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Matrix Parking Solution Holdings Bhd (XKLS:03019) Gross Margin % : 55.88% (As of Jun. 2024)


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What is Matrix Parking Solution Holdings Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Matrix Parking Solution Holdings Bhd's Gross Profit for the six months ended in Jun. 2024 was RM4.33 Mil. Matrix Parking Solution Holdings Bhd's Revenue for the six months ended in Jun. 2024 was RM7.75 Mil. Therefore, Matrix Parking Solution Holdings Bhd's Gross Margin % for the quarter that ended in Jun. 2024 was 55.88%.


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

XKLS:03019' s Gross Margin % Range Over the Past 10 Years
Min: 34.11   Med: 44.25   Max: 62.17
Current: 53.86


During the past 7 years, the highest Gross Margin % of Matrix Parking Solution Holdings Bhd was 62.17%. The lowest was 34.11%. And the median was 44.25%.

XKLS:03019's Gross Margin % is not ranked
in the Construction industry.
Industry Median: 19.9 vs XKLS:03019: 53.86

Matrix Parking Solution Holdings Bhd had a gross margin of 55.88% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Matrix Parking Solution Holdings Bhd was 0.70% per year.


Matrix Parking Solution Holdings Bhd Gross Margin % Historical Data

The historical data trend for Matrix Parking Solution 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.

Matrix Parking Solution Holdings Bhd Gross Margin % Chart

Matrix Parking Solution Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 34.11 34.76 62.17 39.45 44.25

Matrix Parking Solution Holdings Bhd Semi-Annual Data
Dec16 Dec17 Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 35.85 41.70 32.37 52.42 55.88

Competitive Comparison of Matrix Parking Solution Holdings Bhd's Gross Margin %

For the Infrastructure Operations subindustry, Matrix Parking Solution 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.


Matrix Parking Solution Holdings Bhd's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Matrix Parking Solution Holdings Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Matrix Parking Solution Holdings Bhd's Gross Margin % falls into.



Matrix Parking Solution Holdings Bhd Gross Margin % Calculation

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

Matrix Parking Solution 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 )
=8.1 / 18.342
=(Revenue - Cost of Goods Sold) / Revenue
=(18.342 - 10.226) / 18.342
=44.25 %

Matrix Parking Solution Holdings Bhd's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=4.3 / 7.752
=(Revenue - Cost of Goods Sold) / Revenue
=(7.752 - 3.42) / 7.752
=55.88 %

* 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.


Matrix Parking Solution Holdings Bhd  (XKLS:03019) 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

Matrix Parking Solution Holdings Bhd had a gross margin of 55.88% for the quarter that ended in Jun. 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.


Matrix Parking Solution Holdings Bhd Gross Margin % Related Terms

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Matrix Parking Solution Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan PJU 1A/41 Ara Jaya, Y-BG-02 No.1, Damansara, Selangor Darul Ehsa, Petaling Jaya, MYS
Matrix Parking Solution Holdings Bhd offers car parking operation and management services.

Matrix Parking Solution Holdings Bhd Headlines

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