Credit Bureau Asia (SGX:TCU) Gross Margin % : 81.33% (As of Dec. 2023)

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What is Credit Bureau Asia Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Credit Bureau Asia's Gross Profit for the six months ended in Dec. 2023 was S$22.62 Mil. Credit Bureau Asia's Revenue for the six months ended in Dec. 2023 was S$27.81 Mil. Therefore, Credit Bureau Asia's Gross Margin % for the quarter that ended in Dec. 2023 was 81.33%.

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

SGX:TCU' s Gross Margin % Range Over the Past 10 Years
Min: 76.22 Med: 77.47 Max: 78.31
Current: 78.31

During the past 7 years, the highest Gross Margin % of Credit Bureau Asia was 78.31%. The lowest was 76.22%. And the median was 77.47%.

SGX:TCU's Gross Margin % is ranked better than
78.39% of 597 companies
in the Capital Markets industry
Industry Median: 50.38 vs SGX:TCU: 78.31

Credit Bureau Asia had a gross margin of 81.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Credit Bureau Asia was 0.00% per year.

Credit Bureau Asia Gross Margin % Historical Data

The historical data trend for Credit Bureau Asia'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.

Credit Bureau Asia Gross Margin % Chart

Credit Bureau Asia Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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76.22

77.47

77.37

78.04

78.31

Credit Bureau Asia Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial							79.83	74.41	81.42	75.12	81.33

Competitive Comparison of Credit Bureau Asia's Gross Margin %

For the Financial Data & Stock Exchanges subindustry, Credit Bureau Asia'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.

Credit Bureau Asia's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Credit Bureau Asia's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Credit Bureau Asia's Gross Margin % falls into.

Credit Bureau Asia Gross Margin % Calculation

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

Credit Bureau Asia'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 )
	=	42.4	/	54.17
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(54.17 - 11.752)	/	54.17
	=	78.31 %

Credit Bureau Asia'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 )
	=	22.6	/	27.814
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(27.814 - 5.194)	/	27.814
	=	81.33 %

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.

Credit Bureau Asia (SGX:TCU) 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

Credit Bureau Asia had a gross margin of 81.33% 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.

Credit Bureau Asia Gross Margin % Related Terms

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Credit Bureau Asia (SGX:TCU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Credit Bureau Asia Ltd (SGX:TCU) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Shenton Way, No. 17-10 OUE Downtown 2, Singapore, SGP, 068809

Website

https://www.creditbureauasia.com

Credit Bureau Asia Ltd is a provider of credit and risk information solutions in Southeast Asia. The company provides credit and risk information solutions to a client base of banks, financial institutions, multinational corporations, telecommunication companies, government bodies and public agencies, local enterprises, and individuals across Singapore, Malaysia, Cambodia, and Myanmar (the Territories). It assists its customers to make informed, timely decisions by enhancing their risk assessment and decision-making processes with the help of products and services which include credit and risk information reports, credit scores, monitoring services, data trends and analytics, and client-specific tailored solutions.

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