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Ocean Glass PCL (BKK:OGC-F) Gross Margin % : 35.56% (As of Mar. 2025)


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What is Ocean Glass PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ocean Glass PCL's Gross Profit for the three months ended in Mar. 2025 was ฿143 Mil. Ocean Glass PCL's Revenue for the three months ended in Mar. 2025 was ฿403 Mil. Therefore, Ocean Glass PCL's Gross Margin % for the quarter that ended in Mar. 2025 was 35.56%.

Warning Sign:

Ocean Glass PCL gross margin has been in long-term decline. The average rate of decline per year is -2%.


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

BKK:OGC-F' s Gross Margin % Range Over the Past 10 Years
Min: 28.66   Med: 33.96   Max: 42.69
Current: 32.39


During the past 13 years, the highest Gross Margin % of Ocean Glass PCL was 42.69%. The lowest was 28.66%. And the median was 33.96%.

BKK:OGC-F's Gross Margin % is ranked better than
56.97% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.535 vs BKK:OGC-F: 32.39

Ocean Glass PCL had a gross margin of 35.56% for the quarter that ended in Mar. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ocean Glass PCL was -2.00% per year.


Ocean Glass PCL Gross Margin % Historical Data

The historical data trend for Ocean Glass 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.

Ocean Glass PCL Gross Margin % Chart

Ocean Glass PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.46 34.44 28.66 32.49 32.24

Ocean Glass PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 35.06 33.69 24.26 35.89 35.56

Competitive Comparison of Ocean Glass PCL's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Ocean Glass 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.


Ocean Glass PCL's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ocean Glass PCL's Gross Margin % distribution charts can be found below:

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


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Ocean Glass PCL Gross Margin % Calculation

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

Ocean Glass PCL's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=574.5 / 1782.099
=(Revenue - Cost of Goods Sold) / Revenue
=(1782.099 - 1207.596) / 1782.099
=32.24 %

Ocean Glass PCL's Gross Margin for the quarter that ended in Mar. 2025 is calculated as


Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=143.2 / 402.594
=(Revenue - Cost of Goods Sold) / Revenue
=(402.594 - 259.412) / 402.594
=35.56 %

* 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.


Ocean Glass PCL  (BKK:OGC-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

Ocean Glass PCL had a gross margin of 35.56% for the quarter that ended in Mar. 2025 => 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.


Ocean Glass PCL Gross Margin % Related Terms

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


Ocean Glass PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit 19 Road, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.

Ocean Glass PCL Headlines

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