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President Automobile Industries PCL (BKK:PACO) Gross Profit : ฿182 Mil (TTM As of Mar. 2024)


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What is President Automobile Industries PCL Gross Profit?

President Automobile Industries PCL's gross profit for the three months ended in Mar. 2024 was ฿57 Mil. President Automobile Industries PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿182 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. President Automobile Industries PCL's gross profit for the three months ended in Mar. 2024 was ฿57 Mil. President Automobile Industries PCL's Revenue for the three months ended in Mar. 2024 was ฿260 Mil. Therefore, President Automobile Industries PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 21.95%.

President Automobile Industries PCL had a gross margin of 21.95% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of President Automobile Industries PCL was 24.95%. The lowest was 14.55%. And the median was 15.69%.


President Automobile Industries PCL Gross Profit Historical Data

The historical data trend for President Automobile Industries 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.

President Automobile Industries PCL Gross Profit Chart

President Automobile Industries PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
106.44 163.13 173.79 137.22 149.43

President Automobile Industries PCL Quarterly Data
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 24.90 31.43 47.13 45.97 57.02

Competitive Comparison of President Automobile Industries PCL's Gross Profit

For the Auto Parts subindustry, President Automobile Industries 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.


President Automobile Industries PCL's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, President Automobile Industries PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where President Automobile Industries PCL's Gross Profit falls into.



President Automobile Industries PCL Gross Profit Calculation

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

President Automobile Industries 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
=1026.971 - 877.546
=149

President Automobile Industries 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
=259.734 - 202.716
=57

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 ฿182 Mil.

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

President Automobile Industries 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
=57 / 259.734
=21.95 %

* 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.


President Automobile Industries PCL  (BKK:PACO) 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

President Automobile Industries PCL had a gross margin of 21.95% for the quarter that ended in Mar. 2024 => Competition eroding margins


President Automobile Industries PCL Gross Profit Related Terms

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President Automobile Industries PCL (BKK:PACO) Business Description

Traded in Other Exchanges
N/A
Address
Satethakit 1 Road, 88/8, Moo 9, Soi Wor-Por-Or 11 (Piset), Suanluang, Kratumban, Samutsakorn, THA, 74110
President Automobile Industries PCL is engaged in two reportable segments the manufacture and distribution of automotive air conditioning components and the trading segment. The products offered by the company are condensers, evaporators, compressors, oil coolers, Air conditioning electrical parts, refrigerants, intercoolers and other accessories. The company has a business presence in Thailand, the Middle East, South East Asia, South Asia, North America, South America, Europe, East Asia and other regions.

President Automobile Industries PCL (BKK:PACO) Headlines

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