The historical rank and industry rank for G M Polyplast's Gross Margin % or its related term are showing as below:
BOM:543239'
s Gross Margin % Range Over the Past 10 Years
Min: 9.08 Med: 16.17 Max: 24.86
Current: 24.86
During the past 7 years, the highestGross Margin % of G M Polyplast was 24.86%. The lowest was 9.08%. And the median was 16.17%.
BOM:543239's Gross Margin % is ranked better than 56.07% of 1507
companies
in the Chemicals industry
Industry Median: 22.7
vs BOM:543239: 24.86
G M Polyplast had a gross margin of 22.09% for the quarter that ended in Mar. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for G M Polyplast was 18.20% per year.
G M Polyplast Gross Margin % Historical Data
The historical data trend for G M Polyplast'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.
Competitive Comparison of G M Polyplast's Gross Margin %
For the Specialty Chemicals subindustry, G M Polyplast'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.
G M Polyplast's Gross Margin % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, G M Polyplast's Gross Margin % distribution charts can be found below:
* The bar in red indicates where G M Polyplast's Gross Margin % falls into.
* 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.
G M Polyplast (BOM:543239) 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
G M Polyplast had a gross margin of 22.09% 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.
G M Polyplast Gross Margin % Related Terms
Thank you for viewing the detailed overview of G M Polyplast's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
G M Polyplast Ltd is a manufacturer of HIPS, ABS, PET, PP, HDPE Sheets, and Granules. The company's products include Sheet - ABS sheets, HIPS sheets, PET sheets, HDPE sheets, PP sheets, and ESD materials and Granule - PP granule, ABS granule, HIPS granule, & HDPE granules.
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