Cekd Bhd (XKLS:0238) Gross Margin % : 47.70% (As of Feb. 2024)

Cekd Bhd Gross Margin % Chart

Cekd Bhd Quarterly Data
	Aug18	Aug19	Aug20	Mar21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Gross Margin %	Get a 7-Day Free Trial										44.72	49.50	49.49	51.36	47.70

Competitive Comparison of Cekd Bhd's Gross Margin %

For the Metal Fabrication subindustry, Cekd 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.

Cekd Bhd's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cekd Bhd's Gross Margin % distribution charts can be found below:

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

Cekd Bhd Gross Margin % Calculation

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

Cekd Bhd's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Cekd Bhd's Gross Margin for the quarter that ended in Feb. 2024 is calculated as

* 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.

Cekd Bhd  (XKLS:0238) 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

Cekd Bhd had a gross margin of 47.70% for the quarter that ended in Feb. 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.

Cekd Bhd Gross Margin % Related Terms

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Cekd Bhd (XKLS:0238) Business Description