GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SKK Holdings Ltd (NAS:SKK) » Definitions » Gross Margin %

SKK Holdings (SKK Holdings) Gross Margin % : 43.68% (As of Jun. 2023)


View and export this data going back to 2024. Start your Free Trial

What is SKK Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SKK Holdings's Gross Profit for the six months ended in Jun. 2023 was $2.25 Mil. SKK Holdings's Revenue for the six months ended in Jun. 2023 was $5.15 Mil. Therefore, SKK Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 43.68%.


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


SKK's Gross Margin % is not ranked *
in the Construction industry.
Industry Median: 19.33
* Ranked among companies with meaningful Gross Margin % only.

SKK Holdings had a gross margin of 43.68% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SKK Holdings was 0.00% per year.

SKK Holdings Gross Margin % Historical Data

The historical data trend for SKK 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.

SKK Holdings Gross Margin % Chart

SKK Holdings Annual Data
Trend Dec21 Dec22
Gross Margin %
34.86 48.38

SKK Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Gross Margin % - 47.90 48.89 43.68

Competitive Comparison of SKK Holdings's Gross Margin %

For the Engineering & Construction subindustry, SKK 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.

SKK Holdings's Gross Margin % Distribution in the Construction Industry

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

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


SKK Holdings Gross Margin % Calculation

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

SKK Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=4.7 / 9.621
=(Revenue - Cost of Goods Sold) / Revenue
=(9.621 - 4.966) / 9.621
=48.38 %

SKK Holdings's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=2.2 / 5.147
=(Revenue - Cost of Goods Sold) / Revenue
=(5.147 - 2.899) / 5.147
=43.68 %

* 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.

SKK Holdings  (NAS:SKK) 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

SKK Holdings had a gross margin of 43.68% for the quarter that ended in Jun. 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.

SKK Holdings Gross Margin % Related Terms

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

SKK Holdings (SKK Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SKK Holdings Ltd (NAS:SKK) » Definitions » Gross Margin %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
https://www.skkworks.com.sg
SKK Holdings Ltd is a civil engineering service provider that specializes in subsurface utility works in Singapore. It construct and maintain various public works and infrastructure projects that serve the society and the environment. Its projects are primarily the subsurface work related to projects undertaken by the Public Utilities Board (PUB) and Singapore Telecommunications Limited. The nature of these projects is related to repairing of pumping mains, sewer maintenance and pipe cable laying.

SKK Holdings (SKK Holdings) Headlines

No Headlines