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CSP Steel Center PCL (BKK:CSP-R) Gross Margin % : 3.61% (As of Mar. 2024)


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What is CSP Steel Center PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CSP Steel Center PCL's Gross Profit for the three months ended in Mar. 2024 was ฿22 Mil. CSP Steel Center PCL's Revenue for the three months ended in Mar. 2024 was ฿614 Mil. Therefore, CSP Steel Center PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 3.61%.

Warning Sign:

CSP Steel Center PCL gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


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

BKK:CSP-R' s Gross Margin % Range Over the Past 10 Years
Min: -1.03   Med: 4.2   Max: 21.76
Current: 2.23


During the past 13 years, the highest Gross Margin % of CSP Steel Center PCL was 21.76%. The lowest was -1.03%. And the median was 4.20%.

BKK:CSP-R's Gross Margin % is ranked worse than
88.34% of 583 companies
in the Steel industry
Industry Median: 13.01 vs BKK:CSP-R: 2.23

CSP Steel Center PCL had a gross margin of 3.61% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CSP Steel Center PCL was -3.60% per year.


CSP Steel Center PCL Gross Margin % Historical Data

The historical data trend for CSP Steel Center 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.

CSP Steel Center PCL Gross Margin % Chart

CSP Steel Center 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 1.14 9.36 21.76 1.85 2.76

CSP Steel Center 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 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 5.08 -2.52 5.26 2.14 3.61

Competitive Comparison of CSP Steel Center PCL's Gross Margin %

For the Steel subindustry, CSP Steel Center 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.


CSP Steel Center PCL's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, CSP Steel Center PCL's Gross Margin % distribution charts can be found below:

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



CSP Steel Center PCL Gross Margin % Calculation

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

CSP Steel Center 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 )
=65.2 / 2362.98
=(Revenue - Cost of Goods Sold) / Revenue
=(2362.98 - 2297.826) / 2362.98
=2.76 %

CSP Steel Center 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 )
=22.2 / 614.291
=(Revenue - Cost of Goods Sold) / Revenue
=(614.291 - 592.117) / 614.291
=3.61 %

* 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.


CSP Steel Center PCL  (BKK:CSP-R) 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

CSP Steel Center PCL had a gross margin of 3.61% 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.


CSP Steel Center PCL Gross Margin % Related Terms

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


CSP Steel Center PCL (BKK:CSP-R) Business Description

Traded in Other Exchanges
Address
475 Rama 3 Road, Bangklo, Bangkolaem, Bangkok, THA, 10120
CSP Steel Center PCL is a Thailand-based firm engaged in the manufacture and sale of sheet steel finished goods and rolled steel pipe. The company's product portfolio includes Cutting cold rolled sheet, Hot rolled steel, Coated sheet in both plate and coil types, Cold rolled steel pipe and hot rolled steel pipe, among others. It primarily operates in Thailand.

CSP Steel Center PCL (BKK:CSP-R) Headlines

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