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Gas Malaysia Bhd (XKLS:5209) Gross Margin % : 8.26% (As of Mar. 2024)


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What is Gas Malaysia Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gas Malaysia Bhd's Gross Profit for the three months ended in Mar. 2024 was RM155 Mil. Gas Malaysia Bhd's Revenue for the three months ended in Mar. 2024 was RM1,873 Mil. Therefore, Gas Malaysia Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 8.26%.


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

XKLS:5209' s Gross Margin % Range Over the Past 10 Years
Min: 4.23   Med: 5.88   Max: 9.01
Current: 8.04


During the past 13 years, the highest Gross Margin % of Gas Malaysia Bhd was 9.01%. The lowest was 4.23%. And the median was 5.88%.

XKLS:5209's Gross Margin % is ranked worse than
90.94% of 508 companies
in the Utilities - Regulated industry
Industry Median: 29.64 vs XKLS:5209: 8.04

Gas Malaysia Bhd had a gross margin of 8.26% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gas Malaysia Bhd was 13.50% per year.


Gas Malaysia Bhd Gross Margin % Historical Data

The historical data trend for Gas Malaysia 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.

Gas Malaysia Bhd Gross Margin % Chart

Gas Malaysia 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 4.23 5.37 6.84 8.08 7.35

Gas Malaysia 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 5.91 7.50 7.14 9.34 8.26

Competitive Comparison of Gas Malaysia Bhd's Gross Margin %

For the Utilities - Regulated Gas subindustry, Gas Malaysia 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.


Gas Malaysia Bhd's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gas Malaysia Bhd's Gross Margin % distribution charts can be found below:

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



Gas Malaysia Bhd Gross Margin % Calculation

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

Gas Malaysia 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 )
=593.7 / 8078.921
=(Revenue - Cost of Goods Sold) / Revenue
=(8078.921 - 7485.241) / 8078.921
=7.35 %

Gas Malaysia 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 )
=154.6 / 1872.612
=(Revenue - Cost of Goods Sold) / Revenue
=(1872.612 - 1717.997) / 1872.612
=8.26 %

* 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.


Gas Malaysia Bhd  (XKLS:5209) 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

Gas Malaysia Bhd had a gross margin of 8.26% 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.


Gas Malaysia Bhd Gross Margin % Related Terms

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


Gas Malaysia Bhd (XKLS:5209) Business Description

Traded in Other Exchanges
N/A
Address
Number 5, Jalan Serendah 26/17, Seksyen 26, Shah Alam, SGR, MYS, 40732
Gas Malaysia Bhd is a Malaysian gas utility company of which the shareholder is the state-owned Malaysian energy corporation, Petronas. Gas Malaysia is involved in the distribution and sale of natural gas and liquefied petroleum gas (LPG) within the Natural Gas Distribution System in Peninsular Malaysia. The company segments its operations into Natural Gas and LPG and Others. Nearly all of Gas Malaysia's revenue is derived from its Natural Gas and LPG division. Within this unit, the sale of natural gas generates the vast majority of revenue. Malaysia Gas also receives revenue from sales of LPG, the construction of pipelines, and pipeline usage tolling fees. While the company serves a variety of industrial and commercial consumers, its customers are residential entities.

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