GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MHC Plantations Bhd (XKLS:5026) » Definitions » Gross Margin %

MHC Plantations Bhd (XKLS:5026) Gross Margin % : 6.12% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is MHC Plantations Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MHC Plantations Bhd's Gross Profit for the three months ended in Mar. 2024 was RM6.4 Mil. MHC Plantations Bhd's Revenue for the three months ended in Mar. 2024 was RM104.0 Mil. Therefore, MHC Plantations Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 6.12%.


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

XKLS:5026' s Gross Margin % Range Over the Past 10 Years
Min: 8.57   Med: 14.16   Max: 18.25
Current: 10.44


During the past 13 years, the highest Gross Margin % of MHC Plantations Bhd was 18.25%. The lowest was 8.57%. And the median was 14.16%.

XKLS:5026's Gross Margin % is ranked worse than
83.42% of 1815 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs XKLS:5026: 10.44

MHC Plantations Bhd had a gross margin of 6.12% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MHC Plantations Bhd was 9.20% per year.


MHC Plantations Bhd Gross Margin % Historical Data

The historical data trend for MHC Plantations 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.

MHC Plantations Bhd Gross Margin % Chart

MHC Plantations Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.57 13.65 18.25 15.03 10.91

MHC Plantations 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.30 9.75 13.76 11.29 6.12

Competitive Comparison of MHC Plantations Bhd's Gross Margin %

For the Farm Products subindustry, MHC Plantations 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.


MHC Plantations Bhd's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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



MHC Plantations Bhd Gross Margin % Calculation

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

MHC Plantations 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 )
=52.1 / 477.436
=(Revenue - Cost of Goods Sold) / Revenue
=(477.436 - 425.367) / 477.436
=10.91 %

MHC Plantations 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 )
=6.4 / 103.986
=(Revenue - Cost of Goods Sold) / Revenue
=(103.986 - 97.617) / 103.986
=6.12 %

* 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.


MHC Plantations Bhd  (XKLS:5026) 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

MHC Plantations Bhd had a gross margin of 6.12% for the quarter that ended in Mar. 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.


MHC Plantations Bhd Gross Margin % Related Terms

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


MHC Plantations Bhd (XKLS:5026) Business Description

Traded in Other Exchanges
N/A
Address
Kompleks Pejabat Behrang 2020, Jalan Persekutuan 1, Tanjong Malim, PRK, MYS, 35900
MHC Plantations Bhd along with its subsidiaries is involved in the cultivation of oil palm, the operation of the quarry, milling, and sales of oil palm products, letting of oil palm collection center, investment holding, power generation, and property development. It operates in segments that include Plantation; which cultivates oil palm, Oil Mill; which mills and sells oil palm products, Power Plant; which generates power and sell biomass by-products. The Other Segment refers to the extraction and sale of earth stones, operation of a hotel and Others. The Oil Mill Segment generates maximum revenue for the company.

MHC Plantations Bhd (XKLS:5026) Headlines

No Headlines