VANGUARD GREEN INVESTMENT LIMITED (VGES) Gross margin 2020–2024
VANGUARD GREEN INVESTMENT LIMITED (VGES) gross margin by fiscal year — reported gross profit divided by reported revenue.
10.0%FY2024 · since FY2020: 66.1% → 10.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | 10.0% | -43.1 pp |
| FY2023 | 53.1% | -20.4 pp |
| FY2022 | 73.5% | -15.6 pp |
| FY2021 | 89.1% | +23.0 pp |
| FY2020 | 66.1% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice