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Sharc International Systems (XCNQ:SHRC) Gross Margin %

: 39.63% (As of Sep. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Sharc International Systems's Gross Profit for the three months ended in Sep. 2023 was C$0.22 Mil. Sharc International Systems's Revenue for the three months ended in Sep. 2023 was C$0.55 Mil. Therefore, Sharc International Systems's Gross Margin % for the quarter that ended in Sep. 2023 was 39.63%.


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

XCNQ:SHRC' s Gross Margin % Range Over the Past 10 Years
Min: -3.64   Med: 32.79   Max: 53.47
Current: 36.78


During the past 12 years, the highest Gross Margin % of Sharc International Systems was 53.47%. The lowest was -3.64%. And the median was 32.79%.

XCNQ:SHRC's Gross Margin % is ranked better than
75.2% of 2935 companies
in the Industrial Products industry
Industry Median: 26.44 vs XCNQ:SHRC: 36.78

Sharc International Systems had a gross margin of 39.63% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sharc International Systems was 0.80% per year.


Sharc International Systems Gross Margin % Historical Data

The historical data trend for Sharc International Systems'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.

Sharc International Systems Annual Data
Trend Oct13 Oct14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.33 53.47 43.26 36.74 28.84

Sharc International Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 68.29 23.49 41.55 49.34 39.63

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Sharc International Systems'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.


Sharc International Systems Gross Margin % Distribution

For the Industrial Products industry and Industrials sector, Sharc International Systems's Gross Margin % distribution charts can be found below:

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



Sharc International Systems Gross Margin % Calculation

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

Sharc International Systems'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 )
=0.6 / 1.942
=(Revenue - Cost of Goods Sold) / Revenue
=(1.942 - 1.382) / 1.942
=28.84 %

Sharc International Systems's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.2 / 0.545
=(Revenue - Cost of Goods Sold) / Revenue
=(0.545 - 0.329) / 0.545
=39.63 %

* 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.


Sharc International Systems  (XCNQ:SHRC) 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

Sharc International Systems had a gross margin of 39.63% for the quarter that ended in Sep. 2023 => Competition eroding margins


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.


Sharc International Systems Gross Margin % Related Terms

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Sharc International Systems (XCNQ:SHRC) Business Description

Traded in Other Exchanges
Address
1443 Spitfire Place, Port Coquitlam, BC, CAN, V3C 6L4
Sharc International Systems Inc is engaged in providing wastewater heat exchange expertise and products that serve commercial, industrial, public utilities and residential development projects objectives of reducing their carbon footprint while saving on energy costs. The company operates in a single operating segment namely, Sales and marketing of Wastewater energy transfer equipment.

Sharc International Systems (XCNQ:SHRC) Headlines

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