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Atlas Consolidated Mining & Development (PHS:AT) Gross Margin % : 16.49% (As of Dec. 2023)


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What is Atlas Consolidated Mining & Development Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Atlas Consolidated Mining & Development's Gross Profit for the three months ended in Dec. 2023 was ₱839 Mil. Atlas Consolidated Mining & Development's Revenue for the three months ended in Dec. 2023 was ₱5,086 Mil. Therefore, Atlas Consolidated Mining & Development's Gross Margin % for the quarter that ended in Dec. 2023 was 16.49%.


The historical rank and industry rank for Atlas Consolidated Mining & Development's Gross Margin % or its related term are showing as below:

PHS:AT' s Gross Margin % Range Over the Past 10 Years
Min: 5.06   Med: 18.88   Max: 34.89
Current: 17.92


During the past 13 years, the highest Gross Margin % of Atlas Consolidated Mining & Development was 34.89%. The lowest was 5.06%. And the median was 18.88%.

PHS:AT's Gross Margin % is ranked worse than
52.62% of 707 companies
in the Metals & Mining industry
Industry Median: 19.03 vs PHS:AT: 17.92

Atlas Consolidated Mining & Development had a gross margin of 16.49% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Atlas Consolidated Mining & Development was -0.50% per year.


Atlas Consolidated Mining & Development Gross Margin % Historical Data

The historical data trend for Atlas Consolidated Mining & Development'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.

Atlas Consolidated Mining & Development Gross Margin % Chart

Atlas Consolidated Mining & Development 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 19.84 30.04 34.89 7.56 17.92

Atlas Consolidated Mining & Development 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 -3.36 18.30 23.12 13.09 16.49

Competitive Comparison of Atlas Consolidated Mining & Development's Gross Margin %

For the Copper subindustry, Atlas Consolidated Mining & Development'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.


Atlas Consolidated Mining & Development's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atlas Consolidated Mining & Development's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Atlas Consolidated Mining & Development's Gross Margin % falls into.



Atlas Consolidated Mining & Development Gross Margin % Calculation

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

Atlas Consolidated Mining & Development'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 )
=3380.9 / 18865.013
=(Revenue - Cost of Goods Sold) / Revenue
=(18865.013 - 15484.092) / 18865.013
=17.92 %

Atlas Consolidated Mining & Development'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 )
=838.6 / 5086.153
=(Revenue - Cost of Goods Sold) / Revenue
=(5086.153 - 4247.567) / 5086.153
=16.49 %

* 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.


Atlas Consolidated Mining & Development  (PHS:AT) 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

Atlas Consolidated Mining & Development had a gross margin of 16.49% 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.


Atlas Consolidated Mining & Development Gross Margin % Related Terms

Thank you for viewing the detailed overview of Atlas Consolidated Mining & Development's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Consolidated Mining & Development (PHS:AT) Business Description

Traded in Other Exchanges
N/A
Address
Palm Coast Avenue Corner Pacific Drive, 5th Floor, Five E-Com Center, Mall of Asia Complex, Metro Manila, Pasay, RIZ, PHL, 1300
Atlas Consolidated Mining & Development Corp is engaged in metallic mineral mining and exploration and produces copper concentrate, magnetite iron ore concentrate, and others. The company operates in two segments Mining and Non-Mining. Its mining segment is engaged in exploration and mining operations and the non-mining segment is engaged in services, bulk water supply or acts as holding company. The company generates a majority of its revenue from the Mining Segment. It is also engaged in the development and commercial production of other marketable by-products such as pyrite, magnetite, and molybdenum.

Atlas Consolidated Mining & Development (PHS:AT) Headlines

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