges
N/A
Address
17th Floor 33, IT Mirae Tower 60-21, Digital-ro 9-gil, Geumcheon-gu, Gasan-Dong, Seoul, KOR
Studio Mir Co Ltd operates as an animation studio company.

Studio Mir Co Headlines

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