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UBXG (U-BX Technology) Gross Margin % : 1.98% (As of Dec. 2023)


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What is U-BX Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. U-BX Technology's Gross Profit for the six months ended in Dec. 2023 was $0.58 Mil. U-BX Technology's Revenue for the six months ended in Dec. 2023 was $29.28 Mil. Therefore, U-BX Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 1.98%.


The historical rank and industry rank for U-BX Technology's Gross Margin % or its related term are showing as below:

UBXG' s Gross Margin % Range Over the Past 10 Years
Min: 0.39   Med: 1.56   Max: 1.75
Current: 1.75


During the past 4 years, the highest Gross Margin % of U-BX Technology was 1.75%. The lowest was 0.39%. And the median was 1.56%.

UBXG's Gross Margin % is ranked worse than
96.42% of 2628 companies
in the Software industry
Industry Median: 41.375 vs UBXG: 1.75

U-BX Technology had a gross margin of 1.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for U-BX Technology was 0.00% per year.


U-BX Technology Gross Margin % Historical Data

The historical data trend for U-BX Technology'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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U-BX Technology Gross Margin % Chart

U-BX Technology Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Gross Margin %
0.39 1.42 1.70 1.71

U-BX Technology Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial 1.37 2.20 1.80 1.57 1.98

Competitive Comparison of U-BX Technology's Gross Margin %

For the Software - Infrastructure subindustry, U-BX Technology'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.


U-BX Technology's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where U-BX Technology's Gross Margin % falls into.



U-BX Technology Gross Margin % Calculation

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

U-BX Technology's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=1.6 / 94.319
=(Revenue - Cost of Goods Sold) / Revenue
=(94.319 - 92.704) / 94.319
=1.71 %

U-BX Technology'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 )
=0.6 / 29.284
=(Revenue - Cost of Goods Sold) / Revenue
=(29.284 - 28.705) / 29.284
=1.98 %

* 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.


U-BX Technology  (NAS:UBXG) 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

U-BX Technology had a gross margin of 1.98% 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.


U-BX Technology Gross Margin % Related Terms

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U-BX Technology Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1 Linkong Er Road, Shunyi District, Zhongguan Science and Technology Park, Beijing, CHN
Website
U-BX Technology Ltd is focused on providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers. It helps institutional clients obtain visibility on various social media platforms and generate revenue based on consumers' clicks, views, or its clients' promotion time through those channels. The company has also developed an algorithm named Magic Mirror to calculate payout risks for insurance carriers to underwrite auto insurance coverage.

U-BX Technology Headlines