GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » AEON Credit Service (M) Bhd (XKLS:5139) » Definitions » Gross Margin %

AEON Credit Service (M) Bhd (XKLS:5139) Gross Margin % : 37.56% (As of Feb. 2024)


View and export this data going back to 2007. Start your Free Trial

What is AEON Credit Service (M) Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AEON Credit Service (M) Bhd's Gross Profit for the three months ended in Feb. 2024 was RM188 Mil. AEON Credit Service (M) Bhd's Revenue for the three months ended in Feb. 2024 was RM502 Mil. Therefore, AEON Credit Service (M) Bhd's Gross Margin % for the quarter that ended in Feb. 2024 was 37.56%.


The historical rank and industry rank for AEON Credit Service (M) Bhd's Gross Margin % or its related term are showing as below:

XKLS:5139' s Gross Margin % Range Over the Past 10 Years
Min: 65.36   Med: 66.99   Max: 70.01
Current: 70.01


During the past 13 years, the highest Gross Margin % of AEON Credit Service (M) Bhd was 70.01%. The lowest was 65.36%. And the median was 66.99%.

XKLS:5139's Gross Margin % is ranked better than
68.27% of 353 companies
in the Credit Services industry
Industry Median: 53.17 vs XKLS:5139: 70.01

AEON Credit Service (M) Bhd had a gross margin of 37.56% for the quarter that ended in Feb. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for AEON Credit Service (M) Bhd was 1.00% per year.


AEON Credit Service (M) Bhd Gross Margin % Historical Data

The historical data trend for AEON Credit Service (M) 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.

AEON Credit Service (M) Bhd Gross Margin % Chart

AEON Credit Service (M) Bhd Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.03 66.38 65.36 69.12 70.01

AEON Credit Service (M) Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 36.96 81.37 81.69 81.56 37.56

Competitive Comparison of AEON Credit Service (M) Bhd's Gross Margin %

For the Credit Services subindustry, AEON Credit Service (M) 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.


AEON Credit Service (M) Bhd's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, AEON Credit Service (M) Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AEON Credit Service (M) Bhd's Gross Margin % falls into.



AEON Credit Service (M) Bhd Gross Margin % Calculation

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

AEON Credit Service (M) Bhd's Gross Margin for the fiscal year that ended in Feb. 2024 is calculated as

Gross Margin % (A: Feb. 2024 )=Gross Profit (A: Feb. 2024 ) / Revenue (A: Feb. 2024 )
=1338.9 / 1912.491
=(Revenue - Cost of Goods Sold) / Revenue
=(1912.491 - 573.585) / 1912.491
=70.01 %

AEON Credit Service (M) Bhd's Gross Margin for the quarter that ended in Feb. 2024 is calculated as


Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=188.4 / 501.574
=(Revenue - Cost of Goods Sold) / Revenue
=(501.574 - 313.167) / 501.574
=37.56 %

* 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.


AEON Credit Service (M) Bhd  (XKLS:5139) 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

AEON Credit Service (M) Bhd had a gross margin of 37.56% for the quarter that ended in Feb. 2024 => Competition eroding margins


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.


AEON Credit Service (M) Bhd Gross Margin % Related Terms

Thank you for viewing the detailed overview of AEON Credit Service (M) Bhd's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


AEON Credit Service (M) Bhd (XKLS:5139) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Kerinchi, Avenue 10, Level 18, UOA Corporate Tower, The Vertical, Bangsar South City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
AEON Credit Service (M) Bhd offers credit cards and other loans and financing options to consumers in Malaysia. The company earns more than 80% of its revenue from interest and financing charges on the loans it provides. Fees provide the remaining revenue. Vehicle financing, with a roughly even split between cars and motorcycles, accounts for more than half of the loans the company has outstanding. Remaining loans outstanding are in the personal financing, consumer durables financing, and credit card categories. Aeon Credit issues credit cards under the Visa and Mastercard brand names.

AEON Credit Service (M) Bhd (XKLS:5139) Headlines

No Headlines