Go Innovate Asia Bhd (XKLS:03028) Gross Margin %: 2.01% (As of Jun. 2025) — 86% Above Median


What is Go Innovate Asia Bhd Gross Margin %?

Go Innovate Asia Bhd XKLS:03028 Gross Margin % is 2.01% as of Jun. 2025, which is 86% above its 10-year median of 1.08. The stock has 3 warning signs investors should review.

Gross Margin % is calculated as gross profit divided by its revenue. Go Innovate Asia Bhd's Gross Profit for the six months ended in Jun. 2025 was RM40 Mil. Go Innovate Asia Bhd's Revenue for the six months ended in Jun. 2025 was RM2,001 Mil. Therefore, Go Innovate Asia Bhd's Gross Margin % for the quarter that ended in Jun. 2025 was 2.01%.


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

XKLS:03028' s Gross Margin % Range Over the Past 10 Years
Min: 0.58   Med: 1.08   Max: 2
Current: 1.83


During the past 8 years, the highest Gross Margin % of Go Innovate Asia Bhd was 2.00%. The lowest was 0.58%. And the median was 1.08%.

XKLS:03028's Gross Margin % is not ranked
in the Capital Markets industry.
Industry Median: 49.63 vs XKLS:03028: 1.83

Go Innovate Asia Bhd had a gross margin of 2.01% for the quarter that ended in Jun. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Go Innovate Asia Bhd was 5.40% per year.


Go Innovate Asia Bhd  (XKLS:03028) 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

Go Innovate Asia Bhd had a gross margin of 2.01% for the quarter that ended in Jun. 2025 => 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.


Go Innovate Asia Bhd Gross Margin % Related Terms


Go Innovate Asia Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia 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.

Go Innovate Asia Bhd Gross Margin % Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial 1.08 0.58 0.66 1.27 1.38

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 1.26 1.27 1.39 1.36 2.01

XKLS:03028 vs MS, GS, SCHW: Gross Margin % Comparison

For the Capital Markets subindustry, Go Innovate Asia 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.


Go Innovate Asia Bhd Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Go Innovate Asia Bhd's Gross Margin % distribution charts can be found below:

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



Go Innovate Asia Bhd Gross Margin % Calculation

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

Go Innovate Asia Bhd's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=23.1 / 1675.952
=(Revenue - Cost of Goods Sold) / Revenue
=(1675.952 - 1652.886) / 1675.952
=1.38 %

Go Innovate Asia Bhd's Gross Margin for the quarter that ended in Jun. 2025 is calculated as


Gross Margin % (Q: Jun. 2025 )=Gross Profit (Q: Jun. 2025 ) / Revenue (Q: Jun. 2025 )
=40.3 / 2001.367
=(Revenue - Cost of Goods Sold) / Revenue
=(2001.367 - 1961.093) / 2001.367
=2.01 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 2.01% mean?
Go Innovate Asia Bhd (XKLS:03028) has a Gross Margin % of 2.01% as of Jun. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Go Innovate Asia Bhd and its competitors. This is 86% above median its historical median of 1.08. Over the past decade, Go Innovate Asia Bhd's Gross Margin % has ranged from 0.58 to 2.00.
Is Go Innovate Asia Bhd's Gross Margin % too high?
Go Innovate Asia Bhd's current Gross Margin % of 2.01% is 86% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.00. The Capital Markets industry median Gross Margin % is 49.63. Go Innovate Asia Bhd's value of 2.01% is 96% below this industry median.
How does Go Innovate Asia Bhd's Gross Margin % compare to MS and GS?
Go Innovate Asia Bhd's Gross Margin % of 2.01% can be compared against companies in the Capital Markets industry. The industry median Gross Margin % is 49.63. Go Innovate Asia Bhd's value of 2.01% is 96% below this benchmark. Historically, Go Innovate Asia Bhd's own Gross Margin % has ranged from 0.58 to 2.00 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 49.63, Go Innovate Asia Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Go Innovate Asia Bhd's current Gross Margin % of 2.01% is 96% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Go Innovate Asia Bhd and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Go Innovate Asia Bhd's current Gross Margin % is 2.01%, which is 86% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Gross Margin % of 2.01%. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Gross Margin % is 2.01%, which is 86% above median its 10-year median of 1.08 and 96% below the Capital Markets industry median of 49.63. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Go Innovate Asia Bhd (XKLS:03028), the current Gross Margin % is 2.01% as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.