Northern Solar Holdings Bhd (XKLS:0340) Gross Margin %: 40.09% (As of Mar. 2026) — 45% Above Median


XKLS:0340 Northern Solar Holdings Bhd XKLS:0340
19 GF Score
Price RM0.68
! 4 Warning Signs
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What is Northern Solar Holdings Bhd Gross Margin %?

Northern Solar Holdings Bhd XKLS:0340 +0.75% 19 Gross Margin % is 40.09% as of Mar. 2026, which is 45% above its 10-year median of 27.68. GuruFocus rates XKLS:0340 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,009 Semiconductors companies, Northern Solar Holdings Bhd ranks better than 57.78% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Northern Solar Holdings Bhd's Gross Profit for the three months ended in Mar. 2026 was RM8.3 Mil. Northern Solar Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM20.7 Mil. Therefore, Northern Solar Holdings Bhd's Gross Margin % for the quarter that ended in Mar. 2026 was 40.09%.


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

XKLS:0340' s Gross Margin % Range Over the Past 10 Years
Min: 22.73   Med: 27.68   Max: 37.8
Current: 34.24


During the past 5 years, the highest Gross Margin % of Northern Solar Holdings Bhd was 37.80%. The lowest was 22.73%. And the median was 27.68%.

XKLS:0340's Gross Margin % is ranked better than
57.78% of 1009 companies
in the Semiconductors industry
Industry Median: 29.61 vs XKLS:0340: 34.24

Northern Solar Holdings Bhd had a gross margin of 40.09% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Northern Solar Holdings Bhd was 0.00% per year.


Northern Solar Holdings Bhd  (XKLS:0340) 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

Northern Solar Holdings Bhd had a gross margin of 40.09% for the quarter that ended in Mar. 2026 => 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.


Northern Solar Holdings Bhd Gross Margin % Related Terms


Northern Solar Holdings Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for Northern Solar Holdings 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.

Northern Solar Holdings Bhd Gross Margin % Chart

Northern Solar Holdings Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
22.73 25.31 27.68 37.80 34.24

Northern Solar Holdings Bhd Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.50 38.44 34.00 27.79 40.09

XKLS:0340 vs FSLR, NXT, ENPH: Gross Margin % Comparison

For the Solar subindustry, Northern Solar Holdings 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.


Northern Solar Holdings Bhd Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Northern Solar Holdings Bhd's Gross Margin % falls into.


XKLS:0340
19GF Score
Northern Solar Holdings Bhd XKLS:0340
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Solar Holdings Bhd Gross Margin % Calculation

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

Northern Solar Holdings Bhd's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=38.7 / 112.996
=(Revenue - Cost of Goods Sold) / Revenue
=(112.996 - 74.31) / 112.996
=34.24 %

Northern Solar Holdings Bhd's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=8.3 / 20.723
=(Revenue - Cost of Goods Sold) / Revenue
=(20.723 - 12.415) / 20.723
=40.09 %

* 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 40.09% mean?
Northern Solar Holdings Bhd (XKLS:0340) has a Gross Margin % of 40.09% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Northern Solar Holdings Bhd and its competitors. This is 45% above median its historical median of 27.68. Over the past decade, Northern Solar Holdings Bhd's Gross Margin % has ranged from 22.73 to 37.80. According to the industry distribution chart, Northern Solar Holdings Bhd ranks #426 out of 1009 companies in the Semiconductors industry, placing it in the top 42.2%.
Is Northern Solar Holdings Bhd's Gross Margin % too high?
Northern Solar Holdings Bhd's current Gross Margin % of 40.09% is 45% above median its 10-year median of 27.68. Over the past 10 years, this metric has ranged from a low of 22.73 to a high of 37.80. The Semiconductors industry median Gross Margin % is 29.61. Northern Solar Holdings Bhd's value of 40.09% is 35.4% above this industry median. Based on the distribution chart, Northern Solar Holdings Bhd ranks #426 out of 1009 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's Gross Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Northern Solar Holdings Bhd ranks #426 out of 1009 companies for Gross Margin %. This puts Northern Solar Holdings Bhd in the upper half of its industry. The industry median Gross Margin % is 29.61. Northern Solar Holdings Bhd's value of 40.09% is 35.4% above this benchmark. Historically, Northern Solar Holdings Bhd's own Gross Margin % has ranged from 22.73 to 37.80 over the past decade. While the company's 10-year median is 27.68 vs. the industry median of 29.61, Northern Solar Holdings Bhd has consistently been above 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,009 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. Northern Solar Holdings Bhd's current Gross Margin % of 40.09% is 35.4% above 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 Northern Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current Gross Margin % is 40.09%, which is 45% above median its own 10-year median of 27.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current Gross Margin % of 40.09%. The current Gross Margin % is 40.09%, which is 45% above median its 10-year median of 27.68 and 35.4% above the Semiconductors industry median of 29.61. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 with 4 warning signs to review. 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 Northern Solar Holdings Bhd (XKLS:0340), the current Gross Margin % is 40.09% as of Mar. 2026. 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.

Northern Solar Holdings Bhd Business Description

Address No. 3, Jalan SS20/27, Units 8-01 and 8-02, Level 8, Menara Lagenda, Petaling Jaya, SGR, MYS, 47400
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
19GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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