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Electricity Generating PCL (BKK:EGCO) Gross Margin % : 21.31% (As of Dec. 2023)


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What is Electricity Generating PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Electricity Generating PCL's Gross Profit for the three months ended in Dec. 2023 was ฿2,276 Mil. Electricity Generating PCL's Revenue for the three months ended in Dec. 2023 was ฿10,680 Mil. Therefore, Electricity Generating PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 21.31%.

Warning Sign:

Electricity Generating PCL gross margin has been in long-term decline. The average rate of decline per year is -8.8%.


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

BKK:EGCO' s Gross Margin % Range Over the Past 10 Years
Min: 15.29   Med: 24.94   Max: 39.48
Current: 17.55


During the past 13 years, the highest Gross Margin % of Electricity Generating PCL was 39.48%. The lowest was 15.29%. And the median was 24.94%.

BKK:EGCO's Gross Margin % is ranked worse than
76.65% of 394 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.54 vs BKK:EGCO: 17.55

Electricity Generating PCL had a gross margin of 21.31% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Electricity Generating PCL was -8.80% per year.


Electricity Generating PCL Gross Margin % Historical Data

The historical data trend for Electricity Generating 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.

Electricity Generating PCL Gross Margin % Chart

Electricity Generating 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 24.24 24.78 23.24 15.29 17.55

Electricity Generating PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.15 14.35 17.23 18.10 21.31

Competitive Comparison of Electricity Generating PCL's Gross Margin %

For the Utilities - Independent Power Producers subindustry, Electricity Generating 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.


Electricity Generating PCL's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Electricity Generating PCL's Gross Margin % distribution charts can be found below:

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



Electricity Generating PCL Gross Margin % Calculation

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

Electricity Generating 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 )
=8710.8 / 49627.083
=(Revenue - Cost of Goods Sold) / Revenue
=(49627.083 - 40916.269) / 49627.083
=17.55 %

Electricity Generating PCL's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2276.3 / 10680.015
=(Revenue - Cost of Goods Sold) / Revenue
=(10680.015 - 8403.719) / 10680.015
=21.31 %

* 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.


Electricity Generating PCL  (BKK:EGCO) 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

Electricity Generating PCL had a gross margin of 21.31% for the quarter that ended in Dec. 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.


Electricity Generating PCL Gross Margin % Related Terms

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Electricity Generating PCL (BKK:EGCO) Business Description

Traded in Other Exchanges
Address
Vibhavadi Rangsit Road, 222, EGCO Tower, 14th and 15th Floor, Tungsonghong, Laksi, Bangkok, THA, 10210
Electricity Generating PCL, or Egco, is the first independent power producer in Thailand. The company's primary function is the generation of electricity for sale to the government sector and industrial users. As a holding company, Most of Egco's revenue comes from its numerous subsidiaries and joint ventures located throughout Thailand and the broader Asia-Pacific region. The company has two segments report which is comprised of electricity generation and other businesses. The majority of revenue is derived from the electricity generation segment.

Electricity Generating PCL (BKK:EGCO) Headlines

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