KIDO Group (STC:KDC) Gross Margin % : 19.79% (As of Mar. 2024)

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What is KIDO Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. KIDO Group's Gross Profit for the three months ended in Mar. 2024 was ₫359,197 Mil. KIDO Group's Revenue for the three months ended in Mar. 2024 was ₫1,815,353 Mil. Therefore, KIDO Group's Gross Margin % for the quarter that ended in Mar. 2024 was 19.79%.

Warning Sign:

KIDO Group Corp gross margin has been in long-term decline. The average rate of decline per year is -1.5%.

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

STC:KDC' s Gross Margin % Range Over the Past 10 Years
Min: 17.02 Med: 20.95 Max: 43.23
Current: 17.71

During the past 13 years, the highest Gross Margin % of KIDO Group was 43.23%. The lowest was 17.02%. And the median was 20.95%.

STC:KDC's Gross Margin % is ranked worse than
67.02% of 1813 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs STC:KDC: 17.71

KIDO Group had a gross margin of 19.79% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for KIDO Group was -1.50% per year.

KIDO Group Gross Margin % Historical Data

The historical data trend for KIDO Group'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.

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KIDO Group Gross Margin % Chart

KIDO Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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22.62

21.20

19.54

18.14

17.76

KIDO Group 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															18.83	13.10	19.22	19.44	19.79

Competitive Comparison of KIDO Group's Gross Margin %

For the Confectioners subindustry, KIDO Group'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.

KIDO Group's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KIDO Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where KIDO Group's Gross Margin % falls into.

KIDO Group Gross Margin % Calculation

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

KIDO Group'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 )
	=	1536212.6	/	8649616.206
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8649616.206 - 7113403.564)	/	8649616.206
	=	17.76 %

KIDO Group'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 )
	=	359197.3	/	1815352.87
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1815352.87 - 1456155.556)	/	1815352.87
	=	19.79 %

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.

KIDO Group (STC:KDC) 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

KIDO Group had a gross margin of 19.79% for the quarter that ended in Mar. 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.

KIDO Group Gross Margin % Related Terms

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KIDO Group (STC:KDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KIDO Group Corp (STC:KDC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

138 - 142 Hai Ba Trung Street, Da Kao Ward, District 1, Ho Chi Minh City, VNM

Website

http://www.kinhdo.vn

KIDO Group Corp is a Vietnamese company engaged in the production of confectionery and baked goods. The company's brand portfolio includes AFC, COSY, Solite, and Slide. It produces cakes, buns, chips, cream-filled rolls, biscuits, and salted crackers.