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Optimax Holdings Bhd (XKLS:0222) Gross Margin % : 80.43% (As of Dec. 2023)


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What is Optimax Holdings Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Optimax Holdings Bhd's Gross Profit for the three months ended in Dec. 2023 was RM25.3 Mil. Optimax Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM31.4 Mil. Therefore, Optimax Holdings Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 80.43%.


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

XKLS:0222' s Gross Margin % Range Over the Past 10 Years
Min: 77.06   Med: 78.5   Max: 79.55
Current: 78.42


During the past 8 years, the highest Gross Margin % of Optimax Holdings Bhd was 79.55%. The lowest was 77.06%. And the median was 78.50%.

XKLS:0222's Gross Margin % is ranked better than
83.74% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.54 vs XKLS:0222: 78.42

Optimax Holdings Bhd had a gross margin of 80.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Optimax Holdings Bhd was -0.20% per year.


Optimax Holdings Bhd Gross Margin % Historical Data

The historical data trend for Optimax Holdings Bhd'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.

Optimax Holdings Bhd Gross Margin % Chart

Optimax Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 79.44 79.16 78.10 78.12 78.42

Optimax Holdings Bhd Quarterly Data
Dec18 Mar19 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 77.55 78.50 78.24 76.32 80.43

Competitive Comparison of Optimax Holdings Bhd's Gross Margin %

For the Medical Care Facilities subindustry, Optimax Holdings Bhd'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.


Optimax Holdings Bhd's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Optimax Holdings Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Optimax Holdings Bhd's Gross Margin % falls into.



Optimax Holdings Bhd Gross Margin % Calculation

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

Optimax Holdings Bhd'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 )
=89.4 / 113.953
=(Revenue - Cost of Goods Sold) / Revenue
=(113.953 - 24.587) / 113.953
=78.42 %

Optimax Holdings Bhd'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 )
=25.3 / 31.417
=(Revenue - Cost of Goods Sold) / Revenue
=(31.417 - 6.147) / 31.417
=80.43 %

* 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.


Optimax Holdings Bhd  (XKLS:0222) 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

Optimax Holdings Bhd had a gross margin of 80.43% for the quarter that ended in Dec. 2023 => Durable 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.


Optimax Holdings Bhd Gross Margin % Related Terms

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


Optimax Holdings Bhd (XKLS:0222) Business Description

Traded in Other Exchanges
N/A
Address
No. 145, Jalan Radin Bagus, 1st and 2nd Floor, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000
Optimax Holdings Bhd is a provider of eye specialist services. It offers a range of services with in-house medical ophthalmology at specialist centres such as specialist clinics, ambulatory care centres, and specialist hospitals. The company's ambulatory care centres and specialist hospital are equipped with eye operation theatres, and procedure rooms, general and day care wards, and relevant equipment for surgical procedures. It derives revenue from refractive surgery, treatment of eye diseases and disorders, consultation and dispensary services, oculoplastic treatment, and related services.

Optimax Holdings Bhd (XKLS:0222) Headlines

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