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Gallant Venture (SGX:5IG) Gross Margin % : 37.22% (As of Dec. 2023)


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What is Gallant Venture Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gallant Venture's Gross Profit for the six months ended in Dec. 2023 was S$35.3 Mil. Gallant Venture's Revenue for the six months ended in Dec. 2023 was S$94.7 Mil. Therefore, Gallant Venture's Gross Margin % for the quarter that ended in Dec. 2023 was 37.22%.


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

SGX:5IG' s Gross Margin % Range Over the Past 10 Years
Min: 15.43   Med: 19.51   Max: 36.96
Current: 36.96


During the past 13 years, the highest Gross Margin % of Gallant Venture was 36.96%. The lowest was 15.43%. And the median was 19.51%.

SGX:5IG's Gross Margin % is ranked better than
64.47% of 501 companies
in the Utilities - Regulated industry
Industry Median: 29.51 vs SGX:5IG: 36.96

Gallant Venture had a gross margin of 37.22% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Gallant Venture was 15.30% per year.


Gallant Venture Gross Margin % Historical Data

The historical data trend for Gallant Venture'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.

Gallant Venture Gross Margin % Chart

Gallant Venture 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 19.36 17.68 22.75 33.15 36.95

Gallant Venture Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 19.27 28.44 37.07 36.67 37.22

Competitive Comparison of Gallant Venture's Gross Margin %

For the Utilities - Diversified subindustry, Gallant Venture'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.


Gallant Venture's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gallant Venture's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gallant Venture's Gross Margin % falls into.



Gallant Venture Gross Margin % Calculation

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

Gallant Venture'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 )
=67.5 / 182.666
=(Revenue - Cost of Goods Sold) / Revenue
=(182.666 - 115.162) / 182.666
=36.95 %

Gallant Venture'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 )
=35.3 / 94.733
=(Revenue - Cost of Goods Sold) / Revenue
=(94.733 - 59.473) / 94.733
=37.22 %

* 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.


Gallant Venture  (SGX:5IG) 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

Gallant Venture had a gross margin of 37.22% for the quarter that ended in Dec. 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.


Gallant Venture Gross Margin % Related Terms

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


Gallant Venture (SGX:5IG) Business Description

Traded in Other Exchanges
N/A
Address
3 HarbourFront Place, No. 16-01 HarbourFront Tower Two, Singapore, SGP, 099254
Gallant Venture Ltd is an investment holding company. The company operates in different segments: Utilities, which is engaged in activities of provision of electricity and water supply, telecommunication services, and waste management services; Industrial parks, which is into the development, construction, operation, and maintenance of industrial properties; Resort operations, which are engaged in the provision of services to resort operation; and Property development, which is engaged in activities of developing industrial and resort properties. The majority is from the utilities segment. Geographically, the Group operates mainly in Indonesia.

Gallant Venture (SGX:5IG) Headlines

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