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Syntec Construction PCL (BKK:SYNTEC) Gross Margin % : 8.11% (As of Dec. 2023)


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What is Syntec Construction PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Syntec Construction PCL's Gross Profit for the three months ended in Dec. 2023 was ฿181 Mil. Syntec Construction PCL's Revenue for the three months ended in Dec. 2023 was ฿2,233 Mil. Therefore, Syntec Construction PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 8.11%.

Warning Sign:

Syntec Construction PCL gross margin has been in long-term decline. The average rate of decline per year is -26.2%.


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

BKK:SYNTEC' s Gross Margin % Range Over the Past 10 Years
Min: 1.35   Med: 11.29   Max: 19.84
Current: 6.54


During the past 13 years, the highest Gross Margin % of Syntec Construction PCL was 19.84%. The lowest was 1.35%. And the median was 11.29%.

BKK:SYNTEC's Gross Margin % is ranked worse than
85.93% of 1613 companies
in the Construction industry
Industry Median: 19.23 vs BKK:SYNTEC: 6.54

Syntec Construction PCL had a gross margin of 8.11% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Syntec Construction PCL was -26.20% per year.


Syntec Construction PCL Gross Margin % Historical Data

The historical data trend for Syntec Construction 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.

Syntec Construction PCL Gross Margin % Chart

Syntec Construction 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 11.03 7.54 9.79 1.35 6.54

Syntec Construction 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 3.39 2.95 7.18 7.48 8.11

Competitive Comparison of Syntec Construction PCL's Gross Margin %

For the Engineering & Construction subindustry, Syntec Construction 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.


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

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

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



Syntec Construction PCL Gross Margin % Calculation

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

Syntec Construction 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 )
=477.5 / 7306.167
=(Revenue - Cost of Goods Sold) / Revenue
=(7306.167 - 6828.638) / 7306.167
=6.54 %

Syntec Construction 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 )
=181.2 / 2233.201
=(Revenue - Cost of Goods Sold) / Revenue
=(2233.201 - 2051.998) / 2233.201
=8.11 %

* 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.


Syntec Construction PCL  (BKK:SYNTEC) 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

Syntec Construction PCL had a gross margin of 8.11% 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.


Syntec Construction PCL Gross Margin % Related Terms

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


Syntec Construction PCL (BKK:SYNTEC) Business Description

Traded in Other Exchanges
N/A
Address
555/7-11 Sukhumvit Soi 63 (Ekamai), Sukhumvit Road, Klongton Nua, Wattana, Bangkok, THA, 10110
Syntec Construction PCL is a Thailand based company, that engages in construction contracts and civil engineering works. It is engaged in the provision of construction and real estate services to government and private bureaus. It operates through the following businesses: Construction Business; Real estate development for Room Service or Service Apartment and Rental Business, and Operate the Management Business for Hotel, Service Apartment, and Other Properties. Its construction projects include infrastructure, institutional projects, residential buildings, commercial buildings, hotels, resorts, shopping malls and industrial construction.

Syntec Construction PCL (BKK:SYNTEC) Headlines

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