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News Network PCL (BKK:NEWS-F) Gross Margin % : -18.68% (As of Jun. 2024)


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What is News Network PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. News Network PCL's Gross Profit for the three months ended in Jun. 2024 was ฿-6.89 Mil. News Network PCL's Revenue for the three months ended in Jun. 2024 was ฿36.87 Mil. Therefore, News Network PCL's Gross Margin % for the quarter that ended in Jun. 2024 was -18.68%.


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

BKK:NEWS-F' s Gross Margin % Range Over the Past 10 Years
Min: -234.99   Med: -40.14   Max: 78
Current: -86.33


During the past 13 years, the highest Gross Margin % of News Network PCL was 78.00%. The lowest was -234.99%. And the median was -40.14%.

BKK:NEWS-F's Gross Margin % is ranked worse than
98.9% of 2628 companies
in the Software industry
Industry Median: 41.375 vs BKK:NEWS-F: -86.33

News Network PCL had a gross margin of -18.68% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

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


News Network PCL Gross Margin % Historical Data

The historical data trend for News Network 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.

News Network PCL Gross Margin % Chart

News Network 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 33.91 21.51 78.00 -36.21 -234.99

News Network PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -430.90 -278.43 -132.41 -89.31 -18.68

Competitive Comparison of News Network PCL's Gross Margin %

For the Software - Application subindustry, News Network 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.


News Network PCL's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, News Network PCL's Gross Margin % distribution charts can be found below:

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



News Network PCL Gross Margin % Calculation

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

News Network 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 )
=-79.3 / 33.748
=(Revenue - Cost of Goods Sold) / Revenue
=(33.748 - 113.054) / 33.748
=-234.99 %

News Network PCL's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=-6.9 / 36.866
=(Revenue - Cost of Goods Sold) / Revenue
=(36.866 - 43.754) / 36.866
=-18.68 %

* 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.


News Network PCL  (BKK:NEWS-F) 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

News Network PCL had a gross margin of -18.68% for the quarter that ended in Jun. 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.


News Network PCL Gross Margin % Related Terms

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


News Network PCL Business Description

Traded in Other Exchanges
Address
Rama 4 Road, 944 Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
News Network Corp PCL engages in the business activities of the securities business and the main business of the Company is the distribution, installation, and development of software information systems, providing consultation and development of information technology system integrators, including computer network systems, acquisition of hardware, and software development. The company operates in two segments information technology and Securities. The majority of revenue is derived from the securities segment, which provides securities brokerage for investment units and securities brokerage and derivatives business agents.

News Network PCL Headlines

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