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Ideal Capital Bhd (XKLS:9687) Gross Profit : RM127.9 Mil (TTM As of Sep. 2023)


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What is Ideal Capital Bhd Gross Profit?

Ideal Capital Bhd's gross profit for the three months ended in Sep. 2023 was RM38.9 Mil. Ideal Capital Bhd's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was RM127.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ideal Capital Bhd's gross profit for the three months ended in Sep. 2023 was RM38.9 Mil. Ideal Capital Bhd's Revenue for the three months ended in Sep. 2023 was RM140.4 Mil. Therefore, Ideal Capital Bhd's Gross Margin % for the quarter that ended in Sep. 2023 was 27.70%.

Ideal Capital Bhd had a gross margin of 27.70% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ideal Capital Bhd was 26.63%. The lowest was -13.13%. And the median was 23.38%.

Warning Sign:

Ideal Capital Bhd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


Ideal Capital Bhd Gross Profit Historical Data

The historical data trend for Ideal Capital Bhd'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.

Ideal Capital Bhd Gross Profit Chart

Ideal Capital Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.40 147.29 70.67 124.48 102.43

Ideal Capital Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 22.14 30.15 30.56 28.35 38.88

Competitive Comparison of Ideal Capital Bhd's Gross Profit

For the Real Estate - Development subindustry, Ideal Capital Bhd'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.


Ideal Capital Bhd's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ideal Capital Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ideal Capital Bhd's Gross Profit falls into.



Ideal Capital Bhd Gross Profit Calculation

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

Ideal Capital Bhd's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=419.301 - 316.869
=102.4

Ideal Capital Bhd's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=140.376 - 101.493
=38.9

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM127.9 Mil.

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

Ideal Capital Bhd's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=38.9 / 140.376
=27.70 %

* 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.


Ideal Capital Bhd  (XKLS:9687) 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

Ideal Capital Bhd had a gross margin of 27.70% for the quarter that ended in Sep. 2023 => Competition eroding margins


Ideal Capital Bhd Gross Profit Related Terms

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Ideal Capital Bhd (XKLS:9687) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950
Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.

Ideal Capital Bhd (XKLS:9687) Headlines

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