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T ks Technologies PCL (BKK:TKS) Gross Margin % : 36.21% (As of Mar. 2024)


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What is T ks Technologies PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. T ks Technologies PCL's Gross Profit for the three months ended in Mar. 2024 was ฿138 Mil. T ks Technologies PCL's Revenue for the three months ended in Mar. 2024 was ฿380 Mil. Therefore, T ks Technologies PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 36.21%.


The historical rank and industry rank for T ks Technologies PCL's Gross Margin % or its related term are showing as below:

BKK:TKS' s Gross Margin % Range Over the Past 10 Years
Min: 21.03   Med: 24.96   Max: 31.26
Current: 31.26


During the past 13 years, the highest Gross Margin % of T ks Technologies PCL was 31.26%. The lowest was 21.03%. And the median was 24.96%.

BKK:TKS's Gross Margin % is ranked worse than
54.29% of 991 companies
in the Business Services industry
Industry Median: 34.73 vs BKK:TKS: 31.26

T ks Technologies PCL had a gross margin of 36.21% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for T ks Technologies PCL was 9.10% per year.


T ks Technologies PCL Gross Margin % Historical Data

The historical data trend for T ks Technologies 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.

T ks Technologies PCL Gross Margin % Chart

T ks Technologies 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 21.34 22.42 28.54 30.79 29.60

T ks Technologies 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 29.79 29.43 29.29 29.91 36.21

Competitive Comparison of T ks Technologies PCL's Gross Margin %

For the Specialty Business Services subindustry, T ks Technologies 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.


T ks Technologies PCL's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, T ks Technologies PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where T ks Technologies PCL's Gross Margin % falls into.



T ks Technologies PCL Gross Margin % Calculation

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

T ks Technologies 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 )
=440.5 / 1488.262
=(Revenue - Cost of Goods Sold) / Revenue
=(1488.262 - 1047.756) / 1488.262
=29.60 %

T ks Technologies 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 )
=137.8 / 380.47
=(Revenue - Cost of Goods Sold) / Revenue
=(380.47 - 242.717) / 380.47
=36.21 %

* 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.


T ks Technologies PCL  (BKK:TKS) 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

T ks Technologies PCL had a gross margin of 36.21% for the quarter that ended in Mar. 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.


T ks Technologies PCL Gross Margin % Related Terms

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T ks Technologies PCL (BKK:TKS) Business Description

Traded in Other Exchanges
N/A
Address
30/88 Moo 1, Chetsadawithi Road, Khokkam Sub-district, Mueang Samutsakhon district, Samutsakhon, THA, 74000
T ks Technologies PCL is engaged in the manufacturing of business forms, continuous paper forms, security printing, other printing, continuous labels and printing warehouse service. The company's reportable segments include manufacturing of business forms, continuous paper forms and securities printing, providing information technology system and software services and investment in associates and joint venture and other investments. It has a business presence in Thailand, Asia and other regions, of which key revenue is earned from Thailand.

T ks Technologies PCL (BKK:TKS) Headlines

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