GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Asia Green Energy PCL (BKK:AGE-F) » Definitions » Gross Margin %

Asia Green Energy PCL (BKK:AGE-F) Gross Margin % : 8.46% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Asia Green Energy PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Asia Green Energy PCL's Gross Profit for the three months ended in Dec. 2023 was ฿240 Mil. Asia Green Energy PCL's Revenue for the three months ended in Dec. 2023 was ฿2,836 Mil. Therefore, Asia Green Energy PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 8.46%.


The historical rank and industry rank for Asia Green Energy PCL's Gross Margin % or its related term are showing as below:

BKK:AGE-F' s Gross Margin % Range Over the Past 10 Years
Min: 4.8   Med: 11.42   Max: 13.91
Current: 9.38


During the past 13 years, the highest Gross Margin % of Asia Green Energy PCL was 13.91%. The lowest was 4.80%. And the median was 11.42%.

BKK:AGE-F's Gross Margin % is ranked worse than
80.33% of 122 companies
in the Other Energy Sources industry
Industry Median: 30.055 vs BKK:AGE-F: 9.38

Asia Green Energy PCL had a gross margin of 8.46% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asia Green Energy PCL was 1.20% per year.


Asia Green Energy PCL Gross Margin % Historical Data

The historical data trend for Asia Green Energy PCL'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.

Asia Green Energy PCL Gross Margin % Chart

Asia Green Energy PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.02 11.36 12.20 13.91 9.37

Asia Green Energy PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 14.48 14.19 -0.30 11.92 8.46

Competitive Comparison of Asia Green Energy PCL's Gross Margin %

For the Thermal Coal subindustry, Asia Green Energy PCL'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.


Asia Green Energy PCL's Gross Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Asia Green Energy PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Asia Green Energy PCL's Gross Margin % falls into.



Asia Green Energy PCL Gross Margin % Calculation

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

Asia Green Energy PCL'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 )
=1240 / 13227.23
=(Revenue - Cost of Goods Sold) / Revenue
=(13227.23 - 11987.193) / 13227.23
=9.37 %

Asia Green Energy PCL's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=239.9 / 2835.84
=(Revenue - Cost of Goods Sold) / Revenue
=(2835.84 - 2595.891) / 2835.84
=8.46 %

* 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.


Asia Green Energy PCL  (BKK:AGE-F) 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

Asia Green Energy PCL had a gross margin of 8.46% for the quarter that ended in Dec. 2023 => No sustainable 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.


Asia Green Energy PCL Gross Margin % Related Terms

Thank you for viewing the detailed overview of Asia Green Energy PCL's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Green Energy PCL (BKK:AGE-F) Business Description

Traded in Other Exchanges
Address
273/1 Rama II Road, Samaedum, Bangkhuntien, Bangkok, THA, 10150
Asia Green Energy PCL is engaged in the distribution of coal for industrial use. The company's operation consists of importing and distributing the business of clean Bituminous coal from Indonesia and distributing it both inside and outside the country. The company is organized into business units based on its products and services and has two segments, the Coal business segment, and the Logistic business. The company earns maximum revenue from the coal business.

Asia Green Energy PCL (BKK:AGE-F) Headlines

No Headlines