PNE Industries (SGX:BDA) Gross Margin % : 18.11% (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is PNE Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PNE Industries's Gross Profit for the six months ended in Mar. 2024 was S$5.25 Mil. PNE Industries's Revenue for the six months ended in Mar. 2024 was S$28.97 Mil. Therefore, PNE Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 18.11%.

Warning Sign:

PNE Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.6%.

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

SGX:BDA' s Gross Margin % Range Over the Past 10 Years
Min: 19.07 Med: 23.24 Max: 30.44
Current: 19.5

During the past 13 years, the highest Gross Margin % of PNE Industries was 30.44%. The lowest was 19.07%. And the median was 23.24%.

SGX:BDA's Gross Margin % is ranked worse than
62.03% of 2436 companies
in the Hardware industry
Industry Median: 24.465 vs SGX:BDA: 19.50

PNE Industries had a gross margin of 18.11% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PNE Industries was -3.60% per year.

PNE Industries Gross Margin % Historical Data

The historical data trend for PNE 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.

PNE Industries Gross Margin % Chart

PNE Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross Margin %

Get a 7-Day Free Trial

21.71

23.19

19.07

19.58

19.88

PNE Industries Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Gross Margin %	Get a 7-Day Free Trial															21.66	17.34	18.69	20.90	18.11

Competitive Comparison of PNE Industries's Gross Margin %

For the Electronic Components subindustry, PNE 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.

PNE Industries's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, PNE Industries's Gross Margin % distribution charts can be found below:

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

PNE Industries Gross Margin % Calculation

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

PNE Industries's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )	=	Gross Profit (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	10.6	/	53.528
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(53.528 - 42.887)	/	53.528
	=	19.88 %

PNE Industries's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	5.2	/	28.965
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(28.965 - 23.719)	/	28.965
	=	18.11 %

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.

PNE Industries (SGX:BDA) 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

PNE Industries had a gross margin of 18.11% for the quarter that ended in Mar. 2024 => 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.

PNE Industries Gross Margin % Related Terms

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

PNE Industries (SGX:BDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PNE Industries Ltd (SGX:BDA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

996 Bendemeer Road, No. 07-06, Singapore, SGP, 339944

Website

https://www.pne.com.sg

PNE Industries Ltd is an investment holding company. Its business operates in two segments. The Contract Manufacturing segment includes the manufacturing of electronic controllers and other electrical and electronic products. The Trading segment manufacture and trading of emergency lighting equipment and related products. The Contract Manufacturing segment generates maximum revenue for the company. Geographically the company exports its products to the Romania, Netherlands, Singapore, Europe, the People's Republic of China, Malaysia, and other regions.

PNE Industries (SGX:BDA) Headlines

No Headlines