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Trans Global Group (Trans Global Group) Gross Margin % : 0.00% (As of Sep. 2023)


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What is Trans Global Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Trans Global Group's Gross Profit for the three months ended in Sep. 2023 was $0.00 Mil. Trans Global Group's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Trans Global Group'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 Trans Global Group's Gross Margin % or its related term are showing as below:

TGGI' s Gross Margin % Range Over the Past 10 Years
Min: 33.16   Med: 50   Max: 9416.67
Current: 9416.67


During the past 8 years, the highest Gross Margin % of Trans Global Group was 9416.67%. The lowest was 33.16%. And the median was 50.00%.

TGGI's Gross Margin % is ranked better than
98.7% of 77 companies
in the Diversified Financial Services industry
Industry Median: 45.39 vs TGGI: 9416.67

Trans Global Group 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 Trans Global Group was 0.00% per year.


Trans Global Group Gross Margin % Historical Data

The historical data trend for Trans Global Group'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.

Trans Global Group Gross Margin % Chart

Trans Global Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial - - - - 74.13

Trans Global Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Margin % Get a 7-Day Free Trial 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 -58.39 9,416.67 - - -

Competitive Comparison of Trans Global Group's Gross Margin %

For the Shell Companies subindustry, Trans Global Group'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.


Trans Global Group's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trans Global Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Trans Global Group's Gross Margin % falls into.



Trans Global Group 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.)

Trans Global Group'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 )
=0.3 / 0.429
=(Revenue - Cost of Goods Sold) / Revenue
=(0.429 - 0.111) / 0.429
=74.13 %

Trans Global Group'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 / 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.


Trans Global Group  (OTCPK:TGGI) 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

Trans Global Group 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.


Trans Global Group Gross Margin % Related Terms

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Trans Global Group (Trans Global Group) Business Description

Traded in Other Exchanges
N/A
Address
Bantian Street, Unit 5B Block 5 Zhonghai Rihui Terrance, Shenzhen, CHN, 518000
Trans Global Group Inc is a shell company.

Trans Global Group (Trans Global Group) Headlines