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Thai Wah PCL (BKK:TWPC) Gross Margin % : 17.42% (As of Dec. 2024)


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What is Thai Wah PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Thai Wah PCL's Gross Profit for the three months ended in Dec. 2024 was ฿456 Mil. Thai Wah PCL's Revenue for the three months ended in Dec. 2024 was ฿2,615 Mil. Therefore, Thai Wah PCL's Gross Margin % for the quarter that ended in Dec. 2024 was 17.42%.

Warning Sign:

Thai Wah PCL gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


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

BKK:TWPC' s Gross Margin % Range Over the Past 10 Years
Min: 15.02   Med: 17.09   Max: 25.36
Current: 15.02


During the past 13 years, the highest Gross Margin % of Thai Wah PCL was 25.36%. The lowest was 15.02%. And the median was 17.09%.

BKK:TWPC's Gross Margin % is ranked worse than
75.19% of 1842 companies
in the Consumer Packaged Goods industry
Industry Median: 25.75 vs BKK:TWPC: 15.02

Thai Wah PCL had a gross margin of 17.42% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Thai Wah PCL was -1.70% per year.


Thai Wah PCL Gross Margin % Historical Data

The historical data trend for Thai Wah 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.

Thai Wah PCL Gross Margin % Chart

Thai Wah 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 15.71 19.73 17.83 15.10 15.02

Thai Wah PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 15.04 17.48 13.54 11.19 17.42

Competitive Comparison of Thai Wah PCL's Gross Margin %

For the Packaged Foods subindustry, Thai Wah 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.


Thai Wah PCL's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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


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Thai Wah PCL Gross Margin % Calculation

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

Thai Wah 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 )
=1507.6 / 10036.988
=(Revenue - Cost of Goods Sold) / Revenue
=(10036.988 - 8529.395) / 10036.988
=15.02 %

Thai Wah PCL's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=455.5 / 2614.565
=(Revenue - Cost of Goods Sold) / Revenue
=(2614.565 - 2159.022) / 2614.565
=17.42 %

* 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.


Thai Wah PCL  (BKK:TWPC) 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

Thai Wah PCL had a gross margin of 17.42% for the quarter that ended in Dec. 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.


Thai Wah PCL Gross Margin % Related Terms

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


Thai Wah PCL Business Description

Traded in Other Exchanges
N/A
Address
South Sathorn Road, 21/11, 21/13 Thai Wah Tower 1 Building, 6th Floor, Tungmahamek, Sathorn, Bangkok, THA, 10120
Thai Wah PCL is a SEA Agri-Food Company engaged in the manufacture and distribution of vermicelli, tapioca starch and other food products. The Group is organised into business units based on their products and services and have reportable segments as the manufacture and distribution of starch and other agricultural products and the manufacture and distribution of vermicelli and other food products.

Thai Wah PCL Headlines

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