GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » IRPC PCL (BKK:IRPC-F) » Definitions » Gross Profit

IRPC PCL (BKK:IRPC-F) Gross Profit : ฿4,927 Mil (TTM As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is IRPC PCL Gross Profit?

IRPC PCL's gross profit for the three months ended in Mar. 2024 was ฿3,692 Mil. IRPC PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿4,927 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. IRPC PCL's gross profit for the three months ended in Mar. 2024 was ฿3,692 Mil. IRPC PCL's Revenue for the three months ended in Mar. 2024 was ฿79,348 Mil. Therefore, IRPC PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 4.65%.

IRPC PCL had a gross margin of 4.65% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of IRPC PCL was 10.88%. The lowest was -2.25%. And the median was 4.36%.


IRPC PCL Gross Profit Historical Data

The historical data trend for IRPC 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.

IRPC PCL Gross Profit Chart

IRPC 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 2,745.12 -28.24 26,125.75 9,907.92 3,548.50

IRPC 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 2,313.20 -966.54 5,423.17 -3,221.32 3,691.80

Competitive Comparison of IRPC PCL's Gross Profit

For the Oil & Gas Refining & Marketing subindustry, IRPC 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.


IRPC PCL's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, IRPC PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where IRPC PCL's Gross Profit falls into.



IRPC PCL Gross Profit Calculation

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

IRPC 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
=319047.082 - 315498.58
=3,549

IRPC 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
=79347.845 - 75656.044
=3,692

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 ฿4,927 Mil.

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

IRPC 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
=3,692 / 79347.845
=4.65 %

* 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.


IRPC PCL  (BKK:IRPC-F) 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

IRPC PCL had a gross margin of 4.65% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


IRPC PCL Gross Profit Related Terms

Thank you for viewing the detailed overview of IRPC PCL's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


IRPC PCL (BKK:IRPC-F) Business Description

Traded in Other Exchanges
Address
555/2, Energy Complex, Vibhavadi Rangsit Road, Building B, 6th Floor,, Chatuchak, Bangkok, THA, 10900
IRPC PCL is a Thailand-based company. The Company is principally engaged in the petroleum and petrochemical business with its products being refinery, lubricant, olefins, aromatics, plastic resins, and other petrochemical products. The company operates in three reportable segments; the Petroleum products segment, which produces and sells refinery, lubricant, and asphalt. The petrochemical products segment, produces and sells olefins, aromatics, and related products including special products. and Other business segments, includes divisions related to the Power plant, jetty, and other utilities. The majority of its revenue is derived from the Petroleum products segment.

IRPC PCL (BKK:IRPC-F) Headlines

No Headlines