Nhoa Gross Margin Growth & History (NHOA)

Nhoa's gross margin was 20.28% for fiscal 2023.

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Nhoa annual gross margin history

Nhoa annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3120.28%+11.11 pp
20222022-12-319.17%−12.51 pp
20212021-12-3121.68%−13.79 pp
20202020-12-3135.47%

Nhoa gross margin trends

Between the periods ended 2020-12-31 and 2023-12-31, Nhoa's gross margin decreased from 35.47% to 20.28%, a change of −15.19 percentage points.

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 reported gross profit divided by 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.

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