Cloudpoint Technology Bhd (XKLS:0277) Gross Margin % : 33.10% (As of Sep. 2023)

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What is Cloudpoint Technology Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cloudpoint Technology Bhd's Gross Profit for the three months ended in Sep. 2023 was RM6.5 Mil. Cloudpoint Technology Bhd's Revenue for the three months ended in Sep. 2023 was RM19.6 Mil. Therefore, Cloudpoint Technology Bhd's Gross Margin % for the quarter that ended in Sep. 2023 was 33.10%.

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

XKLS:0277' s Gross Margin % Range Over the Past 10 Years
Min: 25 Med: 27.64 Max: 29.91
Current: 26.99

During the past 4 years, the highest Gross Margin % of Cloudpoint Technology Bhd was 29.91%. The lowest was 25.00%. And the median was 27.64%.

XKLS:0277's Gross Margin % is ranked worse than
69.82% of 2631 companies
in the Software industry
Industry Median: 41.74 vs XKLS:0277: 26.99

Cloudpoint Technology Bhd had a gross margin of 33.10% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cloudpoint Technology Bhd was 0.00% per year.

Cloudpoint Technology Bhd Gross Margin % Historical Data

The historical data trend for Cloudpoint Technology 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.

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Cloudpoint Technology Bhd Gross Margin % Chart

Cloudpoint Technology Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Gross Margin %

25.00

28.00

29.91

27.28

Cloudpoint Technology Bhd Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial			27.83	24.01	27.13	23.86	33.10

Competitive Comparison of Cloudpoint Technology Bhd's Gross Margin %

For the Information Technology Services subindustry, Cloudpoint Technology 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.

Cloudpoint Technology Bhd's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Cloudpoint Technology Bhd's Gross Margin % distribution charts can be found below:

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

Cloudpoint Technology Bhd Gross Margin % Calculation

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

Cloudpoint Technology Bhd's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	24.7	/	90.595
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(90.595 - 65.884)	/	90.595
	=	27.28 %

Cloudpoint Technology Bhd's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	6.5	/	19.578
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(19.578 - 13.098)	/	19.578
	=	33.10 %

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.

Cloudpoint Technology Bhd (XKLS:0277) 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

Cloudpoint Technology Bhd had a gross margin of 33.10% for the quarter that ended in Sep. 2023 => Competition eroding margins

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.

Cloudpoint Technology Bhd Gross Margin % Related Terms

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Cloudpoint Technology Bhd (XKLS:0277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloudpoint Technology Bhd (XKLS:0277) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Solaris, Unit J-6-13, Block J, Solaris Mont Kiara, Mont Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.cloudpoint-technology.com

Cloudpoint Technology Bhd is principally an investment holding company. Through Its subsidiary, CSSB, it is principally engaged in the provision of IT solutions comprising enterprise and data centre networking, cybersecurity solutions, professional IT services as well as cloud services and software applications. The company implements solutions and provides Its services mainly to large enterprises, particularly companies in the financial services, insurance, telecommunications industries, and other technology service providers in Malaysia. It also provides our solutions to multinational companies to cater to their operations based in Malaysia.

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