Paramount Bhd (XKLS:1724) Gross Margin % : 0.00% (As of Mar. 2024)

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What is Paramount Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Paramount Bhd's Gross Profit for the three months ended in Mar. 2024 was RM172.6 Mil. Paramount Bhd's Revenue for the three months ended in Mar. 2024 was RM172.6 Mil. Therefore, Paramount Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Paramount Corp Bhd gross margin has been in long-term decline. The average rate of decline per year is -4%.

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

During the past 13 years, the highest Gross Margin % of Paramount Bhd was 55.74%. The lowest was 25.67%. And the median was 33.43%.

XKLS:1724's Gross Margin % is not ranked ^*
in the Real Estate industry.
Industry Median: 36.465
* Ranked among companies with meaningful Gross Margin % only.

Paramount Bhd had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Paramount Bhd was -4.00% per year.

Paramount Bhd Gross Margin % Historical Data

The historical data trend for Paramount 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.

Paramount Bhd Gross Margin % Chart

Paramount Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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32.88

29.25

25.67

28.17

28.74

Paramount Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Paramount Bhd's Gross Margin %

For the Real Estate - Development subindustry, Paramount 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.

Paramount Bhd's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Paramount Bhd's Gross Margin % distribution charts can be found below:

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

Paramount Bhd Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Paramount 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 )
	=	290.9	/	1012.252
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1012.252 - 721.376)	/	1012.252
	=	28.74 %

Paramount Bhd'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 )
	=	172.6	/	172.606
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(172.606 - 0)	/	172.606
	=	N/A %

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.

Paramount Bhd (XKLS:1724) 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

Paramount Bhd had a gross margin of N/A% 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.

Paramount Bhd Gross Margin % Related Terms

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Paramount Bhd (XKLS:1724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Paramount Corp Bhd (XKLS:1724) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400

Website

https://www.pcb.my

Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Coworking, and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Coworking segment includes the operation of coworking spaces and incubator-related services. Investment and Others segment is involved in the investment holding and provision of group-level corporate services and property investment of campus building.

Paramount Bhd (XKLS:1724) Headlines

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