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Seafco PCL (BKK:SEAFCO) Gross Margin % : 18.08% (As of Mar. 2024)


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What is Seafco PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Seafco PCL's Gross Profit for the three months ended in Mar. 2024 was ฿72 Mil. Seafco PCL's Revenue for the three months ended in Mar. 2024 was ฿397 Mil. Therefore, Seafco PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 18.08%.


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

BKK:SEAFCO' s Gross Margin % Range Over the Past 10 Years
Min: -7.11   Med: 17.78   Max: 22.56
Current: 18.8


During the past 13 years, the highest Gross Margin % of Seafco PCL was 22.56%. The lowest was -7.11%. And the median was 17.78%.

BKK:SEAFCO's Gross Margin % is ranked worse than
50.99% of 1614 companies
in the Construction industry
Industry Median: 19.495 vs BKK:SEAFCO: 18.80

Seafco PCL had a gross margin of 18.08% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Seafco PCL Gross Margin % Historical Data

The historical data trend for Seafco 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.

Seafco PCL Gross Margin % Chart

Seafco 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 21.27 13.50 2.17 -7.11 18.10

Seafco 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 15.56 12.38 22.73 21.82 18.08

Competitive Comparison of Seafco PCL's Gross Margin %

For the Engineering & Construction subindustry, Seafco 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.


Seafco PCL's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Seafco PCL's Gross Margin % distribution charts can be found below:

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



Seafco PCL Gross Margin % Calculation

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

Seafco 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 )
=323.3 / 1786.027
=(Revenue - Cost of Goods Sold) / Revenue
=(1786.027 - 1462.709) / 1786.027
=18.10 %

Seafco 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 )
=71.7 / 396.614
=(Revenue - Cost of Goods Sold) / Revenue
=(396.614 - 324.921) / 396.614
=18.08 %

* 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.


Seafco PCL  (BKK:SEAFCO) 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

Seafco PCL had a gross margin of 18.08% 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.


Seafco PCL Gross Margin % Related Terms

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


Seafco PCL (BKK:SEAFCO) Business Description

Traded in Other Exchanges
N/A
Address
144 Prayasuren Road, Bangchan, Khlong Sam Wah, Bangkok, THA, 10510
Seafco PCL is a Thailand-based company engaged in the business of contractual construction work. Its services include bored piling, diaphragm walling, barrette piling, substructure works, civil construction, ground improvement, and ancillary services. Its diaphragm walls are used for deep basements, underpass tunnels, cut and cover tunnels. Geographically, the firm caters its services to the domestic and overseas markets.

Seafco PCL (BKK:SEAFCO) Headlines

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