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EITA Resources Bhd (XKLS:5208) Gross Margin % : 0.00% (As of Mar. 2024)


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What is EITA Resources Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. EITA Resources Bhd's Gross Profit for the three months ended in Mar. 2024 was RM85.1 Mil. EITA Resources Bhd's Revenue for the three months ended in Mar. 2024 was RM85.1 Mil. Therefore, EITA Resources Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

EITA Resources Bhd gross margin has been in long-term decline. The average rate of decline per year is -5%.


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


During the past 13 years, the highest Gross Margin % of EITA Resources Bhd was 29.87%. The lowest was 22.65%. And the median was 27.28%.

XKLS:5208's Gross Margin % is not ranked *
in the Industrial Products industry.
Industry Median: 26.55
* Ranked among companies with meaningful Gross Margin % only.

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

The 5-Year average Growth Rate of Gross Margin for EITA Resources Bhd was -5.00% per year.


EITA Resources Bhd Gross Margin % Historical Data

The historical data trend for EITA Resources 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.

EITA Resources Bhd Gross Margin % Chart

EITA Resources Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.17 27.22 25.19 22.65 24.07

EITA Resources 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 - - - - -

Competitive Comparison of EITA Resources Bhd's Gross Margin %

For the Specialty Industrial Machinery subindustry, EITA Resources 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.


EITA Resources Bhd's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EITA Resources Bhd's Gross Margin % distribution charts can be found below:

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



EITA Resources 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.)

EITA Resources Bhd's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=76.3 / 316.87
=(Revenue - Cost of Goods Sold) / Revenue
=(316.87 - 240.593) / 316.87
=24.07 %

EITA Resources 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 )
=85.1 / 85.142
=(Revenue - Cost of Goods Sold) / Revenue
=(85.142 - 0) / 85.142
=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.


EITA Resources Bhd  (XKLS:5208) 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

EITA Resources Bhd had a gross margin of N/A% 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.


EITA Resources Bhd Gross Margin % Related Terms

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


EITA Resources Bhd (XKLS:5208) Business Description

Traded in Other Exchanges
N/A
Address
Lot 4, Block A, Jalan SS13/7, Subang Jaya Industrial Estate, Subang Jaya, SGR, MYS, 47500
EITA Resources Bhd is an investment holding company. The business of the company operates through various segments that are Design & Manufacturing, which includes purchasing, designing, and manufacturing of elevator and bus ducts; Marketing & Distribution, which includes purchasing, marketing, and distributing electrical and electronic components; Services, which is into the maintenance of elevator systems and carrying out civil, electrical, and general construction works; and High Voltage system, which carries out electrical engineering, and general construction work. Its products include elevators, power equipment, cabling, control equipment, security, green technology, and lighting & surge protection system. Its geographical segments are Malaysia, ASEAN, the Middle East, and others.

EITA Resources Bhd (XKLS:5208) Headlines

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