Fortune Valley Treasures (FVTI) Gross Margin (2017 - 2024)
Fortune Valley Treasures (FVTI) reported Gross Margin of 17.92% for Q2 2024, down 30.78 percentage points from 48.70% a year earlier and down 2.59 percentage points from the prior quarter.
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Analysis
Fortune Valley Treasures (FVTI) Gross Margin (2017 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2024, Fortune Valley Treasures' Gross Margin came in at 27.27%, down 22.33 percentage points year-over-year; for FY2023, it came in at 46.77%, down 3.49 percentage points from FY2022.
- Gross Margin has declined for three consecutive years, with a five-year change of -4.72 percentage points (FY2018 to FY2023).
- By year, Gross Margin came in at 50.26% in FY2022 (-4.12 pp), 54.38% in FY2021 (-12.19 pp), 66.57% in FY2020 (+45.13 pp) and 21.44% in FY2019 (-30.05 pp).
- The Q2 2024 figure ranks as the lowest quarterly Gross Margin since Q3 2020.
- Year over year, Gross Margin has now declined in each of the last nine quarters, with an average year-over-year change of -15.60 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q4 2020 (a gain of 52.64 percentage points); the low point was Q4 2019 (a drop of 39.82 percentage points).
- Per Business Quant data, the three quarters before Q2 2024 came in at 20.51% (Q1 2024), 20.79% (Q4 2023) and 34.78% (Q3 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 17.92% |
| Mar 31, 2024 | 20.51% |
| Dec 31, 2023 | 20.79% |
| Sep 30, 2023 | 34.78% |
| Jun 30, 2023 | 48.70% |
| Mar 31, 2023 | 58.58% |
| Dec 31, 2022 | 42.11% |
| Sep 30, 2022 | 51.96% |
| Jun 30, 2022 | 52.94% |
| Mar 31, 2022 | 58.91% |
| Dec 31, 2021 | 50.64% |
| Sep 30, 2021 | 56.35% |
| Jun 30, 2021 | 56.31% |
| Mar 31, 2021 | 55.62% |
| Dec 31, 2020 | 70.34% |
| Sep 30, 2020 | 13.42% |
| Jun 30, 2020 | 42.30% |
| Mar 31, 2020 | 34.58% |
| Dec 31, 2019 | 17.70% |
| Sep 30, 2019 | 20.70% |
API Access
Fortune Valley Treasures Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FVTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FVTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();