Jumbo Group (SGX:42R) Gross Margin % : 32.80% (As of Sep. 2023)

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What is Jumbo Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jumbo Group's Gross Profit for the six months ended in Sep. 2023 was S$30.4 Mil. Jumbo Group's Revenue for the six months ended in Sep. 2023 was S$92.8 Mil. Therefore, Jumbo Group's Gross Margin % for the quarter that ended in Sep. 2023 was 32.80%.

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

SGX:42R' s Gross Margin % Range Over the Past 10 Years
Min: 19.61 Med: 33.49 Max: 63.22
Current: 33.95

During the past 10 years, the highest Gross Margin % of Jumbo Group was 63.22%. The lowest was 19.61%. And the median was 33.49%.

SGX:42R's Gross Margin % is ranked worse than
71.14% of 343 companies
in the Restaurants industry
Industry Median: 47.41 vs SGX:42R: 33.95

Jumbo Group had a gross margin of 32.80% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jumbo Group was 0.40% per year.

Jumbo Group Gross Margin % Historical Data

The historical data trend for Jumbo Group'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.

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Jumbo Group Gross Margin % Chart

Jumbo Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross Margin %

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33.03

22.79

19.61

32.96

33.95

Jumbo Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial														14.19	25.98	38.21	35.19	32.80

Competitive Comparison of Jumbo Group's Gross Margin %

For the Restaurants subindustry, Jumbo Group'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.

Jumbo Group's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jumbo Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jumbo Group's Gross Margin % falls into.

Jumbo Group Gross Margin % Calculation

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

Jumbo Group's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )	=	Gross Profit (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	60.7	/	178.756
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(178.756 - 118.072)	/	178.756
	=	33.95 %

Jumbo Group's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	30.4	/	92.836
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(92.836 - 62.39)	/	92.836
	=	32.80 %

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.

Jumbo Group (SGX:42R) 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

Jumbo Group had a gross margin of 32.80% for the quarter that ended in Sep. 2023 => 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.

Jumbo Group Gross Margin % Related Terms

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Jumbo Group (SGX:42R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jumbo Group Ltd (SGX:42R) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Kaki Bukit Avenue 1, No 03-08, Singapore, SGP, 417939

Website

https://www.jumbogroup.sg

Jumbo Group Ltd is a Singapore-based company operating a seafood restaurant. It operates many outlets under the Jumbo Seafood, NG AH SIO Bak Kut Teh, Chui Huay Lim Teochew Cuisine, and Singapore Seafood Republic brands. The company also offers catering services and through retail outlet sources, it sells packaged Jumbo chili crab pastes, black pepper crab spice mixes, and Teochew style bak kut teh spice mixes. Its geographical area of operation includes Singapore, Taiwan, and China of which Singapore accounts for the majority of its revenue.

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