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JKN Global Group PCL (BKK:JKN) Gross Margin % : -248.85% (As of Dec. 2023)


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What is JKN Global Group PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. JKN Global Group PCL's Gross Profit for the three months ended in Dec. 2023 was ฿-410 Mil. JKN Global Group PCL's Revenue for the three months ended in Dec. 2023 was ฿165 Mil. Therefore, JKN Global Group PCL's Gross Margin % for the quarter that ended in Dec. 2023 was -248.85%.

Warning Sign:

JKN Global Group PCL gross margin has been in long-term decline. The average rate of decline per year is -7.8%.


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

BKK:JKN' s Gross Margin % Range Over the Past 10 Years
Min: 20.08   Med: 43.45   Max: 56.7
Current: 20.08


During the past 10 years, the highest Gross Margin % of JKN Global Group PCL was 56.70%. The lowest was 20.08%. And the median was 43.45%.

BKK:JKN's Gross Margin % is ranked worse than
79.69% of 965 companies
in the Media - Diversified industry
Industry Median: 38.36 vs BKK:JKN: 20.08

JKN Global Group PCL had a gross margin of -248.85% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JKN Global Group PCL was -7.80% per year.


JKN Global Group PCL Gross Margin % Historical Data

The historical data trend for JKN Global 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.

JKN Global Group PCL Gross Margin % Chart

JKN Global Group 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 41.05 44.90 44.58 45.27 20.08

JKN Global Group 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 50.05 36.17 60.39 29.46 -248.85

Competitive Comparison of JKN Global Group PCL's Gross Margin %

For the Broadcasting subindustry, JKN Global 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.


JKN Global Group PCL's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, JKN Global Group PCL's Gross Margin % distribution charts can be found below:

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



JKN Global Group PCL Gross Margin % Calculation

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

JKN Global 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 )
=494.9 / 2464.96
=(Revenue - Cost of Goods Sold) / Revenue
=(2464.96 - 1970.047) / 2464.96
=20.08 %

JKN Global Group 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 )
=-410.5 / 164.946
=(Revenue - Cost of Goods Sold) / Revenue
=(164.946 - 575.413) / 164.946
=-248.85 %

* 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.


JKN Global Group PCL  (BKK:JKN) 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

JKN Global Group PCL had a gross margin of -248.85% for the quarter that ended in Dec. 2023 => 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.


JKN Global Group PCL Gross Margin % Related Terms

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


JKN Global Group PCL (BKK:JKN) Business Description

Traded in Other Exchanges
N/A
Address
818 JKN Empire Building, Village No. 2, Samrong Nuea Subdistrict, Mueang Samut Prakan District, Samut Prakan, THA, 10270
JKN Global Group PCL is a content management and distribution company. The group is principally engaged in the distribution of global and local contents of movies, series, and documentaries as well as production and distribution of the said on DVD and Blu-ray, and Advertising services and production of television programs. The company operates through the segments of Sales of program rights, Advertising services, Sales of products, Miss Universe license management business, and Other business, of which a majority of revenue is derived from the Sales of program rights segment. The group's operations are located in Thailand.

JKN Global Group PCL (BKK:JKN) Headlines

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