GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Bangkok Chain Hospital PLC (BKK:BCH) » Definitions » Gross Margin %

Bangkok Chain Hospital (BKK:BCH) Gross Margin % : 28.58% (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Bangkok Chain Hospital Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bangkok Chain Hospital's Gross Profit for the three months ended in Mar. 2024 was ฿818 Mil. Bangkok Chain Hospital's Revenue for the three months ended in Mar. 2024 was ฿2,862 Mil. Therefore, Bangkok Chain Hospital's Gross Margin % for the quarter that ended in Mar. 2024 was 28.58%.


The historical rank and industry rank for Bangkok Chain Hospital's Gross Margin % or its related term are showing as below:

BKK:BCH' s Gross Margin % Range Over the Past 10 Years
Min: 29.96   Med: 32.41   Max: 50.77
Current: 31.32


During the past 13 years, the highest Gross Margin % of Bangkok Chain Hospital was 50.77%. The lowest was 29.96%. And the median was 32.41%.

BKK:BCH's Gross Margin % is ranked worse than
64.04% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.53 vs BKK:BCH: 31.32

Bangkok Chain Hospital had a gross margin of 28.58% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bangkok Chain Hospital was 0.10% per year.


Bangkok Chain Hospital Gross Margin % Historical Data

The historical data trend for Bangkok Chain Hospital's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bangkok Chain Hospital Gross Margin % Chart

Bangkok Chain Hospital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.40 33.47 50.77 32.41 31.25

Bangkok Chain Hospital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.07 30.62 34.31 31.43 28.58

Competitive Comparison of Bangkok Chain Hospital's Gross Margin %

For the Medical Care Facilities subindustry, Bangkok Chain Hospital's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bangkok Chain Hospital's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bangkok Chain Hospital's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bangkok Chain Hospital's Gross Margin % falls into.



Bangkok Chain Hospital Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Bangkok Chain Hospital's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3688.4 / 11803.962
=(Revenue - Cost of Goods Sold) / Revenue
=(11803.962 - 8115.544) / 11803.962
=31.25 %

Bangkok Chain Hospital's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=818 / 2861.704
=(Revenue - Cost of Goods Sold) / Revenue
=(2861.704 - 2043.721) / 2861.704
=28.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Bangkok Chain Hospital  (BKK:BCH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bangkok Chain Hospital had a gross margin of 28.58% for the quarter that ended in Mar. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Bangkok Chain Hospital Gross Margin % Related Terms

Thank you for viewing the detailed overview of Bangkok Chain Hospital's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bangkok Chain Hospital (BKK:BCH) Business Description

Traded in Other Exchanges
Address
44 Moo 4, Chaengwattana Road, Pakkred, Nonthaburi, THA, 11120
Bangkok Chain Hospital PLC is engaged in operating private hospitals, nursing businesses to provide medical treatment to patients with a total of 15 chained hospitals in Bangkok vicinity, Chiang Rai, Saraburi, Nonthaburi, Pathumthani, Ayudhaya, Chachoengsao, Prachinburi, Sa Kaeo Province, and Lao People's Democratic Republic as well as selling healthy drinks, providing medical analysis and research services in operation rooms, and providing assets management services relevant to the hospital and property for rent. Its geographical segments are the Kingdom of Thailand and the Lao People's Democratic Republic.

Bangkok Chain Hospital (BKK:BCH) Headlines