Lien Hoe Bhd (XKLS:3573) Gross Margin % : 52.52% (As of Mar. 2024)

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What is Lien Hoe Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lien Hoe Bhd's Gross Profit for the three months ended in Mar. 2024 was RM3.76 Mil. Lien Hoe Bhd's Revenue for the three months ended in Mar. 2024 was RM7.16 Mil. Therefore, Lien Hoe Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 52.52%.

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

XKLS:3573' s Gross Margin % Range Over the Past 10 Years
Min: 13.95 Med: 44.27 Max: 54.19
Current: 50.34

During the past 13 years, the highest Gross Margin % of Lien Hoe Bhd was 54.19%. The lowest was 13.95%. And the median was 44.27%.

XKLS:3573's Gross Margin % is ranked better than
60.23% of 767 companies
in the Travel & Leisure industry
Industry Median: 43.25 vs XKLS:3573: 50.34

Lien Hoe Bhd had a gross margin of 52.52% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lien Hoe Bhd was 3.00% per year.

Lien Hoe Bhd Gross Margin % Historical Data

The historical data trend for Lien Hoe 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.

Lien Hoe Bhd Gross Margin % Chart

Lien Hoe Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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43.76

45.58

54.19

49.70

48.08

Lien Hoe Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															42.62	45.22	50.19	52.72	52.52

Competitive Comparison of Lien Hoe Bhd's Gross Margin %

For the Lodging subindustry, Lien Hoe 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.

Lien Hoe Bhd's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lien Hoe Bhd's Gross Margin % distribution charts can be found below:

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

Lien Hoe Bhd Gross Margin % Calculation

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

Lien Hoe 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 )
	=	12.7	/	26.343
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(26.343 - 13.676)	/	26.343
	=	48.08 %

Lien Hoe Bhd's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	3.8	/	7.155
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7.155 - 3.397)	/	7.155
	=	52.52 %

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.

Lien Hoe Bhd (XKLS:3573) 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

Lien Hoe Bhd had a gross margin of 52.52% for the quarter that ended in Mar. 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.

Lien Hoe Bhd Gross Margin % Related Terms

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Lien Hoe Bhd (XKLS:3573) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lien Hoe Corp Bhd (XKLS:3573) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6, Lorong Utara C, 3rd Floor, Plaza Armada, Section 52, Petaling Jaya, SGR, MYS, 46200

Website

https://www.lienhoe.com.my

Lien Hoe Corp Bhd, along with its subsidiaries, is engaged in hotel service, property investment and property development business. The group operates in the business segments of Property which comprise land and property investment; Hotel comprising hotel operations; and Corporate which involves group-level corporate services and treasury functions. It principally operates in Malaysia and derives key revenue from the Hotel segment that consists of Hotel Armada, a 4-star business and tourist class hotel located in the heart of Petaling Jaya along the Federal Highway.

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