GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chewathai PCL (BKK:CHEWA) » Definitions » Gross Margin %

Chewathai PCL (BKK:CHEWA) Gross Margin % : 27.12% (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Chewathai PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chewathai PCL's Gross Profit for the three months ended in Dec. 2023 was ฿160 Mil. Chewathai PCL's Revenue for the three months ended in Dec. 2023 was ฿590 Mil. Therefore, Chewathai PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 27.12%.


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

BKK:CHEWA' s Gross Margin % Range Over the Past 10 Years
Min: 20.78   Med: 28.29   Max: 39.43
Current: 28.19


During the past 13 years, the highest Gross Margin % of Chewathai PCL was 39.43%. The lowest was 20.78%. And the median was 28.29%.

BKK:CHEWA's Gross Margin % is ranked worse than
62.3% of 1658 companies
in the Real Estate industry
Industry Median: 36.66 vs BKK:CHEWA: 28.19

Chewathai PCL had a gross margin of 27.12% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Chewathai PCL was 0.80% per year.


Chewathai PCL Gross Margin % Historical Data

The historical data trend for Chewathai 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.

Chewathai PCL Gross Margin % Chart

Chewathai 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 26.28 20.78 26.24 29.53 28.19

Chewathai 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 37.01 28.78 25.64 30.81 27.12

Competitive Comparison of Chewathai PCL's Gross Margin %

For the Real Estate - Development subindustry, Chewathai 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.


Chewathai PCL's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chewathai PCL's Gross Margin % distribution charts can be found below:

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



Chewathai PCL Gross Margin % Calculation

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

Chewathai 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 )
=522.7 / 1854.113
=(Revenue - Cost of Goods Sold) / Revenue
=(1854.113 - 1331.441) / 1854.113
=28.19 %

Chewathai 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 )
=160.2 / 590.432
=(Revenue - Cost of Goods Sold) / Revenue
=(590.432 - 430.281) / 590.432
=27.12 %

* 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.


Chewathai PCL  (BKK:CHEWA) 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

Chewathai PCL had a gross margin of 27.12% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Chewathai PCL Gross Margin % Related Terms

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


Chewathai PCL (BKK:CHEWA) Business Description

Traded in Other Exchanges
N/A
Address
Rama IV Road, 1168/80 Lumpini Tower, 27th Floor, Unit D, Tungmahamek Area, Sathorn District, Bangkok, THA, 10120
Chewathai PCL is engaged in real estate development. The company operates in the Real estate business segment and Rental and service business segment. The Real estate business segment consists of land, houses and residential condominium projects for sale. The Rental and service business segment consists of providing a factory for rent. Its condominium projects include Chewathai Residence Asoke, Chewathai Phetkasem 27, Chewathai Residence Bang Pho, Chewathai Ramkhamhaeng Chewathai Ratchaprarop and The Surawong.

Chewathai PCL (BKK:CHEWA) Headlines

No Headlines