Patrangsit Healthcare Group PCL (BKK:PHG) Gross Margin % : 30.30% (As of Dec. 2023)

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What is Patrangsit Healthcare Group PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Patrangsit Healthcare Group PCL's Gross Profit for the three months ended in Dec. 2023 was ฿181 Mil. Patrangsit Healthcare Group PCL's Revenue for the three months ended in Dec. 2023 was ฿597 Mil. Therefore, Patrangsit Healthcare Group PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 30.30%.

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

BKK:PHG' s Gross Margin % Range Over the Past 10 Years
Min: 26.82 Med: 29.81 Max: 31.97
Current: 28.2

During the past 3 years, the highest Gross Margin % of Patrangsit Healthcare Group PCL was 31.97%. The lowest was 26.82%. And the median was 29.81%.

BKK:PHG's Gross Margin % is ranked worse than
69.46% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.4 vs BKK:PHG: 28.20

Patrangsit Healthcare Group PCL had a gross margin of 30.30% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Patrangsit Healthcare Group PCL was 0.00% per year.

Patrangsit Healthcare Group PCL Gross Margin % Historical Data

The historical data trend for Patrangsit Healthcare 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.

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Patrangsit Healthcare Group PCL Gross Margin % Chart

Patrangsit Healthcare Group PCL Annual Data

Trend

Dec21

Dec22

Dec23

Gross Margin %

31.97

29.81

26.82

Patrangsit Healthcare Group PCL Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial			30.69	17.10	25.83	28.01	30.30

Competitive Comparison of Patrangsit Healthcare Group PCL's Gross Margin %

For the Medical Care Facilities subindustry, Patrangsit Healthcare 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.

Patrangsit Healthcare Group PCL's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patrangsit Healthcare Group PCL's Gross Margin % distribution charts can be found below:

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

Patrangsit Healthcare Group PCL Gross Margin % Calculation

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

Patrangsit Healthcare 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 )
	=	573.3	/	2137.961
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2137.961 - 1564.656)	/	2137.961
	=	26.82 %

Patrangsit Healthcare 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 )
	=	180.9	/	596.932
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(596.932 - 416.069)	/	596.932
	=	30.30 %

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.

Patrangsit Healthcare Group PCL (BKK:PHG) 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

Patrangsit Healthcare Group PCL had a gross margin of 30.30% for the quarter that ended in Dec. 2023 => 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.

Patrangsit Healthcare Group PCL Gross Margin % Related Terms

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Patrangsit Healthcare Group PCL (BKK:PHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patrangsit Healthcare Group PCL (BKK:PHG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phaholyothin Road, 733/345 and 733/346 Moo 8, Khu Khot, Lam Luk Ka, Pathum Thani, Bangkok, THA, 12130

Website

https://www.patrangsit.com

Patrangsit Healthcare Group PCL is engaged in the hospital business. It is a medical provider with a team of skilled medical professionals. The company expanded the hospital and area By establishing more hospitals in the network, totaling 3 hospitals, consisting of Phaet Rangsit Hospital, Phaet Rangsit 2 Hospital, and Rangsit Maternal and Child Specialist Hospital To be able to cover a variety of specialized medical services.