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S Khonkaen Foods PCL (BKK:SORKON) Gross Margin % : 25.13% (As of Sep. 2024)


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What is S Khonkaen Foods PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. S Khonkaen Foods PCL's Gross Profit for the three months ended in Sep. 2024 was ฿213 Mil. S Khonkaen Foods PCL's Revenue for the three months ended in Sep. 2024 was ฿846 Mil. Therefore, S Khonkaen Foods PCL's Gross Margin % for the quarter that ended in Sep. 2024 was 25.13%.

Warning Sign:

S Khonkaen Foods PCL gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


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

BKK:SORKON' s Gross Margin % Range Over the Past 10 Years
Min: 23.54   Med: 28.03   Max: 32.12
Current: 27.03


During the past 13 years, the highest Gross Margin % of S Khonkaen Foods PCL was 32.12%. The lowest was 23.54%. And the median was 28.03%.

BKK:SORKON's Gross Margin % is ranked better than
52.88% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 25.825 vs BKK:SORKON: 27.03

S Khonkaen Foods PCL had a gross margin of 25.13% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for S Khonkaen Foods PCL was -3.60% per year.


S Khonkaen Foods PCL Gross Margin % Historical Data

The historical data trend for S Khonkaen Foods 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.

S Khonkaen Foods PCL Gross Margin % Chart

S Khonkaen Foods 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 25.86 26.02 26.82 23.54 23.86

S Khonkaen Foods PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.82 29.93 25.11 27.92 25.13

Competitive Comparison of S Khonkaen Foods PCL's Gross Margin %

For the Packaged Foods subindustry, S Khonkaen Foods 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.


S Khonkaen Foods PCL's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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



S Khonkaen Foods PCL Gross Margin % Calculation

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

S Khonkaen Foods 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 )
=738.6 / 3095.738
=(Revenue - Cost of Goods Sold) / Revenue
=(3095.738 - 2357.129) / 3095.738
=23.86 %

S Khonkaen Foods PCL's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=212.6 / 846.031
=(Revenue - Cost of Goods Sold) / Revenue
=(846.031 - 633.449) / 846.031
=25.13 %

* 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.


S Khonkaen Foods PCL  (BKK:SORKON) 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

S Khonkaen Foods PCL had a gross margin of 25.13% for the quarter that ended in Sep. 2024 => 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.


S Khonkaen Foods PCL Gross Margin % Related Terms

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S Khonkaen Foods PCL Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit 71 Road (Pridi Banomyong), 259/13 Soi Pridi Banomyong 13, Phrakanong Nuer, Vadhana, Bangkok, THA, 10110
S Khonkaen Foods PCL is principally engaged in the manufacture and distribution of processed food products from meat and seafood, restaurants, and swine farm. The company's four reportable segments are Processed food from pork, Processed seafood, Restaurants, and Swine farm, of which key revenue is derived from the Processed food from pork and Processed seafood segment. The group has a business presence in Thailand and Other countries. The majority of revenue is derived from Thailand.

S Khonkaen Foods PCL Headlines

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