2 Cheap Cars Group Ltd
NZX:2CC

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2 Cheap Cars Group Ltd Logo
2 Cheap Cars Group Ltd
NZX:2CC
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Price: 0.84 NZD 2.44% Market Closed
Market Cap: 38.3m NZD
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Gross Margin
2 Cheap Cars Group Ltd

23.8%
Current
22%
Average
32.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
23.8%
=
Gross Profit
20.7m
/
Revenue
86.8m

Gross Margin Across Competitors

Country NZ
Market Cap 38.3m NZD
Gross Margin
24%
Country US
Market Cap 70.8B USD
Gross Margin
51%
Country US
Market Cap 53.8B USD
Gross Margin
53%
Country US
Market Cap 49.9B USD
Gross Margin
20%
Country ZA
Market Cap 20.2B Zac
Gross Margin
21%
Country US
Market Cap 12.1B USD
Gross Margin
11%
Country US
Market Cap 10.8B USD
Gross Margin
16%
Country TW
Market Cap 349.3B TWD
Gross Margin
11%
Country US
Market Cap 10.7B USD
Gross Margin
11%
Country US
Market Cap 9.9B USD
Gross Margin
16%
Country ZA
Market Cap 8B Zac
Gross Margin
0%

Profitability Report

View the profitability report to see the full profitability analysis for 2 Cheap Cars Group Ltd.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
23.8%
=
Gross Profit
20.7m
/
Revenue
86.8m
What is the Gross Margin of 2 Cheap Cars Group Ltd?

Based on 2 Cheap Cars Group Ltd's most recent financial statements, the company has Gross Margin of 23.8%.