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Thanasiri Group PCL (BKK:THANA-R) Gross Margin % : 32.00% (As of Mar. 2025)


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What is Thanasiri Group PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Thanasiri Group PCL's Gross Profit for the three months ended in Mar. 2025 was ฿21.9 Mil. Thanasiri Group PCL's Revenue for the three months ended in Mar. 2025 was ฿68.4 Mil. Therefore, Thanasiri Group PCL's Gross Margin % for the quarter that ended in Mar. 2025 was 32.00%.


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

BKK:THANA-R' s Gross Margin % Range Over the Past 10 Years
Min: 21.69   Med: 28.31   Max: 33.22
Current: 27.57


During the past 13 years, the highest Gross Margin % of Thanasiri Group PCL was 33.22%. The lowest was 21.69%. And the median was 28.31%.

BKK:THANA-R's Gross Margin % is ranked worse than
63.5% of 1633 companies
in the Real Estate industry
Industry Median: 36.53 vs BKK:THANA-R: 27.57

Thanasiri Group PCL had a gross margin of 32.00% for the quarter that ended in Mar. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Thanasiri Group PCL was 5.10% per year.


Thanasiri Group PCL Gross Margin % Historical Data

The historical data trend for Thanasiri Group 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.

Thanasiri Group PCL Gross Margin % Chart

Thanasiri Group PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.78 25.41 32.13 27.97 28.64

Thanasiri Group PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 40.76 41.51 31.10 11.82 32.00

Competitive Comparison of Thanasiri Group PCL's Gross Margin %

For the Real Estate - Development subindustry, Thanasiri Group 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.


Thanasiri Group PCL's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Thanasiri Group PCL's Gross Margin % distribution charts can be found below:

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


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Thanasiri Group PCL Gross Margin % Calculation

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

Thanasiri Group PCL's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=155.4 / 542.751
=(Revenue - Cost of Goods Sold) / Revenue
=(542.751 - 387.312) / 542.751
=28.64 %

Thanasiri Group PCL's Gross Margin for the quarter that ended in Mar. 2025 is calculated as


Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=21.9 / 68.395
=(Revenue - Cost of Goods Sold) / Revenue
=(68.395 - 46.506) / 68.395
=32.00 %

* 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.


Thanasiri Group PCL  (BKK:THANA-R) 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

Thanasiri Group PCL had a gross margin of 32.00% for the quarter that ended in Mar. 2025 => 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.


Thanasiri Group PCL Gross Margin % Related Terms

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Thanasiri Group PCL Business Description

Traded in Other Exchanges
Address
650, 652 Baromratchonnanee Road, Bangbumru, Bangplad, Bangkok, THA, 10700
Thanasiri Group PCL is a Thailand based company. It is engaged in the business of Property development for sale. The operations of the company are located in Thailand. The projects of the company include Thana Hibbati Pinklao - Sirindhorn, Thanasiri Ratchaphruek - Tha Nam Non, Thana Village Rama 5 - Bangyai, Thanasio Rattanathibet and Thana Cluster Ratchapruek, among others. Its operating segments include Real estate business - horizontal; Service business and Sell products business.

Thanasiri Group PCL Headlines

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