As of June 16, 2025, New Momentum Corp (NNAX) reports a Gross Margin of 100.00%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of New Momentum Corp's Gross Margin
Over recent years, New Momentum Corp's Gross Margin has shown significant volatility. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2024-12-31 | 100.00% |
| 2023-12-31 | 1.50% |
| 2022-12-31 | 1.08% |
| 2021-12-31 | - |
| 2020-12-31 | 4.17% |
This steady improvement highlights how New Momentum Corp manages its operational efficiency and pricing power over time.
Comparing New Momentum Corp's Gross Margin to Peers
To better understand New Momentum Corp's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| New Momentum Corp (NNAX) | 100.00% |
| Guozi Zhongyu Capital Holdings Co (GZCC) | 91.30% |
| Nuveen New York Municipal Value Fund (NNY) | 88.65% |
| Ranger Oil Corp (ROCC) | 83.94% |
| Western Asset Intermediate Muni Fund Inc (SBI) | 78.47% |
| Western Asset Municipal Partners Fund Inc (MNP) | 75.68% |
Compared to its competitors, New Momentum Corp's Gross Margin is higher than all peers, indicating superior product pricing power or cost efficiency in production.