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PP Prime PCL (BKK:PPPM-F) Gross Margin % : 3.61% (As of Dec. 2023)


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What is PP Prime PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PP Prime PCL's Gross Profit for the three months ended in Dec. 2023 was ฿10 Mil. PP Prime PCL's Revenue for the three months ended in Dec. 2023 was ฿270 Mil. Therefore, PP Prime PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 3.61%.


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

BKK:PPPM-F' s Gross Margin % Range Over the Past 10 Years
Min: -6.19   Med: 11.9   Max: 17.08
Current: 3.76


During the past 13 years, the highest Gross Margin % of PP Prime PCL was 17.08%. The lowest was -6.19%. And the median was 11.90%.

BKK:PPPM-F's Gross Margin % is ranked worse than
92.98% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.19 vs BKK:PPPM-F: 3.76

PP Prime PCL had a gross margin of 3.61% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


PP Prime PCL Gross Margin % Historical Data

The historical data trend for PP Prime 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.

PP Prime PCL Gross Margin % Chart

PP Prime 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 17.08 13.02 -6.19 0.63 3.75

PP Prime 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 8.80 0.89 5.14 5.50 3.61

Competitive Comparison of PP Prime PCL's Gross Margin %

For the Packaged Foods subindustry, PP Prime 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.


PP Prime PCL's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PP Prime PCL's Gross Margin % distribution charts can be found below:

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



PP Prime PCL Gross Margin % Calculation

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

PP Prime 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 )
=49 / 1304.379
=(Revenue - Cost of Goods Sold) / Revenue
=(1304.379 - 1255.405) / 1304.379
=3.75 %

PP Prime 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 )
=9.7 / 270.069
=(Revenue - Cost of Goods Sold) / Revenue
=(270.069 - 260.324) / 270.069
=3.61 %

* 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.


PP Prime PCL  (BKK:PPPM-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

PP Prime PCL had a gross margin of 3.61% 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.


PP Prime PCL Gross Margin % Related Terms

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


PP Prime PCL (BKK:PPPM-F) Business Description

Traded in Other Exchanges
Address
62 - 62/1 Moo 2 Rorporchor Utapao Road, Nong Chumphon Subdistrict, Khao Yoi District, Phetchaburi, THA, 76140
PP Prime PCL is principally engaged in the manufacture and distribution of aquatic animal feed and pet food and power plant for electricity generation and distribution. The company's operating segments are the Aquatic animal feed segment, the Pets food segment, and the Production and distribution of electricity segment. It produces shrimp food products, fish food products, and pet food products. The company has a business presence in Thailand and Japan. A majority of its revenue is generated from Thailand.

PP Prime PCL (BKK:PPPM-F) Headlines

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