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Good Hope (COL:GOOD.N0000) Gross Margin % : 0.00% (As of Sep. 2023)


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What is Good Hope Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Good Hope's Gross Profit for the three months ended in Sep. 2023 was රු1.85 Mil. Good Hope's Revenue for the three months ended in Sep. 2023 was රු1.85 Mil. Therefore, Good Hope's Gross Margin % for the quarter that ended in Sep. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 13 years, the highest Gross Margin % of Good Hope was 4320.14%. The lowest was 83.15%. And the median was 2201.65%.

COL:GOOD.N0000's Gross Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 25.35
* Ranked among companies with meaningful Gross Margin % only.

Good Hope had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Good Hope was 0.00% per year.


Good Hope Gross Margin % Historical Data

The historical data trend for Good Hope'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.

Good Hope Gross Margin % Chart

Good Hope Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
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Good Hope Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Good Hope's Gross Margin %

For the Farm Products subindustry, Good Hope'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.


Good Hope's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Good Hope's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Good Hope's Gross Margin % falls into.



Good Hope 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.)

Good Hope's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=6.7 / 6.679
=(Revenue - Cost of Goods Sold) / Revenue
=(6.679 - 0) / 6.679
=N/A %

Good Hope'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 )
=1.8 / 1.845
=(Revenue - Cost of Goods Sold) / Revenue
=(1.845 - 0) / 1.845
=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.


Good Hope  (COL:GOOD.N0000) 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

Good Hope had a gross margin of N/A% for the quarter that ended in Sep. 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.


Good Hope Gross Margin % Related Terms

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


Good Hope (COL:GOOD.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Janadhipathi Mawatha, Colombo, LKA, 01
Good Hope PLC is an investment holding company. Its subsidiaries are mainly engaged in oil palm plantation business.

Good Hope (COL:GOOD.N0000) Headlines

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