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MY E.G.Services Bhd (XKLS:0138) Gross Margin % : 0.00% (As of Dec. 2023)


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What is MY E.G.Services Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MY E.G.Services Bhd's Gross Profit for the three months ended in Dec. 2023 was RM222.0 Mil. MY E.G.Services Bhd's Revenue for the three months ended in Dec. 2023 was RM222.0 Mil. Therefore, MY E.G.Services Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

MY E.G.Services Bhd gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


The historical rank and industry rank for MY E.G.Services Bhd's Gross Margin % or its related term are showing as below:


During the past 13 years, the highest Gross Margin % of MY E.G.Services Bhd was 86.31%. The lowest was 60.78%. And the median was 79.68%.

XKLS:0138's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.71
* Ranked among companies with meaningful Gross Margin % only.

MY E.G.Services Bhd had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MY E.G.Services Bhd was -3.60% per year.


MY E.G.Services Bhd Gross Margin % Historical Data

The historical data trend for MY E.G.Services Bhd'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.

MY E.G.Services Bhd Gross Margin % Chart

MY E.G.Services Bhd Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.49 68.56 60.78 76.45 84.90

MY E.G.Services Bhd Quarterly Data
Mar18 Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of MY E.G.Services Bhd's Gross Margin %

For the Information Technology Services subindustry, MY E.G.Services Bhd'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.


MY E.G.Services Bhd's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, MY E.G.Services Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MY E.G.Services Bhd's Gross Margin % falls into.



MY E.G.Services Bhd Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

MY E.G.Services Bhd'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 )
=657.3 / 774.261
=(Revenue - Cost of Goods Sold) / Revenue
=(774.261 - 116.943) / 774.261
=84.90 %

MY E.G.Services Bhd'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 )
=222 / 222.041
=(Revenue - Cost of Goods Sold) / Revenue
=(222.041 - 0) / 222.041
=N/A %

* 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.


MY E.G.Services Bhd  (XKLS:0138) 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

MY E.G.Services Bhd had a gross margin of N/A% for the quarter that ended in Dec. 2023 => 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.


MY E.G.Services Bhd Gross Margin % Related Terms

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MY E.G.Services Bhd (XKLS:0138) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Damansara, PJU 8, Level 43A, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820
MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is majorly engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. It also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services. It derives the majority of revenue from Malaysia.

MY E.G.Services Bhd (XKLS:0138) Headlines

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