Fortune Valley Treasures annual gross margin
2018
2019
2020
2021
2022
2023
Fortune Valley Treasures Gross Margin Growth & History (FVTI)
Fortune Valley Treasures's gross margin was 46.77% for fiscal 2023.
View full Fortune Valley Treasures company overviewFortune Valley Treasures annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 46.77% | −3.49 pp |
| 2022 | 2022-12-31 | 50.26% | −4.12 pp |
| 2021 | 2021-12-31 | 54.38% | −12.19 pp |
| 2020 | 2020-12-31 | 66.57% | +45.13 pp |
| 2019 | 2019-12-31 | 21.44% | −30.05 pp |
| 2018 | 2018-12-31 | 51.49% | — |
Fortune Valley Treasures quarterly gross margin
Q2.17
Q3.17
Q3.18
Q2.18
Q3.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2024 | 2024-06-30 | 17.92% | −30.78 pp |
| Q1 2024 | 2024-03-31 | 20.51% | −38.07 pp |
| Q4 2023 | 2023-12-31 | 20.79% | −21.32 pp |
| Q3 2023 | 2023-09-30 | 34.78% | −17.18 pp |
| Q2 2023 | 2023-06-30 | 48.70% | −4.24 pp |
| Q1 2023 | 2023-03-31 | 58.58% | −0.33 pp |
| Q4 2022 | 2022-12-31 | 42.11% | −8.53 pp |
| Q3 2022 | 2022-09-30 | 51.96% | −4.39 pp |
| Q2 2022 | 2022-06-30 | 52.94% | −3.37 pp |
| Q1 2022 | 2022-03-31 | 58.91% | +3.30 pp |
| Q4 2021 | 2021-12-31 | 50.64% | −19.70 pp |
| Q3 2021 | 2021-09-30 | 56.35% | +42.93 pp |
| Q2 2021 | 2021-06-30 | 56.31% | +14.01 pp |
| Q1 2021 | 2021-03-31 | 55.62% | +21.04 pp |
| Q4 2020 | 2020-12-31 | 70.34% | +52.64 pp |
| Q3 2020 | 2020-09-30 | 13.42% | −7.28 pp |
| Q2 2020 | 2020-06-30 | 42.30% | +20.43 pp |
| Q1 2020 | 2020-03-31 | 34.58% | +3.37 pp |
| Q4 2019 | 2019-12-31 | 17.70% | −39.82 pp |
| Q3 2019 | 2019-09-30 | 20.70% | −35.66 pp |
| Q2 2019 | 2019-06-30 | 21.86% | −10.84 pp |
| Q1 2019 | 2019-03-31 | 31.20% | −13.81 pp |
| Q4 2018 | 2018-12-31 | 57.51% | +15.38 pp |
| Q3 2018 · Sep 30 | 2018-09-30 | 56.36% | +15.52 pp |
| Q3 2018 · Jun 30 | 2018-06-30 | 32.70% | −17.13 pp |
| Q2 2018 | 2018-03-31 | 45.01% | — |
| Q3 2018 · Sep 30 | 2017-09-30 | 42.13% | — |
| Q3 2017 · Jun 30 | 2017-06-30 | 40.84% | — |
| Q2 2017 · Mar 31 | 2017-03-31 | 49.83% | — |
Fortune Valley Treasures gross margin trends
Over the last five reported fiscal years, Fortune Valley Treasures's gross margin decreased from 51.49% to 46.77%, a change of −4.72 percentage points. The latest reported quarter, Q2 2024, shows 17.92%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fortune Valley Treasures filings at SEC.gov ↗