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Spring Art Holdings Bhd (XKLS:0216) Gross Margin % : 0.00% (As of Sep. 2024)


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What is Spring Art Holdings Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Spring Art Holdings Bhd's Gross Profit for the three months ended in Sep. 2024 was RM10.63 Mil. Spring Art Holdings Bhd's Revenue for the three months ended in Sep. 2024 was RM10.63 Mil. Therefore, Spring Art Holdings Bhd's Gross Margin % for the quarter that ended in Sep. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Spring Art Holdings Bhd gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


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


During the past 9 years, the highest Gross Margin % of Spring Art Holdings Bhd was 31.30%. The lowest was 18.57%. And the median was 28.55%.

XKLS:0216's Gross Margin % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 28.695
* Ranked among companies with meaningful Gross Margin % only.

Spring Art Holdings Bhd had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Spring Art Holdings Bhd was -6.10% per year.


Spring Art Holdings Bhd Gross Margin % Historical Data

The historical data trend for Spring Art Holdings 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.

Spring Art Holdings Bhd Gross Margin % Chart

Spring Art Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 29.06 23.43 23.70 18.57 23.91

Spring Art Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Spring Art Holdings Bhd's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Spring Art Holdings 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.


Spring Art Holdings Bhd's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Spring Art Holdings Bhd's Gross Margin % distribution charts can be found below:

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



Spring Art Holdings 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.)

Spring Art Holdings 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 )
=13.4 / 56.232
=(Revenue - Cost of Goods Sold) / Revenue
=(56.232 - 42.787) / 56.232
=23.91 %

Spring Art Holdings Bhd's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=10.6 / 10.63
=(Revenue - Cost of Goods Sold) / Revenue
=(10.63 - 0) / 10.63
=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.


Spring Art Holdings Bhd  (XKLS:0216) 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

Spring Art Holdings Bhd had a gross margin of N/A% for the quarter that ended in Sep. 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.


Spring Art Holdings Bhd Gross Margin % Related Terms

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Spring Art Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Kawasan Persindustrian Bukit Pasir, Lot Plo 49, Jalan Rami 4, Bukit Pasir, Muar, JHR, MYS, 84300
Spring Art Holdings Bhd is involved in the manufacturing of ready-to-assemble furniture products. The business activities of the group include design, development, manufacturing, and marketing sales of office furniture, bedroom furniture, living room furniture as well as other types of furniture. Its product offering consists of study tables, shoe cabinets, TV cabinets, bedrooms, living rooms, and office-related furniture. The operating segments of the group only consist of design, development, manufacturing and marketing, and sale of furniture products. The group has a worldwide business presence.

Spring Art Holdings Bhd Headlines

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