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Chiang Mai Ram Medical Business PCL (BKK:CMR) Gross Profit : ฿1,212 Mil (TTM As of Mar. 2024)


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What is Chiang Mai Ram Medical Business PCL Gross Profit?

Chiang Mai Ram Medical Business PCL's gross profit for the three months ended in Mar. 2024 was ฿329 Mil. Chiang Mai Ram Medical Business PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿1,212 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chiang Mai Ram Medical Business PCL's gross profit for the three months ended in Mar. 2024 was ฿329 Mil. Chiang Mai Ram Medical Business PCL's Revenue for the three months ended in Mar. 2024 was ฿1,326 Mil. Therefore, Chiang Mai Ram Medical Business PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 24.81%.

Chiang Mai Ram Medical Business PCL had a gross margin of 24.81% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Chiang Mai Ram Medical Business PCL was 35.30%. The lowest was 21.99%. And the median was 27.59%.

Warning Sign:

Chiang Mai Ram Medical Business PCL gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


Chiang Mai Ram Medical Business PCL Gross Profit Historical Data

The historical data trend for Chiang Mai Ram Medical Business PCL's Gross Profit 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.

Chiang Mai Ram Medical Business PCL Gross Profit Chart

Chiang Mai Ram Medical Business PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 903.57 806.76 937.57 1,412.63 1,151.75

Chiang Mai Ram Medical Business PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 268.80 224.38 341.99 316.59 329.01

Competitive Comparison of Chiang Mai Ram Medical Business PCL's Gross Profit

For the Medical Care Facilities subindustry, Chiang Mai Ram Medical Business PCL's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Chiang Mai Ram Medical Business PCL's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chiang Mai Ram Medical Business PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Chiang Mai Ram Medical Business PCL's Gross Profit falls into.



Chiang Mai Ram Medical Business PCL Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Chiang Mai Ram Medical Business PCL's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=5065.697 - 3913.944
=1,152

Chiang Mai Ram Medical Business PCL's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1326.362 - 997.353
=329

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,212 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Chiang Mai Ram Medical Business PCL'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=329 / 1326.362
=24.81 %

* 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.


Chiang Mai Ram Medical Business PCL  (BKK:CMR) Gross Profit 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

Chiang Mai Ram Medical Business PCL had a gross margin of 24.81% for the quarter that ended in Mar. 2024 => Competition eroding margins


Chiang Mai Ram Medical Business PCL Gross Profit Related Terms

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Chiang Mai Ram Medical Business PCL (BKK:CMR) Business Description

Traded in Other Exchanges
N/A
Address
1, Sukkasem Road, Nakhon Ping Sub-district, Patan Subdistrict, Mueang District, Chiangmai, THA, 50300
Chiang Mai Ram Medical Business PCL is a Thailand-based company. It provides medical services in the nature of General Hospital, Hospital in Social Security, and the national health security office systems. It offers various medical services including a Dental center, X-Ray Mobile for a checkup, CT Multislice, Cardiac Catheterization Center, Back pain center, Gynecologic Cancer center Physical therapy, Operating theatres, Laboratory, Ambulance Services, and Health checkup center, among others. It provides medical services through the Lanna Hospital.

Chiang Mai Ram Medical Business PCL (BKK:CMR) Headlines

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