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Binh Duong Water - Environment - JSC (STC:BWE) Gross Margin % : 49.54% (As of Mar. 2024)


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What is Binh Duong Water - Environment - JSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Binh Duong Water - Environment - JSC's Gross Profit for the three months ended in Mar. 2024 was ₫392,235 Mil. Binh Duong Water - Environment - JSC's Revenue for the three months ended in Mar. 2024 was ₫791,699 Mil. Therefore, Binh Duong Water - Environment - JSC's Gross Margin % for the quarter that ended in Mar. 2024 was 49.54%.


The historical rank and industry rank for Binh Duong Water - Environment - JSC's Gross Margin % or its related term are showing as below:

STC:BWE' s Gross Margin % Range Over the Past 10 Years
Min: 36.19   Med: 40.79   Max: 44.63
Current: 44.63


During the past 8 years, the highest Gross Margin % of Binh Duong Water - Environment - JSC was 44.63%. The lowest was 36.19%. And the median was 40.79%.

STC:BWE's Gross Margin % is ranked better than
79.02% of 224 companies
in the Waste Management industry
Industry Median: 28.61 vs STC:BWE: 44.63

Binh Duong Water - Environment - JSC had a gross margin of 49.54% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Binh Duong Water - Environment - JSC was 1.70% per year.


Binh Duong Water - Environment - JSC Gross Margin % Historical Data

The historical data trend for Binh Duong Water - Environment - JSC'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.

Binh Duong Water - Environment - JSC Gross Margin % Chart

Binh Duong Water - Environment - JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 40.66 40.86 42.16 40.79 44.35

Binh Duong Water - Environment - JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 48.88 43.64 43.64 42.69 49.54

Competitive Comparison of Binh Duong Water - Environment - JSC's Gross Margin %

For the Waste Management subindustry, Binh Duong Water - Environment - JSC'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.


Binh Duong Water - Environment - JSC's Gross Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Binh Duong Water - Environment - JSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Binh Duong Water - Environment - JSC's Gross Margin % falls into.



Binh Duong Water - Environment - JSC Gross Margin % Calculation

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

Binh Duong Water - Environment - JSC'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 )
=1563615.2 / 3525936.182
=(Revenue - Cost of Goods Sold) / Revenue
=(3525936.182 - 1962320.99) / 3525936.182
=44.35 %

Binh Duong Water - Environment - JSC's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=392234.7 / 791698.502
=(Revenue - Cost of Goods Sold) / Revenue
=(791698.502 - 399463.805) / 791698.502
=49.54 %

* 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.


Binh Duong Water - Environment - JSC  (STC:BWE) 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

Binh Duong Water - Environment - JSC had a gross margin of 49.54% for the quarter that ended in Mar. 2024 => 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.


Binh Duong Water - Environment - JSC Gross Margin % Related Terms

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Binh Duong Water - Environment - JSC (STC:BWE) Business Description

Traded in Other Exchanges
N/A
Address
Block A4, Bui Vien Street, Nguyen Duc Canh Industrial Park, Tran Hung Dao Ward, Thai Binh Province, Thai Binh, VNM
Binh Duong Water - Environment Corp - JSC operates in the waste management industry in Vietnam. The business activities of the company include treatment and supply of clean water, investment in management of drainage systems, construction and repair of water supply, and supervision of construction and installation of works.

Binh Duong Water - Environment - JSC (STC:BWE) Headlines

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