Alpha Ocean Resources Bhd (XKLS:03051) Gross Margin % : -49.29% (As of Dec. 2023)

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What is Alpha Ocean Resources Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alpha Ocean Resources Bhd's Gross Profit for the six months ended in Dec. 2023 was RM-0.42 Mil. Alpha Ocean Resources Bhd's Revenue for the six months ended in Dec. 2023 was RM0.85 Mil. Therefore, Alpha Ocean Resources Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was -49.29%.

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

XKLS:03051' s Gross Margin % Range Over the Past 10 Years
Min: -55.85 Med: 25.89 Max: 39.56
Current: -55.85

During the past 5 years, the highest Gross Margin % of Alpha Ocean Resources Bhd was 39.56%. The lowest was -55.85%. And the median was 25.89%.

XKLS:03051's Gross Margin % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 25.21 vs XKLS:03051: -55.85

Alpha Ocean Resources Bhd had a gross margin of -49.29% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Alpha Ocean Resources Bhd was 0.00% per year.

Alpha Ocean Resources Bhd Gross Margin % Historical Data

The historical data trend for Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd Gross Margin % Chart

Alpha Ocean Resources Bhd Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

25.89

39.56

-49.28

Alpha Ocean Resources Bhd Semi-Annual Data
	Jun19	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			19.00	46.81	-26.88	-58.24	-49.29

Competitive Comparison of Alpha Ocean Resources Bhd's Gross Margin %

For the Farm Products subindustry, Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Alpha Ocean Resources Bhd's Gross Margin % falls into.

Alpha Ocean Resources Bhd Gross Margin % Calculation

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

Alpha Ocean Resources Bhd's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-1.6	/	3.253
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3.253 - 4.856)	/	3.253
	=	-49.28 %

Alpha Ocean Resources Bhd's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.4	/	0.846
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.846 - 1.263)	/	0.846
	=	-49.29 %

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.

Alpha Ocean Resources Bhd (XKLS:03051) 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

Alpha Ocean Resources Bhd had a gross margin of -49.29% for the quarter that ended in Dec. 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.

Alpha Ocean Resources Bhd Gross Margin % Related Terms

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Alpha Ocean Resources Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Alpha Ocean Resources Bhd (XKLS:03051) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3, Jalan Bangsar, Unit SO-33A-1 & SO-33A-8, Menara 1, Strata Offices, KL Eco City, Kuala Lumpur, MYS, 59200

Website

https://www.aorb.com.my

Alpha Ocean Resources Bhd is a tuna fishing and trading company based in Malaysia, which focuses on delivering premium tuna fishes. The company is committed to providing customers with quality catches that are affordable and take measures to ensure fishing operations are sustainable.

Alpha Ocean Resources Bhd Headlines

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