Tasek Bhd (XKLS:4448P.PFD) Gross Margin % : 3.46% (As of Jun. 2020)

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What is Tasek Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tasek Bhd's Gross Profit for the three months ended in Jun. 2020 was RM2.10 Mil. Tasek Bhd's Revenue for the three months ended in Jun. 2020 was RM60.81 Mil. Therefore, Tasek Bhd's Gross Margin % for the quarter that ended in Jun. 2020 was 3.46%.

Warning Sign:

Tasek Corp Bhd gross margin has been in long term decline. The average rate of decline per year is -15.1%.

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

XKLS:4448P.PFD' s Gross Margin % Range Over the Past 10 Years
Min: 17.09 Med: 33.65 Max: 35.89
Current: 18.16

During the past 13 years, the highest Gross Margin % of Tasek Bhd was 35.89%. The lowest was 17.09%. And the median was 33.65%.

XKLS:4448P.PFD's Gross Margin % is not ranked
in the Building Materials industry.
Industry Median: 26.125 vs XKLS:4448P.PFD: 18.16

Tasek Bhd had a gross margin of 3.46% for the quarter that ended in Jun. 2020 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tasek Bhd was -15.10% per year.

Tasek Bhd Gross Margin % Historical Data

The historical data trend for Tasek 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.

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Tasek Bhd Gross Margin % Chart

Tasek Bhd Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Gross Margin %

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34.03

29.11

21.77

17.09

17.46

Tasek Bhd Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Gross Margin %	Get a 7-Day Free Trial															16.47	17.34	19.31	24.41	3.46

Competitive Comparison of Tasek Bhd's Gross Margin %

For the Building Materials subindustry, Tasek 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.

Tasek Bhd's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tasek Bhd's Gross Margin % distribution charts can be found below:

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

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Tasek Bhd Gross Margin % Calculation

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

Tasek Bhd's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

Gross Margin % (A: Dec. 2019 )	=	Gross Profit (A: Dec. 2019 )	/	Revenue (A: Dec. 2019 )
	=	105	/	601.676
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(601.676 - 496.632)	/	601.676
	=	17.46 %

Tasek Bhd's Gross Margin for the quarter that ended in Jun. 2020 is calculated as

Gross Margin % (Q: Jun. 2020 )	=	Gross Profit (Q: Jun. 2020 )	/	Revenue (Q: Jun. 2020 )
	=	2.1	/	60.81
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(60.81 - 58.709)	/	60.81
	=	3.46 %

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.

Tasek Bhd (XKLS:4448P.PFD) 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

Tasek Bhd had a gross margin of 3.46% for the quarter that ended in Jun. 2020 => 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.

Tasek Bhd Gross Margin % Related Terms

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Tasek Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tasek Corp Bhd (XKLS:4448P.PFD) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

160, Jalan Bukit Bintang, 6th Floor, Office Block, Grand Millennium Kuala Lumpur, Kuala Lumpur, MYS, 55100

Website

http://www.tasekcement.com

Tasek Corp Bhd is engaged in the production and sale of cement and related products. The company is organized into two main business segments: Cement and Ready Mix Concrete segment. The cement segment which derives majority revenue engages in cement manufacturing and sales of cement business. The ready mix concrete segment is in the supply of ready-mixed concrete business. The company's products include Ordinary Portland Cement, Masonry Cement, and Clinker. The company's largest end market by revenue in Malaysia.

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