CPL Group PCL (BKK:CPL) Gross Margin % : 19.58% (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is CPL Group PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CPL Group PCL's Gross Profit for the three months ended in Mar. 2024 was ฿107 Mil. CPL Group PCL's Revenue for the three months ended in Mar. 2024 was ฿549 Mil. Therefore, CPL Group PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 19.58%.

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

BKK:CPL' s Gross Margin % Range Over the Past 10 Years
Min: 6.18 Med: 13 Max: 22.5
Current: 14.17

During the past 13 years, the highest Gross Margin % of CPL Group PCL was 22.50%. The lowest was 6.18%. And the median was 13.00%.

BKK:CPL's Gross Margin % is ranked worse than
74.1% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.71 vs BKK:CPL: 14.17

CPL Group PCL had a gross margin of 19.58% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CPL Group PCL was 1.90% per year.

CPL Group PCL Gross Margin % Historical Data

The historical data trend for CPL Group 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.

CPL Group PCL Gross Margin % Chart

CPL Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

10.13

21.95

22.50

16.76

12.01

CPL Group PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															12.18	12.58	10.76	12.60	19.58

Competitive Comparison of CPL Group PCL's Gross Margin %

For the Footwear & Accessories subindustry, CPL Group 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.

CPL Group PCL's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CPL Group PCL's Gross Margin % distribution charts can be found below:

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

CPL Group PCL Gross Margin % Calculation

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

CPL Group 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 )
	=	221.1	/	1841.485
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1841.485 - 1620.389)	/	1841.485
	=	12.01 %

CPL Group PCL's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	107.4	/	548.766
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(548.766 - 441.342)	/	548.766
	=	19.58 %

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.

CPL Group PCL (BKK:CPL) 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

CPL Group PCL had a gross margin of 19.58% 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.

CPL Group PCL Gross Margin % Related Terms

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

CPL Group PCL (BKK:CPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » CPL Group PCL (BKK:CPL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 Moo 6 Sukhumvit Road, Bangpoo-Mai, Mueang Samutprakran, Samutprakarn, THA, 10280

Website

https://www.cpl.co.th

CPL Group PCL is a leather manufacturer. It is engaged in the manufacturing and distribution of leather products, rendering of tanning service and manufacturing and distribution of personal protective equipment. Its product range includes Full Grain Leather and Suede Split Leather. Its leather is Nubuck Leather, Oil & Wax Leather, Pigment Leather, Sued Leather and Water Proof Leather. Its products manufactured for delivery to domestic and foreign shoe factories. The company's segments are Tannery industry segment which has revenue from sales of finished leather products and rendering service of tanning and Personal protective equipment segment which has revenue from sales of personal protective equipment products.