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Homeritz Bhd (XKLS:5160) Gross Margin % : 0.00% (As of Feb. 2024)


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What is Homeritz Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Homeritz Bhd's Gross Profit for the three months ended in Feb. 2024 was RM57.6 Mil. Homeritz Bhd's Revenue for the three months ended in Feb. 2024 was RM57.6 Mil. Therefore, Homeritz Bhd's Gross Margin % for the quarter that ended in Feb. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 13 years, the highest Gross Margin % of Homeritz Bhd was 54.56%. The lowest was 44.79%. And the median was 48.50%.

XKLS:5160's Gross Margin % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 28.48
* Ranked among companies with meaningful Gross Margin % only.

Homeritz Bhd had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Homeritz Bhd was 1.90% per year.


Homeritz Bhd Gross Margin % Historical Data

The historical data trend for Homeritz 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.

Homeritz Bhd Gross Margin % Chart

Homeritz Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.56 53.22 49.87 47.19 54.56

Homeritz 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 - - - - -

Competitive Comparison of Homeritz Bhd's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Homeritz 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.


Homeritz Bhd's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Homeritz Bhd's Gross Margin % distribution charts can be found below:

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



Homeritz Bhd Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Homeritz Bhd's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=88.7 / 162.644
=(Revenue - Cost of Goods Sold) / Revenue
=(162.644 - 73.913) / 162.644
=54.56 %

Homeritz 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 )
=57.6 / 57.571
=(Revenue - Cost of Goods Sold) / Revenue
=(57.571 - 0) / 57.571
=N/A %

* 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.


Homeritz Bhd  (XKLS:5160) 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

Homeritz Bhd had a gross margin of N/A% for the quarter that ended in Feb. 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.


Homeritz Bhd Gross Margin % Related Terms

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Homeritz Bhd (XKLS:5160) Business Description

Traded in Other Exchanges
N/A
Address
Lot 8726, PTD 6023, Batu 8, Kawasan Perindustrian Bukit Bakri, Muar, JHR, MYS, 84200
Homeritz Corp Bhd an investment holding company, designs, manufactures and sells upholstery furniture products. The company provides upholstery home furniture products consisting of leather and fabric-based sofas, dining chairs, and bed frames; and lifestyle furniture products under the Eritz brand. It is also involved in property investment activities and the design, manufacture, and sale of furniture and furniture parts. The company's majority revenue comes from Asia and the Asia Pacific region (excluding Malaysia).

Homeritz Bhd (XKLS:5160) Headlines

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