Gilgyo E&C Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.2%.
The historical rank and industry rank for Gilgyo E&C Co's Gross Margin % or its related term are showing as below:
XKRX:456700'
s Gross Margin % Range Over the Past 10 Years
Min: 22.05 Med: 29.79 Max: 38.3
Current: 22.05
During the past 7 years, the highestGross Margin % of Gilgyo E&C Co was 38.30%. The lowest was 22.05%. And the median was 29.79%.
XKRX:456700's Gross Margin % is ranked better than 56.04% of 1613
companies
in the Construction industry
Industry Median: 19.23
vs XKRX:456700: 22.05
Gilgyo E&C Co had a gross margin of 22.05% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Gilgyo E&C Co was -10.20% per year.
Gilgyo E&C Co Gross Margin % Historical Data
The historical data trend for Gilgyo E&C Co'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.
Competitive Comparison of Gilgyo E&C Co's Gross Margin %
For the Engineering & Construction subindustry, Gilgyo E&C Co'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.
Gilgyo E&C Co's Gross Margin % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Gilgyo E&C Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Gilgyo E&C Co's Gross Margin % falls into.
* 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.
Gilgyo E&C Co (XKRX:456700) 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
Gilgyo E&C Co had a gross margin of 22.05% for the quarter that ended in Dec. 2023 => Competition eroding margins
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.
Gilgyo E&C Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of Gilgyo E&C Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Gilgyo E&C Co Ltd operates in the design and construction of bridges. It designs, manufactures, and installation of steel composite ramen bridges, girder bridges, and monolithic bridges.
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