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PT Chandra Asri Pacific Tbk (PT Chandra Asri Pacific Tbk) Gross Margin % : 0.11% (As of Mar. 2024)


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What is PT Chandra Asri Pacific Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Chandra Asri Pacific Tbk's Gross Profit for the three months ended in Mar. 2024 was $1 Mil. PT Chandra Asri Pacific Tbk's Revenue for the three months ended in Mar. 2024 was $472 Mil. Therefore, PT Chandra Asri Pacific Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 0.11%.


The historical rank and industry rank for PT Chandra Asri Pacific Tbk's Gross Margin % or its related term are showing as below:

PTPIF' s Gross Margin % Range Over the Past 10 Years
Min: -0.46   Med: 9.86   Max: 25.61
Current: 2.3


During the past 13 years, the highest Gross Margin % of PT Chandra Asri Pacific Tbk was 25.61%. The lowest was -0.46%. And the median was 9.86%.

PTPIF's Gross Margin % is ranked worse than
95.3% of 1510 companies
in the Chemicals industry
Industry Median: 22.355 vs PTPIF: 2.30

PT Chandra Asri Pacific Tbk had a gross margin of 0.11% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Chandra Asri Pacific Tbk was 0.00% per year.


PT Chandra Asri Pacific Tbk Gross Margin % Historical Data

The historical data trend for PT Chandra Asri Pacific 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 Chandra Asri Pacific Tbk Gross Margin % Chart

PT Chandra Asri Pacific 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 9.10 9.14 13.37 -0.46 3.79

PT Chandra Asri Pacific Tbk 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 6.64 2.44 3.02 3.36 0.11

Competitive Comparison of PT Chandra Asri Pacific Tbk's Gross Margin %

For the Specialty Chemicals subindustry, PT Chandra Asri Pacific 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 Chandra Asri Pacific Tbk's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Chandra Asri Pacific Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Chandra Asri Pacific Tbk's Gross Margin % falls into.



PT Chandra Asri Pacific Tbk Gross Margin % Calculation

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

PT Chandra Asri Pacific 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 )
=81.8 / 2159.932
=(Revenue - Cost of Goods Sold) / Revenue
=(2159.932 - 2078.102) / 2159.932
=3.79 %

PT Chandra Asri Pacific Tbk'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 )
=0.5 / 471.919
=(Revenue - Cost of Goods Sold) / Revenue
=(471.919 - 471.399) / 471.919
=0.11 %

* 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 Chandra Asri Pacific Tbk  (OTCPK:PTPIF) 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 Chandra Asri Pacific Tbk had a gross margin of 0.11% for the quarter that ended in Mar. 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.


PT Chandra Asri Pacific Tbk Gross Margin % Related Terms

Thank you for viewing the detailed overview of PT Chandra Asri Pacific Tbk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Chandra Asri Pacific Tbk (PT Chandra Asri Pacific Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Let. Jend. S. Parman Kav. 62 - 63, Wisma Barito Pacific Tower A, 7th Floor, Jakarta, IDN, 11410
PT Chandra Asri Petrochemical Tbk produces petrochemicals. Its products are olefins, polyolefins, styrene monomer, butadiene, and its byproducts. The company operates through Olefin; Polyolefin; Styrene monomer; Butadiene; Methyl Tertiary Butyl Ether (MTBE) and Butene-1 and Tanks and jetty rental. It generates maximum revenue from the polyolefins segment. The Polyolefins segment comprises the manufacturing of polyethylene and polypropylene petrochemicals.

PT Chandra Asri Pacific Tbk (PT Chandra Asri Pacific Tbk) Headlines

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