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Kaset Thai International Sugar PCL (BKK:KTIS) Gross Margin % : 18.67% (As of Mar. 2024)


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What is Kaset Thai International Sugar PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kaset Thai International Sugar PCL's Gross Profit for the three months ended in Mar. 2024 was ฿997 Mil. Kaset Thai International Sugar PCL's Revenue for the three months ended in Mar. 2024 was ฿5,341 Mil. Therefore, Kaset Thai International Sugar PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 18.67%.

Warning Sign:

Kaset Thai International Sugar Corp PCL gross margin has been in long-term decline. The average rate of decline per year is -8.3%.


The historical rank and industry rank for Kaset Thai International Sugar PCL's Gross Margin % or its related term are showing as below:

BKK:KTIS' s Gross Margin % Range Over the Past 10 Years
Min: 8.95   Med: 18.74   Max: 25.93
Current: 13.57


During the past 12 years, the highest Gross Margin % of Kaset Thai International Sugar PCL was 25.93%. The lowest was 8.95%. And the median was 18.74%.

BKK:KTIS's Gross Margin % is ranked worse than
76.95% of 1805 companies
in the Consumer Packaged Goods industry
Industry Median: 25.35 vs BKK:KTIS: 13.57

Kaset Thai International Sugar PCL had a gross margin of 18.67% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kaset Thai International Sugar PCL was -8.30% per year.


Kaset Thai International Sugar PCL Gross Margin % Historical Data

The historical data trend for Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL Gross Margin % Chart

Kaset Thai International Sugar PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.02 16.18 8.95 10.44 17.80

Kaset Thai International Sugar 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 29.66 10.13 27.50 -23.58 18.67

Competitive Comparison of Kaset Thai International Sugar PCL's Gross Margin %

For the Confectioners subindustry, Kaset Thai International Sugar 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.


Kaset Thai International Sugar PCL's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kaset Thai International Sugar PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kaset Thai International Sugar PCL's Gross Margin % falls into.



Kaset Thai International Sugar PCL Gross Margin % Calculation

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

Kaset Thai International Sugar PCL's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=3371.5 / 18939.087
=(Revenue - Cost of Goods Sold) / Revenue
=(18939.087 - 15567.609) / 18939.087
=17.80 %

Kaset Thai International Sugar 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 )
=997.1 / 5341.078
=(Revenue - Cost of Goods Sold) / Revenue
=(5341.078 - 4343.998) / 5341.078
=18.67 %

* 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.


Kaset Thai International Sugar PCL  (BKK:KTIS) 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

Kaset Thai International Sugar PCL had a gross margin of 18.67% 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.


Kaset Thai International Sugar PCL Gross Margin % Related Terms

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


Kaset Thai International Sugar PCL (BKK:KTIS) Business Description

Traded in Other Exchanges
N/A
Address
1/1 Moo 14, Tambon Nongpo, Amphur Taklee, Nakhon Sawan, THA, 60140
Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's segment includes the production and distribution of the sugar segment; the production and distribution of pulp segment; the production and distribution of alcohol segment and the production and distribution of electricity segment. It derives the majority of its revenues from the production and distribution of the sugar segment.

Kaset Thai International Sugar PCL (BKK:KTIS) Headlines

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