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PT Bumi Serpong Damai Tbk (ISX:BSDE) Gross Margin % : 41.30% (As of Dec. 2023)


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What is PT Bumi Serpong Damai Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Bumi Serpong Damai Tbk's Gross Profit for the three months ended in Dec. 2023 was Rp1,747,302 Mil. PT Bumi Serpong Damai Tbk's Revenue for the three months ended in Dec. 2023 was Rp4,230,823 Mil. Therefore, PT Bumi Serpong Damai Tbk's Gross Margin % for the quarter that ended in Dec. 2023 was 41.30%.

Warning Sign:

PT Bumi Serpong Damai Tbk gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


The historical rank and industry rank for PT Bumi Serpong Damai Tbk's Gross Margin % or its related term are showing as below:

ISX:BSDE' s Gross Margin % Range Over the Past 10 Years
Min: 55.56   Med: 71.51   Max: 74.69
Current: 55.57


During the past 13 years, the highest Gross Margin % of PT Bumi Serpong Damai Tbk was 74.69%. The lowest was 55.56%. And the median was 71.51%.

ISX:BSDE's Gross Margin % is ranked better than
68.42% of 1650 companies
in the Real Estate industry
Industry Median: 36.775 vs ISX:BSDE: 55.57

PT Bumi Serpong Damai Tbk had a gross margin of 41.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Bumi Serpong Damai Tbk was -4.50% per year.


PT Bumi Serpong Damai Tbk Gross Margin % Historical Data

The historical data trend for PT Bumi Serpong Damai Tbk'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.

PT Bumi Serpong Damai Tbk Gross Margin % Chart

PT Bumi Serpong Damai Tbk 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 71.51 68.79 61.92 66.69 55.56

PT Bumi Serpong Damai Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 75.70 64.34 62.53 64.36 41.30

Competitive Comparison of PT Bumi Serpong Damai Tbk's Gross Margin %

For the Real Estate - Development subindustry, PT Bumi Serpong Damai Tbk'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.


PT Bumi Serpong Damai Tbk's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Bumi Serpong Damai Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Bumi Serpong Damai Tbk's Gross Margin % falls into.



PT Bumi Serpong Damai Tbk Gross Margin % Calculation

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

PT Bumi Serpong Damai Tbk'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 )
=6411686.6 / 11539141.25
=(Revenue - Cost of Goods Sold) / Revenue
=(11539141.25 - 5127454.604) / 11539141.25
=55.56 %

PT Bumi Serpong Damai Tbk's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1747302.5 / 4230823.246
=(Revenue - Cost of Goods Sold) / Revenue
=(4230823.246 - 2483520.761) / 4230823.246
=41.30 %

* 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.


PT Bumi Serpong Damai Tbk  (ISX:BSDE) 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

PT Bumi Serpong Damai Tbk had a gross margin of 41.30% for the quarter that ended in Dec. 2023 => Durable 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.


PT Bumi Serpong Damai Tbk Gross Margin % Related Terms

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PT Bumi Serpong Damai Tbk (ISX:BSDE) Business Description

Traded in Other Exchanges
Address
Sinar Mas Land Plaza, Jalan Grand Boulevard, BSD Green Office Park, BSD City, Tangerang, IDN, 15345
PT Bumi Serpong Damai Tbk is a general real estate company. The company reports five segments: real estate, property, hotel, toll road, and others. Its real estate segment, which is engaged in the development of real estate properties, generates the vast majority of the company's revenue. PT Bumi's operations are centered in Indonesia. The company is developing Bumi Serpong Damai, which is a planned community in the Jakarta region. The community is intended to be fully self-sufficient in terms of infrastructure, health facilities, education, and recreation.

PT Bumi Serpong Damai Tbk (ISX:BSDE) Headlines