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QTC Energy PCL (BKK:QTC) Gross Margin % : 22.32% (As of Dec. 2023)


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What is QTC Energy PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. QTC Energy PCL's Gross Profit for the three months ended in Dec. 2023 was ฿113 Mil. QTC Energy PCL's Revenue for the three months ended in Dec. 2023 was ฿508 Mil. Therefore, QTC Energy PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 22.32%.

Warning Sign:

QTC Energy PCL gross margin has been in long-term decline. The average rate of decline per year is -12.6%.


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

BKK:QTC' s Gross Margin % Range Over the Past 10 Years
Min: 5.21   Med: 22.83   Max: 36.25
Current: 17.1


During the past 13 years, the highest Gross Margin % of QTC Energy PCL was 36.25%. The lowest was 5.21%. And the median was 22.83%.

BKK:QTC's Gross Margin % is ranked worse than
76.1% of 2937 companies
in the Industrial Products industry
Industry Median: 26.39 vs BKK:QTC: 17.10

QTC Energy PCL had a gross margin of 22.32% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for QTC Energy PCL was -12.60% per year.


QTC Energy PCL Gross Margin % Historical Data

The historical data trend for QTC Energy 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.

QTC Energy PCL Gross Margin % Chart

QTC Energy PCL 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 36.25 30.70 25.30 12.20 17.10

QTC Energy 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 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 9.29 7.04 12.11 19.04 22.32

Competitive Comparison of QTC Energy PCL's Gross Margin %

For the Electrical Equipment & Parts subindustry, QTC Energy 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.


QTC Energy PCL's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, QTC Energy PCL's Gross Margin % distribution charts can be found below:

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



QTC Energy PCL Gross Margin % Calculation

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

QTC Energy 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 )
=228.6 / 1337.116
=(Revenue - Cost of Goods Sold) / Revenue
=(1337.116 - 1108.492) / 1337.116
=17.10 %

QTC Energy 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 )
=113.5 / 508.231
=(Revenue - Cost of Goods Sold) / Revenue
=(508.231 - 394.775) / 508.231
=22.32 %

* 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.


QTC Energy PCL  (BKK:QTC) 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

QTC Energy PCL had a gross margin of 22.32% 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.


QTC Energy PCL Gross Margin % Related Terms

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


QTC Energy PCL (BKK:QTC) Business Description

Traded in Other Exchanges
N/A
Address
Krungthep Kritha Road, 2/2 Soi Krungthep Kritha 8(5), Huamark, Bangkapi, Bangkok, THA, 10240
QTC Energy PCL is engaged in the businesses of manufacturing and distributing custom-made transformers and provides various types of services for customers. The company has three reportable segments as follows: Manufacturing and sale of electric transformer segment, Sale of electric equipment segment and Manufacturing and sale of electricity segment. The company operates in Thailand.

QTC Energy PCL (BKK:QTC) Headlines

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