GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahaviriya Steel Industries PLC (BKK:SSI-R) » Definitions » Gross Margin %

Sahaviriya Steel Industries (BKK:SSI-R) Gross Margin % : -5.77% (As of Dec. 2019)


View and export this data going back to 1994. Start your Free Trial

What is Sahaviriya Steel Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sahaviriya Steel Industries's Gross Profit for the six months ended in Dec. 2019 was ฿-594.78 Mil. Sahaviriya Steel Industries's Revenue for the six months ended in Dec. 2019 was ฿10,304.57 Mil. Therefore, Sahaviriya Steel Industries's Gross Margin % for the quarter that ended in Dec. 2019 was -5.77%.

Warning Sign:

Sahaviriya Steel Industries PLC gross margin has been in long term decline. The average rate of decline per year is -31.6%.


The historical rank and industry rank for Sahaviriya Steel Industries's Gross Margin % or its related term are showing as below:

BKK:SSI-R' s Gross Margin % Range Over the Past 10 Years
Min: -17.38   Med: 6.81   Max: 23.35
Current: 0.38


During the past 13 years, the highest Gross Margin % of Sahaviriya Steel Industries was 23.35%. The lowest was -17.38%. And the median was 6.81%.

BKK:SSI-R's Gross Margin % is not ranked
in the Steel industry.
Industry Median: 12.94 vs BKK:SSI-R: 0.38

Sahaviriya Steel Industries had a gross margin of -5.77% for the quarter that ended in Dec. 2019 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sahaviriya Steel Industries was -31.60% per year.


Sahaviriya Steel Industries Gross Margin % Historical Data

The historical data trend for Sahaviriya Steel Industries'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.

Sahaviriya Steel Industries Gross Margin % Chart

Sahaviriya Steel Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 23.35 13.78 6.80 0.38

Sahaviriya Steel Industries Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 13.59 11.88 1.36 4.64 -5.77

Competitive Comparison of Sahaviriya Steel Industries's Gross Margin %

For the Steel subindustry, Sahaviriya Steel Industries'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.


Sahaviriya Steel Industries's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahaviriya Steel Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sahaviriya Steel Industries's Gross Margin % falls into.



Sahaviriya Steel Industries Gross Margin % Calculation

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

Sahaviriya Steel Industries's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

Gross Margin % (A: Dec. 2019 )=Gross Profit (A: Dec. 2019 ) / Revenue (A: Dec. 2019 )
=96.5 / 25199.399
=(Revenue - Cost of Goods Sold) / Revenue
=(25199.399 - 25102.857) / 25199.399
=0.38 %

Sahaviriya Steel Industries's Gross Margin for the quarter that ended in Dec. 2019 is calculated as


Gross Margin % (Q: Dec. 2019 )=Gross Profit (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=-594.8 / 10304.572
=(Revenue - Cost of Goods Sold) / Revenue
=(10304.572 - 10899.352) / 10304.572
=-5.77 %

* 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.


Sahaviriya Steel Industries  (BKK:SSI-R) 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

Sahaviriya Steel Industries had a gross margin of -5.77% for the quarter that ended in Dec. 2019 => 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.


Sahaviriya Steel Industries Gross Margin % Related Terms

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


Sahaviriya Steel Industries (BKK:SSI-R) Business Description

Traded in Other Exchanges
N/A
Address
2nd - 3rd Floor, Surasak Road, 28/1 Prapawit Building, Kwang Silom, Khet Bangrak, Bangkok, THA, 10500
Sahaviriya Steel Industries PLC is a producer of hot-rolled steel sheet coils in Southeast Asia. The company's reportable segments consist of Manufacture of hot-rolled coils, Maintenance services, and Deep-sea port services. Its product includes hot-rolled steel sheet in coils and hot-rolled steel sheet pickled and oiled which is used as raw material for industries such as construction, pipe, and tube, gas cylinder, container, furniture, automotive, and cold rolled steel. In addition, it also supplies steel sheets to various sectors such as automobile, energy, transportation and construction sectors.

Sahaviriya Steel Industries (BKK:SSI-R) Headlines

No Headlines