CI Group PCL (BKK:CIG) Gross Margin % : 5.14% (As of Dec. 2023)

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What is CI Group PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CI Group PCL's Gross Profit for the three months ended in Dec. 2023 was ฿5.4 Mil. CI Group PCL's Revenue for the three months ended in Dec. 2023 was ฿105.2 Mil. Therefore, CI Group PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 5.14%.

The historical rank and industry rank for CI Group PCL's Gross Margin % or its related term are showing as below:

BKK:CIG' s Gross Margin % Range Over the Past 10 Years
Min: 3.73 Med: 13.43 Max: 15.64
Current: 13.27

During the past 13 years, the highest Gross Margin % of CI Group PCL was 15.64%. The lowest was 3.73%. And the median was 13.43%.

BKK:CIG's Gross Margin % is ranked worse than
76.47% of 2439 companies
in the Hardware industry
Industry Median: 24.37 vs BKK:CIG: 13.27

CI Group PCL had a gross margin of 5.14% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CI Group PCL was 13.60% per year.

CI Group PCL Gross Margin % Historical Data

The historical data trend for CI Group PCL'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.

CI Group PCL Gross Margin % Chart

CI Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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3.73

6.04

11.68

13.76

13.27

CI Group PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															7.83	2.63	26.29	11.30	5.14

Competitive Comparison of CI Group PCL's Gross Margin %

For the Electronic Components subindustry, CI Group PCL'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.

CI Group PCL's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CI Group PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CI Group PCL's Gross Margin % falls into.

CI Group PCL Gross Margin % Calculation

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

CI Group PCL'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 )
	=	80	/	603.097
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(603.097 - 523.082)	/	603.097
	=	13.27 %

CI Group PCL's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5.4	/	105.166
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(105.166 - 99.764)	/	105.166
	=	5.14 %

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.

CI Group PCL (BKK:CIG) 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

CI Group PCL had a gross margin of 5.14% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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.

CI Group PCL Gross Margin % Related Terms

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CI Group PCL (BKK:CIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CI Group PCL (BKK:CIG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/1, Moo 7, Bangkoowad Road, Tambol Bangkoowad, Amphor Muang, Pathumthani, THA, 12000

Website

https://www.cigpcl.com

CI Group PCL is a Thailand-based company primarily engaged in the manufacturing and distribution of coils for air conditioners. Its products include evaporator coils, condenser coils, chilled water coils, which are the components of air conditioners, chillers, heat exchangers, and other kinds of cooling units. The company operates in the segments of Air-conditioning products and parts that manufactures and distributes air-conditioning and refrigeration units and parts, including maintenance, inspection services; Hotel services, and Construction services segment. The majority of the revenue is derived from the Air-conditioning products segment.