SG Capital PCL (BKK:SGC) Gross Margin % : 7.12% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is SG Capital PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SG Capital PCL's Gross Profit for the three months ended in Dec. 2023 was ฿31 Mil. SG Capital PCL's Revenue for the three months ended in Dec. 2023 was ฿429 Mil. Therefore, SG Capital PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 7.12%.

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

BKK:SGC' s Gross Margin % Range Over the Past 10 Years
Min: 59.54 Med: 64.65 Max: 73.57
Current: 59.54

During the past 5 years, the highest Gross Margin % of SG Capital PCL was 73.57%. The lowest was 59.54%. And the median was 64.65%.

BKK:SGC's Gross Margin % is ranked better than
55.59% of 358 companies
in the Credit Services industry
Industry Median: 53.9 vs BKK:SGC: 59.54

SG Capital PCL had a gross margin of 7.12% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SG Capital PCL was 0.00% per year.

SG Capital PCL Gross Margin % Historical Data

The historical data trend for SG Capital 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.

SG Capital PCL Gross Margin % Chart

SG Capital PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

73.57

66.59

62.71

59.54

SG Capital PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial						37.50	75.70	73.05	69.60	7.12

Competitive Comparison of SG Capital PCL's Gross Margin %

For the Credit Services subindustry, SG Capital 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.

SG Capital PCL's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SG Capital PCL's Gross Margin % distribution charts can be found below:

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

SG Capital PCL Gross Margin % Calculation

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

SG Capital 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 )
	=	1244.1	/	2089.38
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2089.38 - 845.329)	/	2089.38
	=	59.54 %

SG Capital 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 )
	=	30.5	/	428.892
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(428.892 - 398.375)	/	428.892
	=	7.12 %

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.

SG Capital PCL (BKK:SGC) 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

SG Capital PCL had a gross margin of 7.12% 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.

SG Capital PCL Gross Margin % Related Terms

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

SG Capital PCL (BKK:SGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SG Capital PCL (BKK:SGC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72 Charoen Krung Road, Telecommunication Tower, Building 20th Floor, Bangrak, Bangkok, THA, 10500

Website

https://www.sgcapital.co.th

SG Capital PCL is engaged in providing financial services to non-financial institutions. It offers various services such as hire-purchase of electrical appliances and household appliances, commercial appliances and machinery (Captive Finance); and loans with vehicle registration as collateral (trucks, passenger cars, commercial vehicles), debt consolidation welfare loans, and gold installment loans (Click2Gold) under the name SG Capital. The Company is managed and operates principally in Thailand.