Ocean Fresh Bhd (XKLS:0312) Gross Margin % : 10.14% (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Ocean Fresh Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ocean Fresh Bhd's Gross Profit for the six months ended in Dec. 2024 was RM16.6 Mil. Ocean Fresh Bhd's Revenue for the six months ended in Dec. 2024 was RM163.7 Mil. Therefore, Ocean Fresh Bhd's Gross Margin % for the quarter that ended in Dec. 2024 was 10.14%.

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

XKLS:0312' s Gross Margin % Range Over the Past 10 Years
Min: 9.8 Med: 10.31 Max: 13.22
Current: 10.14

During the past 5 years, the highest Gross Margin % of Ocean Fresh Bhd was 13.22%. The lowest was 9.80%. And the median was 10.31%.

XKLS:0312's Gross Margin % is ranked worse than
86.16% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 25.81 vs XKLS:0312: 10.14

Ocean Fresh Bhd had a gross margin of 10.14% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

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

Ocean Fresh Bhd Gross Margin % Historical Data

The historical data trend for Ocean Fresh 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.

Ocean Fresh Bhd Gross Margin % Chart

Ocean Fresh Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Margin %

9.80

10.31

11.69

13.22

10.14

Ocean Fresh Bhd Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Dec24
Gross Margin %	9.80	10.31	11.69	13.22	10.14

Competitive Comparison of Ocean Fresh Bhd's Gross Margin %

For the Packaged Foods subindustry, Ocean Fresh 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.

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

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

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

Save Embed

;

Save Embed

;

Ocean Fresh Bhd Gross Margin % Calculation

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

Ocean Fresh 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 )
	=	16.6	/	163.715
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(163.715 - 147.111)	/	163.715
	=	10.14 %

Ocean Fresh Bhd's Gross Margin for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	16.6	/	163.715
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(163.715 - 147.111)	/	163.715
	=	10.14 %

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.

Ocean Fresh Bhd (XKLS:0312) 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

Ocean Fresh Bhd had a gross margin of 10.14% for the quarter that ended in Dec. 2024 => 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.

Ocean Fresh Bhd Gross Margin % Related Terms

Thank you for viewing the detailed overview of Ocean Fresh Bhd's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ocean Fresh Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ocean Fresh Bhd (XKLS:0312) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 19869, Kampung Baru Peramu, Kuantan, PHG, MYS, 26060

Website

https://www.oceanfresh.com.my

Ocean Fresh Bhd is an investment holding company and through its subsidiaries, It is engaged in the processing and trading of frozen seafood products and frozen seafood processing services. Its processing and trading of frozen seafood products includes Molluscs mainly comprised cuttlefish, squid, octopus and ark shell meat, Fishes mainly comprised tuna, bonito, leatherjacket, mackerel, ribbonfish, pomfret and other types of fishes and Others mainly comprised sea cucumber, prawn and abalone.

Ocean Fresh Bhd Headlines

No Headlines