Cho Thavee PCL (BKK:CHO) Gross Margin %: -480.26% (As of Sep. 2025)


What is Cho Thavee PCL Gross Margin %?

Cho Thavee PCL BKK:CHO Gross Margin % is -480.26% as of Sep. 2025. The stock has 6 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Cho Thavee PCL ranks worse than 100% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Cho Thavee PCL's Gross Profit for the three months ended in Sep. 2025 was ฿-131.0 Mil. Cho Thavee PCL's Revenue for the three months ended in Sep. 2025 was ฿27.3 Mil. Therefore, Cho Thavee PCL's Gross Margin % for the quarter that ended in Sep. 2025 was -480.26%.


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: -196.28   Med: 11.83   Max: 21.9
Current: -196.28


During the past 13 years, the highest Gross Margin % of Cho Thavee PCL was 21.90%. The lowest was -196.28%. And the median was 11.83%.

BKK:CHO's Gross Margin % is ranked worse than
100% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.64 vs BKK:CHO: -196.28

Cho Thavee PCL had a gross margin of -480.26% for the quarter that ended in Sep. 2025 => 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  (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 -480.26% for the quarter that ended in Sep. 2025 => 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


Cho Thavee PCL Gross Margin % Historical Data

* Premium members only.

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.

Cho Thavee PCL Gross Margin % Chart

Cho Thavee PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.61 -17.80 -52.09 -51.73 -46.20

Cho Thavee PCL Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 29.56 -773.18 -25.59 -74.75 -480.26

BKK:CHO vs CAT, DE, PCAR: Gross Margin % Comparison

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 Gross Margin % vs 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.



Cho Thavee PCL Gross Margin % Calculation

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

Cho Thavee PCL's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=-114.9 / 248.635
=(Revenue - Cost of Goods Sold) / Revenue
=(248.635 - 363.494) / 248.635
=-46.20 %

Cho Thavee PCL's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=-131 / 27.269
=(Revenue - Cost of Goods Sold) / Revenue
=(27.269 - 158.231) / 27.269
=-480.26 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -480.26% mean?
Cho Thavee PCL (BKK:CHO) has a Gross Margin % of -480.26% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Cho Thavee PCL and its competitors. According to the industry distribution chart, Cho Thavee PCL ranks #209 out of 209 companies in the Farm & Heavy Construction Machinery industry.
Is Cho Thavee PCL's Gross Margin % too high?
Cho Thavee PCL's current Gross Margin % is -480.26%. Based on the distribution chart, Cho Thavee PCL ranks #209 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers.
How does Cho Thavee PCL's Gross Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Cho Thavee PCL ranks #209 out of 209 companies for Gross Margin %. This places Cho Thavee PCL in the lower half of its industry. The industry median Gross Margin % is 25.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.64, based on 209 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Cho Thavee PCL and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cho Thavee PCL's current Gross Margin % is -480.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cho Thavee PCL stock overvalued right now?
Based on GuruFocus' analysis, Cho Thavee PCL (BKK:CHO) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.05, compared to a current price of ฿0.02 — trading 60% below its estimated fair value. The current Gross Margin % is -480.26%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Cho Thavee PCL (BKK:CHO), the current Gross Margin % is -480.26% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cho Thavee PCL Business Description

Address 265 Moo 4, Klang Muang Road, Tambol Muang Khao, Amphur Muang, Khon Kaen, THA, 40000
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.