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Astramina Group Bhd (XKLS:03032) Gross Margin % : 40.49% (As of Aug. 2023)


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What is Astramina Group Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Astramina Group Bhd's Gross Profit for the six months ended in Aug. 2023 was RM3.95 Mil. Astramina Group Bhd's Revenue for the six months ended in Aug. 2023 was RM9.75 Mil. Therefore, Astramina Group Bhd's Gross Margin % for the quarter that ended in Aug. 2023 was 40.49%.


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

XKLS:03032' s Gross Margin % Range Over the Past 10 Years
Min: 43.57   Med: 45.95   Max: 48.34
Current: 43.57


During the past 6 years, the highest Gross Margin % of Astramina Group Bhd was 48.34%. The lowest was 43.57%. And the median was 45.95%.

XKLS:03032's Gross Margin % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 25.25 vs XKLS:03032: 43.57

Astramina Group Bhd had a gross margin of 40.49% for the quarter that ended in Aug. 2023 => Durable competitive advantage

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


Astramina Group Bhd Gross Margin % Historical Data

The historical data trend for Astramina 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.

Astramina Group Bhd Gross Margin % Chart

Astramina Group Bhd Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Gross Margin %
Get a 7-Day Free Trial 48.34 - 45.95 47.14 45.22

Astramina Group Bhd Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 53.45 40.76 43.69 47.07 40.49

Competitive Comparison of Astramina Group Bhd's Gross Margin %

For the Packaged Foods subindustry, Astramina 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.


Astramina Group Bhd's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astramina Group Bhd's Gross Margin % distribution charts can be found below:

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



Astramina Group Bhd Gross Margin % Calculation

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

Astramina Group Bhd's Gross Margin for the fiscal year that ended in Feb. 2023 is calculated as

Gross Margin % (A: Feb. 2023 )=Gross Profit (A: Feb. 2023 ) / Revenue (A: Feb. 2023 )
=8.6 / 18.977
=(Revenue - Cost of Goods Sold) / Revenue
=(18.977 - 10.396) / 18.977
=45.22 %

Astramina Group Bhd's Gross Margin for the quarter that ended in Aug. 2023 is calculated as


Gross Margin % (Q: Aug. 2023 )=Gross Profit (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=3.9 / 9.745
=(Revenue - Cost of Goods Sold) / Revenue
=(9.745 - 5.799) / 9.745
=40.49 %

* 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.


Astramina Group Bhd  (XKLS:03032) 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

Astramina Group Bhd had a gross margin of 40.49% for the quarter that ended in Aug. 2023 => 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.


Astramina Group Bhd Gross Margin % Related Terms

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Astramina Group Bhd (XKLS:03032) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 102, Jalan Metro Perdana Barat 13, Sri Edaran Industrial Park, Off Jalan Kepong, Kuala Lumpur, MYS, 52100
Astramina Group Bhd through its subsidiary is engaged in the manufacturing and selling of food ingredients, and trading of food ingredients. The company distribute its seasoning products through several key distributors from Singapore, South Korea, Sri Lanka, Bangladesh, Pakistan, Indonesia, Myanmar and China. The operating business segments are manufacturing and selling of food ingredients, and trading of food ingredients, with maximum revenue from manufacturing and selling of food ingredients segment.

Astramina Group Bhd (XKLS:03032) Headlines

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