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Master Tec Group Bhd (XKLS:0295) Gross Margin % : 17.27% (As of Jun. 2023)


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What is Master Tec Group Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Master Tec Group Bhd's Gross Profit for the six months ended in Jun. 2023 was RM23.8 Mil. Master Tec Group Bhd's Revenue for the six months ended in Jun. 2023 was RM138.0 Mil. Therefore, Master Tec Group Bhd's Gross Margin % for the quarter that ended in Jun. 2023 was 17.27%.


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

XKLS:0295' s Gross Margin % Range Over the Past 10 Years
Min: 4.07   Med: 4.95   Max: 13.15
Current: 13.15


During the past 3 years, the highest Gross Margin % of Master Tec Group Bhd was 13.15%. The lowest was 4.07%. And the median was 4.95%.

XKLS:0295's Gross Margin % is ranked worse than
84.72% of 2939 companies
in the Industrial Products industry
Industry Median: 26.39 vs XKLS:0295: 13.15

Master Tec Group Bhd had a gross margin of 17.27% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Master Tec Group Bhd was 0.00% per year.


Master Tec Group Bhd Gross Margin % Historical Data

The historical data trend for Master Tec Group 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.

Master Tec Group Bhd Gross Margin % Chart

Master Tec Group Bhd Annual Data
Trend Dec20 Dec21 Dec22
Gross Margin %
4.07 4.95 9.69

Master Tec Group Bhd Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Gross Margin % - - 9.09 10.21 17.27

Competitive Comparison of Master Tec Group Bhd's Gross Margin %

For the Electrical Equipment & Parts subindustry, Master Tec Group 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.


Master Tec Group Bhd's Gross Margin % Distribution in the Industrial Products Industry

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

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



Master Tec Group Bhd Gross Margin % Calculation

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

Master Tec Group 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 )
=35.1 / 362.685
=(Revenue - Cost of Goods Sold) / Revenue
=(362.685 - 327.555) / 362.685
=9.69 %

Master Tec Group Bhd's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=23.8 / 138.039
=(Revenue - Cost of Goods Sold) / Revenue
=(138.039 - 114.202) / 138.039
=17.27 %

* 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.


Master Tec Group Bhd  (XKLS:0295) 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

Master Tec Group Bhd had a gross margin of 17.27% for the quarter that ended in Jun. 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.


Master Tec Group Bhd Gross Margin % Related Terms

Thank you for viewing the detailed overview of Master Tec Group Bhd's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Master Tec Group Bhd (XKLS:0295) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
RM1299-A Kawasan, Perindustrian Rembia, Alor Gajah, Melaka, MLA, MYS, 78000
Master Tec Group Bhd is an investment holding company. Through its subsidiary, it is involved in the manufacturing and distribution of power cables, control and instrumentation cables, and other related products, and the trading of power cables, fibre optic cables, and other related products.

Master Tec Group Bhd (XKLS:0295) Headlines

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