GD Culture (GDC) Gross Margin (2017 - 2023)
GD Culture (GDC) reported Gross Margin of 10.26% for Q2 2023, down 59.79% sequentially from 25.51% in Q1 2023.
GD Culture (GDC) Gross Margin (2017 - 2023) Analysis & Trends
GD Culture (GDC) has 7 years of Gross Margin data on file, last reported at 10.26% in Q2 2023.
- For the quarter ending Q2 2023, Gross Margin changed N/A year-over-year to 10.26%; the trailing twelve-month figure through Sep 2023 stood at 58.95% (changed N/A YoY), and the FY2022 full-year result was 1398.66%, up 136490.0% from the prior year.
- Gross Margin fell to 10.26% in Q2 2023, from 25.51% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 98.47% in Q3 2021 to a low of 7.05% in Q4 2021.
- A 5-year average of 24.52% and a median of 5.93% in 2021 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 22514 bps in 2019 and surged 10052 bps in 2021, its largest moves.
- Tracing GDC's Gross Margin over 5 years: stood at 6.3% in 2019, then surged by 1367 bps to 92.38% in 2020, then sank by 108 bps to 7.05% in 2021, then soared by 489 bps to 27.42% in 2022, then sank by 63 bps to 10.26% in 2023.
- Business Quant data shows GDC's Gross Margin at 10.26% in Q2 2023, 25.51% in Q1 2023, and 27.42% in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 52.46 Bn | 49.60 Bn | 1.76 Bn | 82.83% |
| 2 | Take Two Interactive Software | 48.15 Bn | 47.69 Bn | 938.70 Mn | 55.88% |
| 3 | Roblox | 33.85 Bn | 30.63 Bn | 1.15 Bn | 79.61% |
| 4 | Gdev | 2.31 Bn | 2.31 Bn | 85.00 Mn | 85.86% |
| 5 | NetEase | 2.16 Bn | -7,331,731.34 Bn | 3.06 Bn | 69.36% |
| 6 | Playtika Holding | 1.35 Bn | 575.11 Mn | 552.50 Mn | 74.19% |
| 7 | Gravity | 418.32 Mn | 418.18 Mn | 35,341.61 | 31.91% |
| 8 | Meridian Holdings | 152.70 Mn | 138.17 Mn | 28.14 Mn | 56.17% |
| 9 | Firy | 128.08 Mn | -57.32 Mn | 25.51 Mn | 87.64% |
| 10 | GD Culture | 55,271.10 | 339,596.10 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 10.26% |
| Mar 31, 2023 | 25.51% |
| Mar 31, 2022 | 27.42% |
| Dec 31, 2021 | -7.05% |
| Sep 30, 2021 | 98.47% |
| Jun 30, 2021 | 95.60% |
| Mar 31, 2021 | 5.93% |
| Dec 31, 2020 | 92.38% |
| Sep 30, 2020 | -2.05% |
| Jun 30, 2020 | 2.93% |
| Mar 31, 2020 | 3.53% |
| Dec 31, 2019 | 6.30% |
| Sep 30, 2019 | 2.25% |
| Jun 30, 2019 | 2.69% |
| Mar 31, 2019 | 3.61% |
| Dec 31, 2018 | 231.43% |
| Sep 30, 2018 | 100.24% |
| Jun 30, 2018 | 18.70% |
| Mar 31, 2018 | 182.04% |
| Dec 31, 2017 | 1.37% |