Avalon Globocare (Avalon Globocare) Gross Margin % : 26.79% (As of Dec. 2023)

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What is Avalon Globocare Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Avalon Globocare's Gross Profit for the three months ended in Dec. 2023 was $0.09 Mil. Avalon Globocare's Revenue for the three months ended in Dec. 2023 was $0.32 Mil. Therefore, Avalon Globocare's Gross Margin % for the quarter that ended in Dec. 2023 was 26.79%.

Warning Sign:

Avalon Globocare Corp gross margin has been in long-term decline. The average rate of decline per year is -3.4%.

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

ALBT' s Gross Margin % Range Over the Past 10 Years
Min: 18.95 Med: 23.93 Max: 88.15
Current: 19.04

During the past 10 years, the highest Gross Margin % of Avalon Globocare was 88.15%. The lowest was 18.95%. And the median was 23.93%.

ALBT's Gross Margin % is ranked worse than
76.66% of 1654 companies
in the Real Estate industry
Industry Median: 36.83 vs ALBT: 19.04

Avalon Globocare had a gross margin of 26.79% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Avalon Globocare was -3.40% per year.

Avalon Globocare Gross Margin % Historical Data

The historical data trend for Avalon Globocare'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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Avalon Globocare Gross Margin % Chart

Avalon Globocare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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21.99

28.30

29.83

22.71

18.95

Avalon Globocare Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															14.86	16.22	20.20	12.99	26.79

Competitive Comparison of Avalon Globocare's Gross Margin %

For the Real Estate Services subindustry, Avalon Globocare'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.

Avalon Globocare's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Avalon Globocare's Gross Margin % falls into.

Avalon Globocare Gross Margin % Calculation

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

Avalon Globocare's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	0.2	/	1.256
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.256 - 1.018)	/	1.256
	=	18.95 %

Avalon Globocare's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.1	/	0.321
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.321 - 0.235)	/	0.321
	=	26.79 %

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.

Avalon Globocare (NAS:ALBT) 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

Avalon Globocare had a gross margin of 26.79% for the quarter that ended in Dec. 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.

Avalon Globocare Gross Margin % Related Terms

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Avalon Globocare (Avalon Globocare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Avalon Globocare Corp (NAS:ALBT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4400 Route 9 South, Suite 3100, Freehold, NJ, USA, 07728

Website

https://www.avalon-globocare.com

Avalon Globocare Corp is an intelligent biotech developer and healthcare service provider dedicated to promoting and empowering high-impact, transformative biotechnology, clinical applications, and healthcare facility management. It has two reportable segments: the real property operating segment which is the key revenue driver; medical-related consulting services segment. The company focuses on diagnostic and therapeutic areas like early detection of oral cancer, ovarian cancer, kidney cancer, skin regeneration and anti-fibrosis, and treatments of degenerative disorders.

Executives

Lourdes Felix	director	15 CALLE VERANO, RANCHO SANTA MARGARITA CA 92688
W J Tauzin	director	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508
Wenzhao Lu	director, 10 percent owner	C/O GLOBAL TECHNOLOGIES CORP., 3 SOUTH STREET, SUITE 101, FREEHOLD NJ 97728
Steven Andrew Sanders	director	431 EAST 20TH STREET, NEW YORK NY 10010
Yancen Lu	director	14009 SE 50TH STREET, BELLEVUE WA 98006
Stilley William B. Iii	director	1180 SEMINOLE TRAIL, SUITE 495, CHARLOTTESVILLE VA 22901
Tevi Troy	director	611 SOMERSWORTH WAY, SILVER SPRING MD 20902
Luisa Ingargiola	officer: Chief Financial Officer	4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
David Jin	director, officer: CEO and President	C/O GLOBAL TECHNOLOGIES CORP., 3 SOUTH STREET, SUITE 101, FREEHOLD NJ 97728
Yue Charles Li	director	C/O AVALON GLOBOCARE CORP., 4400 ROUTE 9 SOUTH, SUITE 3100, FREEHOLD NJ 07728
Meng Li	director, officer: Chief Operating Officer	C/O GLOBAL TECHNOLOGIES CORP., 3 SOUTH STREET, SUITE 101, FREEHOLD NJ 97728
Steven Philip Sukel	director	33 ALPINE DRIVE, MORGANVILLE NJ 07751