Wah Fu Education Group Limited Gross Margin

Gross Margin of WAFU for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.

Highlights and Quick Summary

  • Gross Margin for the quarter ending September 29, 2020 was 56.48% (a 40.18% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin increased by 109.34%
  • Annual Gross Margin for 2020 was 39.92% (a -14.57% decrease from previous year)
  • Annual Gross Margin for 2019 was 46.73% (a -25.4% decrease from previous year)
  • Annual Gross Margin for 2018 was 62.64% (a 7.24% increase from previous year)
  • Twelve month Gross Margin ending September 29, 2020 was 43.1% (a -0.32% decrease compared to previous quarter)
Trailing Gross Margin for the last four month:
29 Sep '20 30 Mar '20
43.1% 43.24%
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Historical Gross Margin of Wah Fu Education Group Limited

Most recent Gross Marginof WAFU including historical data for past 10 years.

Interactive Chart of Gross Margin of Wah Fu Education Group Limited

Wah Fu Education Group Limited Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 56.48% 40.29% 39.92%
2019 39.45% 26.98% 46.73%
2018 63.51% 62.64%
2017 58.41%
2016 63.78%

Business Profile of Wah Fu Education Group Limited

Sector: Consumer Defensive
Industry: Education & Training Services
Wah Fu Education Group Limited, through its subsidiaries, provides online exam preparation services and related technology solutions in the People's Republic of China. The company operates in two segments, Online Education Services; and Technological Development and Operation Services. The Online Education Services segment offers online education platforms to institutions, such as universities and training institutions, and online course development service companies. This segment provides self-study examination, continuing education, and non-diploma training platforms that allow students to enroll in courses for college credit; vocational education 1+X and higher vocational enrollment expansion teaching and educational administration platform; Huafu e-school system and paperless examination platform; and online training and examination preparation services directly to students. The Technological Development and Operation Services segment develops and maintains online education platforms and online courses for its clients, including universities and government agencies, as well as private clients, such as publishers; and provides consulting, maintenance, and updating services related to online education programs. Wah Fu Education Group Limited was founded in 1999 and is headquartered in Beijing, the People's Republic of China.