AB International Group (AB International Group) Gross Margin % : 83.90% (As of Feb. 2024)

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What is AB International Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AB International Group's Gross Profit for the three months ended in Feb. 2024 was $0.32 Mil. AB International Group's Revenue for the three months ended in Feb. 2024 was $0.39 Mil. Therefore, AB International Group's Gross Margin % for the quarter that ended in Feb. 2024 was 83.90%.

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

ABQQ' s Gross Margin % Range Over the Past 10 Years
Min: -1199.13 Med: 60.09 Max: 171.06
Current: 171.06

During the past 10 years, the highest Gross Margin % of AB International Group was 171.06%. The lowest was -1199.13%. And the median was 60.09%.

ABQQ's Gross Margin % is ranked better than
99.69% of 963 companies
in the Media - Diversified industry
Industry Median: 38.52 vs ABQQ: 171.06

AB International Group had a gross margin of 83.90% for the quarter that ended in Feb. 2024 => Durable competitive advantage

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

AB International Group Gross Margin % Historical Data

The historical data trend for AB International Group'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.

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AB International Group Gross Margin % Chart

AB International Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Gross Margin %

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59.68

60.49

-1,199.13

83.50

AB International Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Gross Margin %	Get a 7-Day Free Trial															81.21	-41.71	764.66	94.76	83.90

Competitive Comparison of AB International Group's Gross Margin %

For the Entertainment subindustry, AB International Group'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.

AB International Group's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AB International Group's Gross Margin % distribution charts can be found below:

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

AB International Group Gross Margin % Calculation

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

AB International Group's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )	=	Gross Profit (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	1.2	/	1.473
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.473 - 0.243)	/	1.473
	=	83.50 %

AB International Group's Gross Margin for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )	=	Gross Profit (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	0.3	/	0.385
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.385 - 0.062)	/	0.385
	=	83.90 %

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.

AB International Group (OTCPK:ABQQ) 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

AB International Group had a gross margin of 83.90% for the quarter that ended in Feb. 2024 => Durable 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.

AB International Group Gross Margin % Related Terms

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AB International Group (AB International Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AB International Group Corp (OTCPK:ABQQ) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

144 Main Street, Mount Kisco, New York, NY, USA, 10549

Website

https://www.abqqs.com

AB International Group Corp is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property, including the acquisition and distribution of movies. It is predominantly engaged in owning or leasing franchises, patents, and copyrights then in turn license others to use. The company is also engaged in other businesses such as providing Video streaming service under the brand name ABQQ.tv, Smartphone patent, NFT movie and music marketplace license business and operating AB movie theatres. The company has two reportable segments, Copyrights and license (IP) segment which generates majority of the revenue and cinema segment.

Executives

Chiyuan Deng	director, officer: President	2/F 45 HOLLYWOOD ROAD, HONG KONG K3 999077
Pathikonda Sivakumar Arikeri	10 percent owner	#08-245, BLOCK #107, YISHUN KING ROAD, SINGAPORE U0 760107
Lijun Yu	10 percent owner, officer: Chief Marketing Officer	16TH FLOOR, RICH TOWERS, 2 BLENHEIM AVENUE, TSIM SHA TSUI, KOWLOON K3 00000
Linqing Ye	director	SHOP 518 5/F TM PLAZA, 88 QINGHEZHONGLU, GUANGZHOU F4 511400
Alexander Holtermann	director, officer: Chief Executive Officer	KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598
Jianli Deng	10 percent owner, officer: Secretary and Treasurer	2/F 45 HOLLYWOOD ROAD, HONG KONG K3 999077
Ian Wright	officer: Chief Operating Officer	BOECKLINSTRASSE 3, FRANKFURT AM MAIN GERMANY, FRANKFURT 2M 60596
Luis Hadic	officer: Chief Financial Officer	23717 110B AVE., MAPLE RIDGE A1 V2W 2E2
Ho Ming Chung	officer: Chief Technology Officer	23/F ROOM 8 BLOCK A WANG KWONG BLDG., 22 NGAU TAU KOK ROAD, KOWLOON K3 999077