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Lucas GC (Lucas GC) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Lucas GC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lucas GC's Gross Profit for the three months ended in Dec. 2023 was $0.0 Mil. Lucas GC's Revenue for the three months ended in Dec. 2023 was $0.0 Mil. Therefore, Lucas GC's Gross Margin % for the quarter that ended in Dec. 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 Lucas GC's Gross Margin % or its related term are showing as below:


During the past 4 years, the highest Gross Margin % of Lucas GC was 28.40%. The lowest was 25.11%. And the median was 27.77%.

LGCL's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.73
* Ranked among companies with meaningful Gross Margin % only.

Lucas GC had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Lucas GC Gross Margin % Historical Data

The historical data trend for Lucas GC'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.

Lucas GC Gross Margin % Chart

Lucas GC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
25.11 27.46 28.07 28.40

Lucas GC Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Lucas GC's Gross Margin %

For the Software - Application subindustry, Lucas GC'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.


Lucas GC's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Lucas GC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lucas GC's Gross Margin % falls into.



Lucas GC 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.)

Lucas GC'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 )
=58.6 / 206.431
=(Revenue - Cost of Goods Sold) / Revenue
=(206.431 - 147.812) / 206.431
=28.40 %

Lucas GC'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 / 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.


Lucas GC  (NAS:LGCL) 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

Lucas GC had a gross margin of N/A% for the quarter that ended in Dec. 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.


Lucas GC Gross Margin % Related Terms

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Lucas GC (Lucas GC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Xiaoyun Road, Room 5A01, 4th Floor, Air China Building, Sanyuanqiao, Chaoyang District, Beijing, CHN, 100027
Lucas GC Ltd is a technology-driven online agent-centric human capital management service provider targeting professionals based on PaaS in China.