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Fitters Diversified Bhd (XKLS:9318) Gross Margin % : 10.45% (As of Dec. 2023)


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What is Fitters Diversified Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fitters Diversified Bhd's Gross Profit for the three months ended in Dec. 2023 was RM7.7 Mil. Fitters Diversified Bhd's Revenue for the three months ended in Dec. 2023 was RM74.1 Mil. Therefore, Fitters Diversified Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 10.45%.

Warning Sign:

Fitters Diversified Bhd gross margin has been in long-term decline. The average rate of decline per year is -15.1%.


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

XKLS:9318' s Gross Margin % Range Over the Past 10 Years
Min: 5.82   Med: 15.83   Max: 23.14
Current: 10.27


During the past 13 years, the highest Gross Margin % of Fitters Diversified Bhd was 23.14%. The lowest was 5.82%. And the median was 15.83%.

XKLS:9318's Gross Margin % is ranked worse than
86.88% of 480 companies
in the Conglomerates industry
Industry Median: 25.035 vs XKLS:9318: 10.27

Fitters Diversified Bhd had a gross margin of 10.45% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fitters Diversified Bhd was -15.10% per year.


Fitters Diversified Bhd Gross Margin % Historical Data

The historical data trend for Fitters Diversified 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.

Fitters Diversified Bhd Gross Margin % Chart

Fitters Diversified Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.65 16.38 15.59 5.82 7.75

Fitters Diversified Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 8.97 5.98 9.64 15.77 10.45

Competitive Comparison of Fitters Diversified Bhd's Gross Margin %

For the Conglomerates subindustry, Fitters Diversified 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.


Fitters Diversified Bhd's Gross Margin % Distribution in the Conglomerates Industry

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

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



Fitters Diversified Bhd Gross Margin % Calculation

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

Fitters Diversified Bhd's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=32.1 / 414.912
=(Revenue - Cost of Goods Sold) / Revenue
=(414.912 - 382.772) / 414.912
=7.75 %

Fitters Diversified 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 )
=7.7 / 74.076
=(Revenue - Cost of Goods Sold) / Revenue
=(74.076 - 66.334) / 74.076
=10.45 %

* 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.


Fitters Diversified Bhd  (XKLS:9318) 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

Fitters Diversified Bhd had a gross margin of 10.45% 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.


Fitters Diversified Bhd Gross Margin % Related Terms

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


Fitters Diversified Bhd (XKLS:9318) Business Description

Traded in Other Exchanges
N/A
Address
Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200
Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill; HYPRO PVC-O pipes manufacturing and distribution and Investment holding. Its geographical segments include Malaysia and Singapore, of which a majority of the revenue is generated within Malaysia.

Fitters Diversified Bhd (XKLS:9318) Headlines

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