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Asset World PCL (BKK:AWC) Gross Margin % : 52.96% (As of Sep. 2024)


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What is Asset World PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Asset World PCL's Gross Profit for the three months ended in Sep. 2024 was ฿1,994 Mil. Asset World PCL's Revenue for the three months ended in Sep. 2024 was ฿3,765 Mil. Therefore, Asset World PCL's Gross Margin % for the quarter that ended in Sep. 2024 was 52.96%.

Warning Sign:

Asset World Corp PCL gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

BKK:AWC' s Gross Margin % Range Over the Past 10 Years
Min: 17.05   Med: 47.07   Max: 54.09
Current: 54.09


During the past 8 years, the highest Gross Margin % of Asset World PCL was 54.09%. The lowest was 17.05%. And the median was 47.07%.

BKK:AWC's Gross Margin % is ranked better than
65.32% of 767 companies
in the Travel & Leisure industry
Industry Median: 43.66 vs BKK:AWC: 54.09

Asset World PCL had a gross margin of 52.96% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asset World PCL was -1.60% per year.


Asset World PCL Gross Margin % Historical Data

The historical data trend for Asset World 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.

Asset World PCL Gross Margin % Chart

Asset World PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 50.76 31.34 17.05 45.51 52.17

Asset World PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 50.35 53.06 57.94 51.72 52.96

Competitive Comparison of Asset World PCL's Gross Margin %

For the Lodging subindustry, Asset World 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.


Asset World PCL's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asset World PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Asset World PCL's Gross Margin % falls into.



Asset World PCL Gross Margin % Calculation

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

Asset World 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 )
=7295.1 / 13984.425
=(Revenue - Cost of Goods Sold) / Revenue
=(13984.425 - 6689.312) / 13984.425
=52.17 %

Asset World PCL's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1994 / 3765.171
=(Revenue - Cost of Goods Sold) / Revenue
=(3765.171 - 1771.18) / 3765.171
=52.96 %

* 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.


Asset World PCL  (BKK:AWC) 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

Asset World PCL had a gross margin of 52.96% for the quarter that ended in Sep. 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.


Asset World PCL Gross Margin % Related Terms

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Asset World PCL Business Description

Traded in Other Exchanges
Address
South Sathorn Road, 54th Floor, 1 Empire Tower, Yannawa, Sathorn, Bangkok, THA, 10120
Asset World Corp PCL is engaged in investing and providing management services. The company's operating segment includes Hotel and related services and Rental and rendering of commercial building services. It generates maximum revenue from the Hotel and related services segment. Geographically, it operates only in Thailand.

Asset World PCL Headlines

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