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Ingress Industrial (Thailand) PCL (BKK:INGRS) Gross Margin % : 8.30% (As of Jan. 2024)


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What is Ingress Industrial (Thailand) PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ingress Industrial (Thailand) PCL's Gross Profit for the three months ended in Jan. 2024 was ฿151 Mil. Ingress Industrial (Thailand) PCL's Revenue for the three months ended in Jan. 2024 was ฿1,819 Mil. Therefore, Ingress Industrial (Thailand) PCL's Gross Margin % for the quarter that ended in Jan. 2024 was 8.30%.

Warning Sign:

Ingress Industrial (Thailand) PCL gross margin has been in long-term decline. The average rate of decline per year is -15.4%.


The historical rank and industry rank for Ingress Industrial (Thailand) PCL's Gross Margin % or its related term are showing as below:

BKK:INGRS' s Gross Margin % Range Over the Past 10 Years
Min: 6.6   Med: 18.91   Max: 22.12
Current: 11.26


During the past 10 years, the highest Gross Margin % of Ingress Industrial (Thailand) PCL was 22.12%. The lowest was 6.60%. And the median was 18.91%.

BKK:INGRS's Gross Margin % is ranked worse than
79.84% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 19.67 vs BKK:INGRS: 11.26

Ingress Industrial (Thailand) PCL had a gross margin of 8.30% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ingress Industrial (Thailand) PCL was -15.40% per year.


Ingress Industrial (Thailand) PCL Gross Margin % Historical Data

The historical data trend for Ingress Industrial (Thailand) 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.

Ingress Industrial (Thailand) PCL Gross Margin % Chart

Ingress Industrial (Thailand) PCL Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.25 11.30 13.65 6.60 11.21

Ingress Industrial (Thailand) PCL Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 7.65 10.00 13.40 12.34 8.30

Competitive Comparison of Ingress Industrial (Thailand) PCL's Gross Margin %

For the Auto Parts subindustry, Ingress Industrial (Thailand) 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.


Ingress Industrial (Thailand) PCL's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ingress Industrial (Thailand) PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ingress Industrial (Thailand) PCL's Gross Margin % falls into.



Ingress Industrial (Thailand) PCL Gross Margin % Calculation

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

Ingress Industrial (Thailand) PCL's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=753.3 / 6720.243
=(Revenue - Cost of Goods Sold) / Revenue
=(6720.243 - 5966.918) / 6720.243
=11.21 %

Ingress Industrial (Thailand) PCL's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=151 / 1818.867
=(Revenue - Cost of Goods Sold) / Revenue
=(1818.867 - 1667.893) / 1818.867
=8.30 %

* 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.


Ingress Industrial (Thailand) PCL  (BKK:INGRS) 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

Ingress Industrial (Thailand) PCL had a gross margin of 8.30% for the quarter that ended in Jan. 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.


Ingress Industrial (Thailand) PCL Gross Margin % Related Terms

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Ingress Industrial (Thailand) PCL (BKK:INGRS) Business Description

Traded in Other Exchanges
N/A
Address
Ramkhamhaeng Road, 9/141, 14th Floor, Unit A, UM Tower Building, Suanluang, Bangkok, THA, 10250
Ingress Industrial (Thailand) PCL is engaged in investment holdings. It manufactures and distributes automotive components. The company derives most of its revenues from Malaysia. Its products include Roll forming products; Stamping Products; and Tool making and automation solutions. Its operations are carried on in Thailand, Malaysia, Indonesia and India.

Ingress Industrial (Thailand) PCL (BKK:INGRS) Headlines

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