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Coastal Contracts Bhd (XKLS:5071) Gross Margin % : 10.26% (As of Dec. 2024)


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What is Coastal Contracts Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Coastal Contracts Bhd's Gross Profit for the three months ended in Dec. 2024 was RM4.06 Mil. Coastal Contracts Bhd's Revenue for the three months ended in Dec. 2024 was RM39.57 Mil. Therefore, Coastal Contracts Bhd's Gross Margin % for the quarter that ended in Dec. 2024 was 10.26%.

Warning Sign:

Coastal Contracts Bhd gross margin has been in long-term decline. The average rate of decline per year is -22.3%.


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

XKLS:5071' s Gross Margin % Range Over the Past 10 Years
Min: 5.73   Med: 29.72   Max: 42.95
Current: 5.73


During the past 13 years, the highest Gross Margin % of Coastal Contracts Bhd was 42.95%. The lowest was 5.73%. And the median was 29.72%.

XKLS:5071's Gross Margin % is ranked worse than
84.48% of 889 companies
in the Oil & Gas industry
Industry Median: 28.51 vs XKLS:5071: 5.73

Coastal Contracts Bhd had a gross margin of 10.26% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Coastal Contracts Bhd was -22.30% per year.


Coastal Contracts Bhd Gross Margin % Historical Data

The historical data trend for Coastal Contracts 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.

Coastal Contracts Bhd Gross Margin % Chart

Coastal Contracts Bhd Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.95 36.40 30.96 37.85 5.73

Coastal Contracts Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24 Jun24 Sep24 Dec24
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 37.65 27.46 12.18 -99.06 10.26

Competitive Comparison of Coastal Contracts Bhd's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, Coastal Contracts 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.


Coastal Contracts Bhd's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coastal Contracts Bhd's Gross Margin % distribution charts can be found below:

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


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Coastal Contracts Bhd Gross Margin % Calculation

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

Coastal Contracts Bhd's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=4.5 / 77.764
=(Revenue - Cost of Goods Sold) / Revenue
=(77.764 - 73.307) / 77.764
=5.73 %

Coastal Contracts Bhd's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=4.1 / 39.568
=(Revenue - Cost of Goods Sold) / Revenue
=(39.568 - 35.507) / 39.568
=10.26 %

* 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.


Coastal Contracts Bhd  (XKLS:5071) 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

Coastal Contracts Bhd had a gross margin of 10.26% for the quarter that ended in Dec. 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.


Coastal Contracts Bhd Gross Margin % Related Terms

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


Coastal Contracts Bhd Business Description

Traded in Other Exchanges
N/A
Address
Block G, W.D.T. 259, Lot 3B, Bandar Leila, Sandakan, SBH, MYS, 90009
Coastal Contracts Bhd provides marine products and services to the shipping, oil and gas, and commodities industries. Along with its subsidiaries, it operates in the following segments; Gas processing which provides onshore gas conditioning and jack-up gas compression services; Vessels manufacturing and repairing services segment which is engaged in the fabrication and sale of offshore support and marine transportation vessels, and provision of ship repairs and maintenance services; and the Vessels chartering and equipment hire segment which provides vessels transportation and equipment hiring services. Maximum revenue for the company is generated from the Gas processing segment. Geographically, it derives key revenue from Mexico followed by China, Malaysia, Saudi Arabia, and others.

Coastal Contracts Bhd Headlines

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