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AGM Group Holdings (AGM Group Holdings) Gross Margin % : 0.00% (As of Jun. 2023)


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What is AGM Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AGM Group Holdings's Gross Profit for the three months ended in Jun. 2023 was $0.0 Mil. AGM Group Holdings's Revenue for the three months ended in Jun. 2023 was $0.0 Mil. Therefore, AGM Group Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

AGM Group Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -28.6%.


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


During the past 7 years, the highest Gross Margin % of AGM Group Holdings was 86.97%. The lowest was 17.97%. And the median was 66.57%.

AGMH's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.31
* Ranked among companies with meaningful Gross Margin % only.

AGM Group Holdings had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AGM Group Holdings was -28.60% per year.


AGM Group Holdings Gross Margin % Historical Data

The historical data trend for AGM Group 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.

AGM Group Holdings Gross Margin % Chart

AGM Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial 67.65 86.97 28.30 17.97 19.22

AGM Group Holdings Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
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 13.38 18.75 - - -

Competitive Comparison of AGM Group Holdings's Gross Margin %

For the Computer Hardware subindustry, AGM Group 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.


AGM Group Holdings's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AGM Group Holdings's Gross Margin % distribution charts can be found below:

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



AGM Group Holdings 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.)

AGM Group Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=46.6 / 242.396
=(Revenue - Cost of Goods Sold) / Revenue
=(242.396 - 195.808) / 242.396
=19.22 %

AGM Group Holdings's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=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.


AGM Group Holdings  (NAS:AGMH) 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

AGM Group Holdings had a gross margin of N/A% for the quarter that ended in Jun. 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.


AGM Group Holdings Gross Margin % Related Terms

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AGM Group Holdings (AGM Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
C/o Creative Consultants (Hong Kong) Limited, 185 Wanchai Road, Room 1502-3, 15th Floor, Connuaght Commercial Building, Wanchai, Hong Kong, HKG
AGM Group Holdings Inc is an investment holding company. The company focuses on blockchain-oriented ASIC chip design; high-end crypto miner production and fintech technology software service. It generates maximum revenue from the sale of cryptocurrency mining machines and standardized computing equipment.