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Zecotek Photonics (Zecotek Photonics) Gross Margin % : 0.00% (As of Apr. 2020)


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What is Zecotek Photonics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zecotek Photonics's Gross Profit for the three months ended in Apr. 2020 was $0.04 Mil. Zecotek Photonics's Revenue for the three months ended in Apr. 2020 was $0.04 Mil. Therefore, Zecotek Photonics's Gross Margin % for the quarter that ended in Apr. 2020 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 Zecotek Photonics's Gross Margin % or its related term are showing as below:


ZMSPF's Gross Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 52.83
* Ranked among companies with meaningful Gross Margin % only.

Zecotek Photonics had a gross margin of N/A% for the quarter that ended in Apr. 2020 => No sustainable competitive advantage

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


Zecotek Photonics Gross Margin % Historical Data

The historical data trend for Zecotek Photonics'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.

Zecotek Photonics Gross Margin % Chart

Zecotek Photonics Annual Data
Trend Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.49 17.37 12.77 -20.78 -5.75

Zecotek Photonics Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
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 - -5.75 27.27 7.14 -

Competitive Comparison of Zecotek Photonics's Gross Margin %

For the Medical Devices subindustry, Zecotek Photonics'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.


Zecotek Photonics's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zecotek Photonics's Gross Margin % distribution charts can be found below:

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



Zecotek Photonics 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.)

Zecotek Photonics's Gross Margin for the fiscal year that ended in Jul. 2019 is calculated as

Gross Margin % (A: Jul. 2019 )=Gross Profit (A: Jul. 2019 ) / Revenue (A: Jul. 2019 )
=-0 / 0.087
=(Revenue - Cost of Goods Sold) / Revenue
=(0.087 - 0.092) / 0.087
=-5.75 %

Zecotek Photonics's Gross Margin for the quarter that ended in Apr. 2020 is calculated as


Gross Margin % (Q: Apr. 2020 )=Gross Profit (Q: Apr. 2020 ) / Revenue (Q: Apr. 2020 )
=0 / 0.036
=(Revenue - Cost of Goods Sold) / Revenue
=(0.036 - 0) / 0.036
=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.


Zecotek Photonics  (OTCPK:ZMSPF) 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

Zecotek Photonics had a gross margin of N/A% for the quarter that ended in Apr. 2020 => 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.


Zecotek Photonics Gross Margin % Related Terms

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Zecotek Photonics (Zecotek Photonics) Business Description

Traded in Other Exchanges
N/A
Address
6900 Graybar Road, Unit 2325, Richmond, BC, CAN, V6W 0A5
Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs located in Canada, Korea, Russia, Singapore, and the U.S.A. The company develops products such as scintillation crystals, solid-state, photodetectors, positron emission tomography scanning components, lasers, and 3D display and 3D printing technologies. These products are used in sectors such as healthcare, scientific and industrial.