Dexon Technology PCL (BKK:DEXON) Gross Margin % : 20.99% (As of Sep. 2023)

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What is Dexon Technology PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dexon Technology PCL's Gross Profit for the three months ended in Sep. 2023 was ฿24.5 Mil. Dexon Technology PCL's Revenue for the three months ended in Sep. 2023 was ฿116.7 Mil. Therefore, Dexon Technology PCL's Gross Margin % for the quarter that ended in Sep. 2023 was 20.99%.

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

BKK:DEXON' s Gross Margin % Range Over the Past 10 Years
Min: 30.57 Med: 36.19 Max: 41.81
Current: 34.3

During the past 2 years, the highest Gross Margin % of Dexon Technology PCL was 41.81%. The lowest was 30.57%. And the median was 36.19%.

BKK:DEXON's Gross Margin % is ranked better than
59.05% of 928 companies
in the Oil & Gas industry
Industry Median: 27.905 vs BKK:DEXON: 34.30

Dexon Technology PCL had a gross margin of 20.99% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dexon Technology PCL was 0.00% per year.

Dexon Technology PCL Gross Margin % Historical Data

The historical data trend for Dexon Technology 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.

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Dexon Technology PCL Gross Margin % Chart

Dexon Technology PCL Annual Data

Trend

Dec21

Dec22

Gross Margin %

30.57

41.81

Dexon Technology PCL Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial			28.13	53.42	33.12	15.27	20.99

Competitive Comparison of Dexon Technology PCL's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, Dexon Technology 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.

Dexon Technology PCL's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dexon Technology PCL's Gross Margin % distribution charts can be found below:

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

Dexon Technology PCL Gross Margin % Calculation

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

Dexon Technology PCL's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	254.4	/	608.506
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(608.506 - 354.075)	/	608.506
	=	41.81 %

Dexon Technology PCL's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	24.5	/	116.654
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(116.654 - 92.17)	/	116.654
	=	20.99 %

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.

Dexon Technology PCL (BKK:DEXON) 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

Dexon Technology PCL had a gross margin of 20.99% for the quarter that ended in Sep. 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.

Dexon Technology PCL Gross Margin % Related Terms

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Dexon Technology PCL (BKK:DEXON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dexon Technology PCL (BKK:DEXON) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

78/4-5 Moo 6, Sukhumvit Road, Ban Chang, Rayong, THA, 21130

Website

https://www.dexon-technology.com

Dexon Technology PCL is engaged in providing non-destructive inspection services, inspection training across the board of inspection standards and distributor of tools, spare parts and equipment used for the inspection of goods quality. The company's operating segments include Research and development innovation segment, Advanve In-line inspection technology segment, Advance non-destructive testing technology segment, Asset integrity management service segment, and Conventional non-destructive inspection segment.

Dexon Technology PCL (BKK:DEXON) Headlines

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