Sincerity Applied Materials Holdings Corp. (SINC) Gross Margin (2016 - 2022)

Sincerity Applied Materials Holdings has reported Gross Margin for 7 years, with the latest figure at 362.75% in Q2 2022.

• For the quarter ending Q2 2022, Gross Margin fell 61239.0% year-over-year to 362.75%; the trailing twelve-month figure through Jun 2022 stood at 22.24% (down 1130.0% YoY), and the FY2021 full-year result was 66.06%, up 4068.0% from the prior year.
• Gross Margin for Q2 2022 stood at 362.75%, down from 100.0% in the prior quarter.
• The five-year high for Gross Margin was 249.65% in Q2 2021, with the low at 362.75% in Q2 2022.
• Historically, Gross Margin has averaged 17.29% across 5 years, with a median of 11.13% in 2018.
• Annual changes were most pronounced in 2018 — Gross Margin jumped 28353 bps — and 2022, when it tumbled 61239 bps.
• Sincerity Applied Materials Holdings' Gross Margin stood at 3.32% in 2018, then jumped by 1153 bps to 41.62% in 2019, then soared by 39 bps to 57.91% in 2020, then soared by 148 bps to 143.64% in 2021, then slumped by 353 bps to 362.75% in 2022.
• The last three Gross Margin figures came in at 362.75% (Q2 2022), 100.0% (Q1 2022), and 143.64% (Q4 2021), per Business Quant data.