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Asia Network International PCL (BKK:ANI) Gross Margin % : 17.84% (As of Jun. 2024)


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What is Asia Network International PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Asia Network International PCL's Gross Profit for the three months ended in Jun. 2024 was ฿382 Mil. Asia Network International PCL's Revenue for the three months ended in Jun. 2024 was ฿2,142 Mil. Therefore, Asia Network International PCL's Gross Margin % for the quarter that ended in Jun. 2024 was 17.84%.


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

BKK:ANI' s Gross Margin % Range Over the Past 10 Years
Min: 13.17   Med: 14.15   Max: 26.81
Current: 22.06


During the past 3 years, the highest Gross Margin % of Asia Network International PCL was 26.81%. The lowest was 13.17%. And the median was 14.15%.

BKK:ANI's Gross Margin % is ranked better than
56.19% of 961 companies
in the Transportation industry
Industry Median: 19.96 vs BKK:ANI: 22.06

Asia Network International PCL had a gross margin of 17.84% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asia Network International PCL was 0.00% per year.


Asia Network International PCL Gross Margin % Historical Data

The historical data trend for Asia Network International 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 Network International PCL Gross Margin % Chart

Asia Network International PCL Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
14.15 13.17 26.81

Asia Network International PCL Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only 26.94 25.73 24.56 21.61 17.84

Competitive Comparison of Asia Network International PCL's Gross Margin %

For the Integrated Freight & Logistics subindustry, Asia Network International 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 Network International PCL's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia Network International PCL's Gross Margin % distribution charts can be found below:

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



Asia Network International PCL Gross Margin % Calculation

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

Asia Network International 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 )
=1583.1 / 5904.841
=(Revenue - Cost of Goods Sold) / Revenue
=(5904.841 - 4321.774) / 5904.841
=26.81 %

Asia Network International PCL's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=382.2 / 2141.945
=(Revenue - Cost of Goods Sold) / Revenue
=(2141.945 - 1759.735) / 2141.945
=17.84 %

* 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 Network International PCL  (BKK:ANI) 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 Network International PCL had a gross margin of 17.84% for the quarter that ended in Jun. 2024 => 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 Network International PCL Gross Margin % Related Terms

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Asia Network International PCL Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Soi Klab Chom, Nonsee Road, No. 628, Triple I Building, 6th Floor, Chongnonsee, Yannawa, Bangkok, THA, 10120
Asia Network International PCL is a A holding company with core business in Cargo General Sales and Services Agent or Cargo GSSA for reputable airlines in 8 countries and special administrative region around Southeast Asia. The operations of the company is to provide air-cargo logistics services to both domestic and international customers.

Asia Network International PCL Headlines

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