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Lee Swee Kiat Group Bhd (XKLS:8079) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Lee Swee Kiat Group Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lee Swee Kiat Group Bhd's Gross Profit for the three months ended in Dec. 2023 was RM34.2 Mil. Lee Swee Kiat Group Bhd's Revenue for the three months ended in Dec. 2023 was RM34.2 Mil. Therefore, Lee Swee Kiat Group Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 13 years, the highest Gross Margin % of Lee Swee Kiat Group Bhd was 45.23%. The lowest was 31.29%. And the median was 35.04%.

XKLS:8079's Gross Margin % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 28.645
* Ranked among companies with meaningful Gross Margin % only.

Lee Swee Kiat Group Bhd had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lee Swee Kiat Group Bhd was 3.20% per year.


Lee Swee Kiat Group Bhd Gross Margin % Historical Data

The historical data trend for Lee Swee Kiat Group 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.

Lee Swee Kiat Group Bhd Gross Margin % Chart

Lee Swee Kiat Group Bhd 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 38.00 33.12 33.06 39.08 45.23

Lee Swee Kiat Group Bhd 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 - - - - -

Competitive Comparison of Lee Swee Kiat Group Bhd's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Lee Swee Kiat Group 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.


Lee Swee Kiat Group Bhd's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lee Swee Kiat Group Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lee Swee Kiat Group Bhd's Gross Margin % falls into.



Lee Swee Kiat Group 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.)

Lee Swee Kiat Group 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 )
=57.8 / 127.707
=(Revenue - Cost of Goods Sold) / Revenue
=(127.707 - 69.946) / 127.707
=45.23 %

Lee Swee Kiat Group 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 )
=34.2 / 34.211
=(Revenue - Cost of Goods Sold) / Revenue
=(34.211 - 0) / 34.211
=N/A %

* 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.


Lee Swee Kiat Group Bhd  (XKLS:8079) 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

Lee Swee Kiat Group Bhd had a gross margin of N/A% 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.


Lee Swee Kiat Group Bhd Gross Margin % Related Terms

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Lee Swee Kiat Group Bhd (XKLS:8079) Business Description

Traded in Other Exchanges
N/A
Address
Wisma LSK, Jalan Haji Abdul Manan, Lot 6122, Off Jalan Meru, Klang, SGR, MYS, 41050
Lee Swee Kiat Group Bhd operates in the Mattresses and bedsprings sector in Malaysia. The Group is organized into two business segments: Investment holding, and Natural latex and mattress-related products. The Natural latex and mattress related products segment which generates majority revenue engages in the manufacturing, trading, and distribution of mattresses, bedding accessories, laminated foam, polyurethane foam, natural latex foam, and other related products. The investment holding segment engages in investment holding activity.

Lee Swee Kiat Group Bhd (XKLS:8079) Headlines

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