Jaks Resources Bhd (XKLS:4723) Gross Margin % : 204.05% (As of Dec. 2023)

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What is Jaks Resources Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jaks Resources Bhd's Gross Profit for the three months ended in Dec. 2023 was RM24.69 Mil. Jaks Resources Bhd's Revenue for the three months ended in Dec. 2023 was RM12.10 Mil. Therefore, Jaks Resources Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 204.05%.

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

XKLS:4723' s Gross Margin % Range Over the Past 10 Years
Min: 4.02 Med: 16.8 Max: 78.93
Current: 78.93

During the past 13 years, the highest Gross Margin % of Jaks Resources Bhd was 78.93%. The lowest was 4.02%. And the median was 16.80%.

XKLS:4723's Gross Margin % is ranked better than
96.84% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs XKLS:4723: 78.93

Jaks Resources Bhd had a gross margin of 204.05% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Jaks Resources Bhd was 55.40% per year.

Jaks Resources Bhd Gross Margin % Historical Data

The historical data trend for Jaks Resources 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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Jaks Resources Bhd Gross Margin % Chart

Jaks Resources Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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18.59

6.78

17.37

16.23

78.93

Jaks Resources Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															21.13	5.81	24.37	49.08	204.05

Competitive Comparison of Jaks Resources Bhd's Gross Margin %

For the Engineering & Construction subindustry, Jaks Resources 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.

Jaks Resources Bhd's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jaks Resources Bhd's Gross Margin % distribution charts can be found below:

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

Jaks Resources Bhd Gross Margin % Calculation

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

Jaks Resources 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 )
	=	31.2	/	39.556
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(39.556 - 8.336)	/	39.556
	=	78.93 %

Jaks Resources Bhd's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	24.7	/	12.1
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(12.1 - -12.59)	/	12.1
	=	204.05 %

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.

Jaks Resources Bhd (XKLS:4723) 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

Jaks Resources Bhd had a gross margin of 204.05% for the quarter that ended in Dec. 2023 => 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.

Jaks Resources Bhd Gross Margin % Related Terms

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

Jaks Resources Bhd (XKLS:4723) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jaks Resources Bhd (XKLS:4723) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan 13/6, Pacific Towers, Unit B-09-28, Tower B, Section 13, Petaling Jaya, SGR, MYS, 46200

Website

https://www.jaks.com.my

Jaks Resources Bhd is an investment holding company. It is organized into five segments: Manufacturing segment, which comprises mainly manufacturing of pipes; Trading segment comprising trading in sheet piles, steel bars, mild steel, and special pipes, other steel related products, building materials, and supply of products for water supply industry; Construction segment, which is the key revenue driver, mainly includes the provision of sub-contracting activities, general contractor, supplier of building materials and others; Property Development and Property Investment segment engaged in the development of residential and commercial properties and management of development shopping mall; and Others. Its geographical segments include Malaysia and Vietnam.

Jaks Resources Bhd (XKLS:4723) Headlines

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