SICO BSC (BAH:SICO-C) Gross Margin % : 44.06% (As of Mar. 2024)

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What is SICO BSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SICO BSC's Gross Profit for the three months ended in Mar. 2024 was BHD1.80 Mil. SICO BSC's Revenue for the three months ended in Mar. 2024 was BHD4.08 Mil. Therefore, SICO BSC's Gross Margin % for the quarter that ended in Mar. 2024 was 44.06%.

The historical rank and industry rank for SICO BSC's Gross Margin % or its related term are showing as below:

BAH:SICO-C' s Gross Margin % Range Over the Past 10 Years
Min: 29.93 Med: 52.46 Max: 64.55
Current: 51.7

During the past 13 years, the highest Gross Margin % of SICO BSC was 64.55%. The lowest was 29.93%. And the median was 52.46%.

BAH:SICO-C's Gross Margin % is not ranked
in the Capital Markets industry.
Industry Median: 49.13 vs BAH:SICO-C: 51.70

SICO BSC had a gross margin of 44.06% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SICO BSC was -0.20% per year.

SICO BSC Gross Margin % Historical Data

The historical data trend for SICO BSC'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.

* Premium members only.

SICO BSC Gross Margin % Chart

SICO BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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53.08

45.69

56.74

58.26

50.01

SICO BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															23.40	39.78	35.28	79.00	44.06

Competitive Comparison of SICO BSC's Gross Margin %

For the Capital Markets subindustry, SICO BSC'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.

SICO BSC's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SICO BSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SICO BSC's Gross Margin % falls into.

SICO BSC Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

SICO BSC's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	7	/	14.094
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(14.094 - 7.045)	/	14.094
	=	50.01 %

SICO BSC'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 )
	=	1.8	/	4.081
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4.081 - 2.283)	/	4.081
	=	44.06 %

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.

SICO BSC (BAH:SICO-C) 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

SICO BSC had a gross margin of 44.06% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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.

SICO BSC Gross Margin % Related Terms

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SICO BSC (BAH:SICO-C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SICO BSC (BAH:SICO-C) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Isa Al Kabeer Avenue 365, Block 316, Bahrain World Trade Center, Manama, BHR

Website

https://www.sicobank.com

SICO BSC is a Bahrain-registered investment bank. It engaged in offering a select range of investment banking solutions - brokerage, market-making, treasury, equity and fixed income asset management, corporate finance, and custody and fund administration. The company offers investment opportunities in the various regional markets and focuses on managing assets in a capital market with the objective of seeking medium to long-term capital appreciation. It also provides corporate finance services including advising on and managing public and private issuances of equity and debt capital, mergers, and acquisitions, privatizations, restructuring, and underwriting. The company manages its business across the Middle East and Asia countries, North America, and Europe.

SICO BSC (BAH:SICO-C) Headlines

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