GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » CosmoSteel Holdings Ltd (SGX:B9S) » Definitions » Gross Margin %

CosmoSteel Holdings (SGX:B9S) Gross Margin % : 12.94% (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is CosmoSteel Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CosmoSteel Holdings's Gross Profit for the six months ended in Sep. 2024 was S$4.41 Mil. CosmoSteel Holdings's Revenue for the six months ended in Sep. 2024 was S$34.08 Mil. Therefore, CosmoSteel Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 12.94%.

Warning Sign:

CosmoSteel Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.6%.


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

SGX:B9S' s Gross Margin % Range Over the Past 10 Years
Min: 13.42   Med: 17.79   Max: 23.97
Current: 13.42


During the past 13 years, the highest Gross Margin % of CosmoSteel Holdings was 23.97%. The lowest was 13.42%. And the median was 17.79%.

SGX:B9S's Gross Margin % is ranked worse than
81.41% of 156 companies
in the Industrial Distribution industry
Industry Median: 23.67 vs SGX:B9S: 13.42

CosmoSteel Holdings had a gross margin of 12.94% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CosmoSteel Holdings was -6.60% per year.


CosmoSteel Holdings Gross Margin % Historical Data

The historical data trend for CosmoSteel Holdings'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.

CosmoSteel Holdings Gross Margin % Chart

CosmoSteel Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.21 17.78 23.97 15.80 13.42

CosmoSteel Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 25.54 16.16 15.21 13.89 12.94

Competitive Comparison of CosmoSteel Holdings's Gross Margin %

For the Industrial Distribution subindustry, CosmoSteel Holdings'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.


CosmoSteel Holdings's Gross Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, CosmoSteel Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CosmoSteel Holdings's Gross Margin % falls into.



CosmoSteel Holdings Gross Margin % Calculation

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

CosmoSteel Holdings's Gross Margin for the fiscal year that ended in Sep. 2024 is calculated as

Gross Margin % (A: Sep. 2024 )=Gross Profit (A: Sep. 2024 ) / Revenue (A: Sep. 2024 )
=9.3 / 69.617
=(Revenue - Cost of Goods Sold) / Revenue
=(69.617 - 60.274) / 69.617
=13.42 %

CosmoSteel Holdings's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=4.4 / 34.077
=(Revenue - Cost of Goods Sold) / Revenue
=(34.077 - 29.669) / 34.077
=12.94 %

* 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.


CosmoSteel Holdings  (SGX:B9S) 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

CosmoSteel Holdings had a gross margin of 12.94% for the quarter that ended in Sep. 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.


CosmoSteel Holdings Gross Margin % Related Terms

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


CosmoSteel Holdings Business Description

Traded in Other Exchanges
N/A
Address
14 Lok Yang Way, Singapore, SGP, 628633
CosmoSteel Holdings Ltd is an investment holding company engaged in the sale, supply, and machining of flanges, steel fittings, tubings, and pipes for main industries. Its operating segment includes Energy, Marine, Trading, and others. The company generates maximum revenue from the Energy segment. Its Energy segment comprises oil and gas, engineering and construction, petrochemical, and power. Geographically, it derives a majority of revenue from Singapore.

CosmoSteel Holdings Headlines

No Headlines