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Pacific Basin Shipping (FRA:OYD) Gross Margin % : 4.69% (As of Jun. 2024)


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What is Pacific Basin Shipping Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pacific Basin Shipping's Gross Profit for the six months ended in Jun. 2024 was €56 Mil. Pacific Basin Shipping's Revenue for the six months ended in Jun. 2024 was €1,191 Mil. Therefore, Pacific Basin Shipping's Gross Margin % for the quarter that ended in Jun. 2024 was 4.69%.


The historical rank and industry rank for Pacific Basin Shipping's Gross Margin % or its related term are showing as below:

FRA:OYD' s Gross Margin % Range Over the Past 10 Years
Min: -5   Med: 3.54   Max: 24.87
Current: 4.55


During the past 13 years, the highest Gross Margin % of Pacific Basin Shipping was 24.87%. The lowest was -5.00%. And the median was 3.54%.

FRA:OYD's Gross Margin % is ranked worse than
91.96% of 945 companies
in the Transportation industry
Industry Median: 19.83 vs FRA:OYD: 4.55

Pacific Basin Shipping had a gross margin of 4.69% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pacific Basin Shipping was 23.70% per year.


Pacific Basin Shipping Gross Margin % Historical Data

The historical data trend for Pacific Basin Shipping'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.

Pacific Basin Shipping Gross Margin % Chart

Pacific Basin Shipping 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 4.57 2.51 24.87 22.31 5.70

Pacific Basin Shipping Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 28.35 15.63 7.02 4.39 4.69

Competitive Comparison of Pacific Basin Shipping's Gross Margin %

For the Marine Shipping subindustry, Pacific Basin Shipping'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.


Pacific Basin Shipping's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pacific Basin Shipping's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pacific Basin Shipping's Gross Margin % falls into.



Pacific Basin Shipping Gross Margin % Calculation

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

Pacific Basin Shipping'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 )
=120.1 / 2106.002
=(Revenue - Cost of Goods Sold) / Revenue
=(2106.002 - 1985.92) / 2106.002
=5.70 %

Pacific Basin Shipping's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=55.8 / 1190.552
=(Revenue - Cost of Goods Sold) / Revenue
=(1190.552 - 1134.745) / 1190.552
=4.69 %

* 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.


Pacific Basin Shipping  (FRA:OYD) 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

Pacific Basin Shipping had a gross margin of 4.69% for the quarter that ended in Jun. 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.


Pacific Basin Shipping Gross Margin % Related Terms

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Pacific Basin Shipping Business Description

Traded in Other Exchanges
Address
2 Heung Yip Road, 31st Floor One Island South, Wong Chuk Hang, Hong Kong, HKG
Pacific Basin Shipping Ltd is an investment holding company engaged in the provision of dry bulk shipping services internationally including Asia, America, Europe, Africa, Middle East and India, and Australia and New Zealand. The company generates revenue from shipping activities, the principal sources of which are derived from Handysize and Supramax vessels.

Pacific Basin Shipping Headlines

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