The historical rank and industry rank for Cho Thavee PCL's Gross Margin % or its related term are showing as below:
BKK:CHO'
s Gross Margin % Range Over the Past 10 Years
Min: -52.09 Med: 12.68 Max: 22.04
Current: -37.36
During the past 13 years, the highestGross Margin % of Cho Thavee PCL was 22.04%. The lowest was -52.09%. And the median was 12.68%.
BKK:CHO's Gross Margin % is ranked worse than 97.57% of 206
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 23.91
vs BKK:CHO: -37.36
Cho Thavee PCL had a gross margin of -33.18% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Cho Thavee PCL was 0.00% per year.
Cho Thavee PCL Gross Margin % Historical Data
The historical data trend for Cho Thavee 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.
Competitive Comparison of Cho Thavee PCL's Gross Margin %
For the Farm & Heavy Construction Machinery subindustry, Cho Thavee 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.
Cho Thavee PCL's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Cho Thavee PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Cho Thavee PCL's Gross Margin % falls into.
* 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.
Cho Thavee PCL (BKK:CHO) 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
Cho Thavee PCL had a gross margin of -33.18% for the quarter that ended in Mar. 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.
Cho Thavee PCL Gross Margin % Related Terms
Thank you for viewing the detailed overview of Cho Thavee PCL's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cho Thavee PCL along with its subsidiaries engages in the manufacturing, selling and providing service of trailer assembly, vehicles, and special equipment. The company's products comprise standard products, which include trucks, semi-trailer, full-trailer; and other related products. Its segments include deriving revenue from contracts such as standard products, special products and project contract; revenue from sales such as the sale of spare parts and vehicle prototype; and revenue from service such as maintenance service centre. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.
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