GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Resintech Bhd (XKLS:7232) » Definitions » Gross Margin %

Resintech Bhd (XKLS:7232) Gross Margin % : 18.00% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Resintech Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Resintech Bhd's Gross Profit for the three months ended in Dec. 2023 was RM4.75 Mil. Resintech Bhd's Revenue for the three months ended in Dec. 2023 was RM26.38 Mil. Therefore, Resintech Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 18.00%.


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

XKLS:7232' s Gross Margin % Range Over the Past 10 Years
Min: 14.62   Med: 18.69   Max: 25.62
Current: 19.23


During the past 13 years, the highest Gross Margin % of Resintech Bhd was 25.62%. The lowest was 14.62%. And the median was 18.69%.

XKLS:7232's Gross Margin % is ranked better than
50.09% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs XKLS:7232: 19.23

Resintech Bhd had a gross margin of 18.00% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Resintech Bhd was 4.30% per year.


Resintech Bhd Gross Margin % Historical Data

The historical data trend for Resintech 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.

Resintech Bhd Gross Margin % Chart

Resintech Bhd Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.38 15.43 24.19 25.62 20.95

Resintech Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 10.93 15.54 19.37 20.27 18.00

Competitive Comparison of Resintech Bhd's Gross Margin %

For the Building Products & Equipment subindustry, Resintech 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.


Resintech Bhd's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Resintech Bhd's Gross Margin % distribution charts can be found below:

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



Resintech Bhd Gross Margin % Calculation

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

Resintech Bhd's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )=Gross Profit (A: Mar. 2022 ) / Revenue (A: Mar. 2022 )
=16.9 / 80.585
=(Revenue - Cost of Goods Sold) / Revenue
=(80.585 - 63.702) / 80.585
=20.95 %

Resintech 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 )
=4.8 / 26.382
=(Revenue - Cost of Goods Sold) / Revenue
=(26.382 - 21.632) / 26.382
=18.00 %

* 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.


Resintech Bhd  (XKLS:7232) 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

Resintech Bhd had a gross margin of 18.00% 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.


Resintech Bhd Gross Margin % Related Terms

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


Resintech Bhd (XKLS:7232) Business Description

Traded in Other Exchanges
N/A
Address
Lot 3 and 5, Jalan Waja 14, Kawasan Perindustrian, Telok Panglima Garang, Telok Panglima Garang, SGR, MYS, 42500
Resintech Bhd engages in the provision of management services. It is involved in innovating, designing, manufacturing, and marketing a diversified range of uPVC and Polyethylene products. The company operates through the following segments: Manufacturing and Trading; Services; Investment Holding; Services and Others. The Manufacturing and Trading segment of the company is involved in the manufacturing and trading of a diversified range of plastics pipes, water tanks, and fittings; the services segment is the property holding, and the Investment Holding segment refers to investments. The firm's majority revenue gets generated through the Manufacturing and Trading segment. Malaysia contributes to the majority of total revenue.

Resintech Bhd (XKLS:7232) Headlines

No Headlines