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Porn Prom Metal PCL (BKK:PPM) Gross Margin % : 14.76% (As of Jun. 2024)


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What is Porn Prom Metal PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Porn Prom Metal PCL's Gross Profit for the three months ended in Jun. 2024 was ฿74 Mil. Porn Prom Metal PCL's Revenue for the three months ended in Jun. 2024 was ฿503 Mil. Therefore, Porn Prom Metal PCL's Gross Margin % for the quarter that ended in Jun. 2024 was 14.76%.


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

BKK:PPM' s Gross Margin % Range Over the Past 10 Years
Min: 9.41   Med: 12.13   Max: 16.86
Current: 16.86


During the past 13 years, the highest Gross Margin % of Porn Prom Metal PCL was 16.86%. The lowest was 9.41%. And the median was 12.13%.

BKK:PPM's Gross Margin % is ranked worse than
67.33% of 150 companies
in the Industrial Distribution industry
Industry Median: 23.105 vs BKK:PPM: 16.86

Porn Prom Metal PCL had a gross margin of 14.76% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Porn Prom Metal PCL was 5.50% per year.


Porn Prom Metal PCL Gross Margin % Historical Data

The historical data trend for Porn Prom Metal 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.

Porn Prom Metal PCL Gross Margin % Chart

Porn Prom Metal 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 12.02 9.41 14.59 9.50 15.84

Porn Prom Metal 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 15.76 15.95 20.14 15.95 14.76

Competitive Comparison of Porn Prom Metal PCL's Gross Margin %

For the Industrial Distribution subindustry, Porn Prom Metal 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.


Porn Prom Metal PCL's Gross Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Porn Prom Metal PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Porn Prom Metal PCL's Gross Margin % falls into.



Porn Prom Metal PCL Gross Margin % Calculation

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

Porn Prom Metal 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 )
=382.3 / 2413.213
=(Revenue - Cost of Goods Sold) / Revenue
=(2413.213 - 2030.945) / 2413.213
=15.84 %

Porn Prom Metal 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 )
=74.3 / 503.262
=(Revenue - Cost of Goods Sold) / Revenue
=(503.262 - 428.991) / 503.262
=14.76 %

* 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.


Porn Prom Metal PCL  (BKK:PPM) 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

Porn Prom Metal PCL had a gross margin of 14.76% 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.


Porn Prom Metal PCL Gross Margin % Related Terms

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


Porn Prom Metal PCL Business Description

Traded in Other Exchanges
N/A
Address
229 Nakornratchasima Road, Dusit, Bangkok, THA, 10300
Porn Prom Metal PCL is involved in distributing metal products such as brass, copper, stainless, aluminum and hotel and restaurant and entertainment center (Community mall). It has three principal segments: Sales of raw material for industry, production, and sales of flexible packaging and provide service for design, supply, and installation of electricity by using alternative energy and assemble solar cells for export; and sales of construction material; and sales of solar roofs. The company and its subsidiaries have operations in Thailand.

Porn Prom Metal PCL Headlines

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