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Nocera (Nocera) Gross Margin % : 0.51% (As of Dec. 2023)


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What is Nocera Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nocera's Gross Profit for the three months ended in Dec. 2023 was $0.04 Mil. Nocera's Revenue for the three months ended in Dec. 2023 was $7.47 Mil. Therefore, Nocera's Gross Margin % for the quarter that ended in Dec. 2023 was 0.51%.


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

NCRA' s Gross Margin % Range Over the Past 10 Years
Min: 0.82   Med: 1.88   Max: 55.04
Current: 0.82


During the past 4 years, the highest Gross Margin % of Nocera was 55.04%. The lowest was 0.82%. And the median was 1.88%.

NCRA's Gross Margin % is ranked worse than
95.3% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 24.96 vs NCRA: 0.82

Nocera had a gross margin of 0.51% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Nocera Gross Margin % Historical Data

The historical data trend for Nocera'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.

Nocera Gross Margin % Chart

Nocera Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
55.04 1.93 1.82 0.82

Nocera Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.74 1.80 0.69 0.70 0.51

Competitive Comparison of Nocera's Gross Margin %

For the Packaged Foods subindustry, Nocera'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.


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

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

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



Nocera Gross Margin % Calculation

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

Nocera'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 / 23.916
=(Revenue - Cost of Goods Sold) / Revenue
=(23.916 - 23.721) / 23.916
=0.82 %

Nocera'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 / 7.468
=(Revenue - Cost of Goods Sold) / Revenue
=(7.468 - 7.43) / 7.468
=0.51 %

* 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.


Nocera  (NAS:NCRA) 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

Nocera had a gross margin of 0.51% 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.


Nocera Gross Margin % Related Terms

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


Nocera (Nocera) Business Description

Traded in Other Exchanges
N/A
Address
3F (Building B), No. 185, Sec. 1, Datong Road, Xizhi District, New Taipei City, TWN, 221
Nocera Inc is engaged in the manufacturing of aquaculture equipment, construction of aquaculture facilities, managing and operating aquaculture facilities and consulting for third-party operators of aquaculture facilities. Its primary business operations consist of the design, development and production of RASs large-scale fish tank systems, for fish farms along with expert consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services.
Executives
Andy Ching-an Jin director, officer: Chief Executive Officer 3F (BUILDING B), NO. 185, SEC. 1, DATONG RD., XIZHI DIST., NEW TAIPEI CITY F5 221
Yin-chieh Cheng director, officer: CFO and Chairman 15F #464 JIAYUAN RD., SEC. 3 SHULIN DIST., NEW TAIPEI CITY F5 23854
Kuan-yin Cheng officer: President and CEO 12772 BRADWELL ROAD, HERNDON VA 20101
Bi Zhang 10 percent owner BUILDING #5 FENG DU BAN PANG QU SHAN AN, ZHI,, XINGYI CITY, GUIZHOU QIANXINAN F4 562400
Erik S Nelson director, officer: Corporate Secretary 2030 POWERS FERRY RD SE, SUITE 212, ATLANTA GA 30339