GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Apex Equity Holdings Bhd (XKLS:5088) » Definitions » Gross Margin %

Apex Equity Holdings Bhd (XKLS:5088) Gross Margin % : 78.38% (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Apex Equity Holdings Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Apex Equity Holdings Bhd's Gross Profit for the three months ended in Dec. 2023 was RM10.30 Mil. Apex Equity Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM13.14 Mil. Therefore, Apex Equity Holdings Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 78.38%.

Warning Sign:

Apex Equity Holdings Bhd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


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

XKLS:5088' s Gross Margin % Range Over the Past 10 Years
Min: 45.02   Med: 76   Max: 83.2
Current: 83.2


During the past 13 years, the highest Gross Margin % of Apex Equity Holdings Bhd was 83.20%. The lowest was 45.02%. And the median was 76.00%.

XKLS:5088's Gross Margin % is ranked better than
82.21% of 607 companies
in the Capital Markets industry
Industry Median: 48.7 vs XKLS:5088: 83.20

Apex Equity Holdings Bhd had a gross margin of 78.38% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Apex Equity Holdings Bhd was -1.30% per year.


Apex Equity Holdings Bhd Gross Margin % Historical Data

The historical data trend for Apex Equity Holdings 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.

Apex Equity Holdings Bhd Gross Margin % Chart

Apex Equity Holdings 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 74.79 67.91 45.02 74.23 78.06

Apex Equity Holdings 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 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 78.59 - 79.17 77.00 78.38

Competitive Comparison of Apex Equity Holdings Bhd's Gross Margin %

For the Capital Markets subindustry, Apex Equity Holdings 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.


Apex Equity Holdings Bhd's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Apex Equity Holdings Bhd's Gross Margin % distribution charts can be found below:

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



Apex Equity Holdings Bhd Gross Margin % Calculation

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

Apex Equity Holdings 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 )
=35.6 / 45.623
=(Revenue - Cost of Goods Sold) / Revenue
=(45.623 - 10.01) / 45.623
=78.06 %

Apex Equity Holdings 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 )
=10.3 / 13.136
=(Revenue - Cost of Goods Sold) / Revenue
=(13.136 - 2.84) / 13.136
=78.38 %

* 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.


Apex Equity Holdings Bhd  (XKLS:5088) 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

Apex Equity Holdings Bhd had a gross margin of 78.38% 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.


Apex Equity Holdings Bhd Gross Margin % Related Terms

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


Apex Equity Holdings Bhd (XKLS:5088) Business Description

Traded in Other Exchanges
N/A
Address
Off Jalan Semenyih, Bukit Mewah, 6th Floor, Menara Apex, Kajang, SGR, MYS, 43000
Apex Equity Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is engaged in the business of investment holding and trading in marketable securities. The Group is organised into four main business segments. Investment holdings and others, Stock and futures broking segment, Property holdings and property development and Money lending. The group generates a majority of its revenue from the Stock and futures broking segment. The company operates geographically in Malaysia.

Apex Equity Holdings Bhd (XKLS:5088) Headlines

No Headlines