CC International Bhd (XKLS:03053) Gross Margin % : 89.97% (As of Jun. 2024)

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What is CC International Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CC International Bhd's Gross Profit for the six months ended in Jun. 2024 was RM20.22 Mil. CC International Bhd's Revenue for the six months ended in Jun. 2024 was RM22.47 Mil. Therefore, CC International Bhd's Gross Margin % for the quarter that ended in Jun. 2024 was 89.97%.

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

XKLS:03053' s Gross Margin % Range Over the Past 10 Years
Min: 37.61 Med: 39.94 Max: 90.67
Current: 90.67

During the past 5 years, the highest Gross Margin % of CC International Bhd was 90.67%. The lowest was 37.61%. And the median was 39.94%.

XKLS:03053's Gross Margin % is not ranked
in the Business Services industry.
Industry Median: 34.89 vs XKLS:03053: 90.67

CC International Bhd had a gross margin of 89.97% for the quarter that ended in Jun. 2024 => Durable competitive advantage

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

CC International Bhd Gross Margin % Historical Data

The historical data trend for CC International 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.

CC International Bhd Gross Margin % Chart

CC International Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

37.61

39.72

39.94

90.26

90.14

CC International Bhd Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Margin %	Get a 7-Day Free Trial				46.14	136.19	88.74	91.42	89.97

Competitive Comparison of CC International Bhd's Gross Margin %

For the Specialty Business Services subindustry, CC International 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.

CC International Bhd's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CC International Bhd's Gross Margin % distribution charts can be found below:

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

CC International Bhd Gross Margin % Calculation

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

CC International 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 )
	=	35.8	/	39.736
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(39.736 - 3.916)	/	39.736
	=	90.14 %

CC International 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 )
	=	20.2	/	22.47
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(22.47 - 2.253)	/	22.47
	=	89.97 %

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.

CC International Bhd (XKLS:03053) 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

CC International Bhd had a gross margin of 89.97% 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.

CC International Bhd Gross Margin % Related Terms

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CC International Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CC International Bhd (XKLS:03053) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Jalan Klang Lama, 8-4, Jalan 2/114 Kuchai Business Centre, Kuala Lumpur, SGR, MYS, 58200

Website

https://www.chengco.com.my

CC International Bhd is a home-grown multidisciplinary professional service provider. The company's services include GBS - Accounting and business service outsourcing, Tax services, Corporate secretarial services, Business consultancy services, and Wealth management services. Its clients comprises corporate clients such as SMEs, large private corporations, public listed companies, multinational corporations, government institutions and foundations as well as individual clients.

CC International Bhd Headlines

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