My City Builders (My City Builders) Gross Margin % : 78.57% (As of Jan. 2024)

My City Builders Gross Margin % Chart

My City Builders Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Gross Margin %		Get a 7-Day Free Trial					-	-	-	-	-

My City Builders Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross Margin %	Get a 7-Day Free Trial															-	-	-	-	78.57

Competitive Comparison of My City Builders's Gross Margin %

For the Real Estate - Development subindustry, My City Builders'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.

My City Builders's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, My City Builders's Gross Margin % distribution charts can be found below:

* The bar in red indicates where My City Builders's Gross Margin % falls into.

My City Builders Gross Margin % Calculation

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

My City Builders's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

My City Builders's Gross Margin for the quarter that ended in Jan. 2024 is calculated as

* 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.

My City Builders  (OTCPK:MYCB) 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

My City Builders had a gross margin of 78.57% for the quarter that ended in Jan. 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.

My City Builders Gross Margin % Related Terms

Thank you for viewing the detailed overview of My City Builders's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

My City Builders (My City Builders) Business Description