GD Culture (GDC) Gross Margin (2017 - 2023)
GD Culture (GDC) posted 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 has reported Gross Margin for 7 years, with the latest figure at 10.26% in Q2 2023.
- Quarterly Gross Margin changed N/A year-over-year to 10.26% in Q2 2023, while the trailing twelve-month figure through Sep 2023 was 58.95% (changed N/A YoY) and the FY2022 annual result came in at 1398.66%, up 136490.0% from the prior year.
- Gross Margin fell to 10.26% in Q2 2023 per GDC's latest filing, from 25.51% in the prior quarter.
- Over five years, Gross Margin peaked at 98.47% in Q3 2021 and troughed at 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.
- The sharpest annual moves came in 2019 and 2021: Gross Margin plunged 22514 bps in 2019, then jumped 10052 bps in 2021.
- Over 5 years, Gross Margin stood at 6.3% in 2019, then surged by 1367 bps to 92.38% in 2020, then plunged by 108 bps to 7.05% in 2021, then soared by 489 bps to 27.42% in 2022, then plunged by 63 bps to 10.26% in 2023.
- According to Business Quant data, Gross Margin over the past three periods registered 10.26%, 25.51%, and 27.42% for Q2 2023, Q1 2023, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 76.41 Bn | -13,107,909.00 Bn | 3.06 Bn | 69.36% |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 86.20% |
| 3 | Take Two Interactive Software | 44.66 Bn | 42.84 Bn | 882.50 Mn | 57.53% |
| 4 | Roblox | 27.67 Bn | 24.66 Bn | 1.18 Bn | 80.12% |
| 5 | Playtika Holding | 896.31 Mn | 457.81 Mn | 538.20 Mn | 73.62% |
| 6 | DoubleDown Interactive | 632.30 Mn | 177.08 Mn | 71.22 Mn | 75.54% |
| 7 | Gravity | 490.49 Mn | 490.06 Mn | 34,891.11 | 32.33% |
| 8 | Sohu.com | 366.49 Mn | -466.48 Mn | 106.58 Mn | 78.64% |
| 9 | Gdev | 202.43 Mn | 202.43 Mn | - | - |
| 10 | GD Culture | 2.40 Mn | 2.40 Mn | - | - |
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% |