Mst Golf group Bhd (XKLS:5316) Gross Margin % : 43.92% (As of Dec. 2023)

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What is Mst Golf group Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mst Golf group Bhd's Gross Profit for the six months ended in Dec. 2023 was RM142.9 Mil. Mst Golf group Bhd's Revenue for the six months ended in Dec. 2023 was RM325.4 Mil. Therefore, Mst Golf group Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 43.92%.

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

XKLS:5316' s Gross Margin % Range Over the Past 10 Years
Min: 40.2 Med: 40.82 Max: 43.92
Current: 43.92

During the past 5 years, the highest Gross Margin % of Mst Golf group Bhd was 43.92%. The lowest was 40.20%. And the median was 40.82%.

XKLS:5316's Gross Margin % is ranked better than
62.59% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.455 vs XKLS:5316: 43.92

Mst Golf group Bhd had a gross margin of 43.92% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mst Golf group Bhd was 0.00% per year.

Mst Golf group Bhd Gross Margin % Historical Data

The historical data trend for Mst Golf group 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.

Mst Golf group Bhd Gross Margin % Chart

Mst Golf group Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

40.20

40.82

40.69

42.94

43.92

Mst Golf group Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Gross Margin %	40.20	40.82	40.69	42.94	43.92

Competitive Comparison of Mst Golf group Bhd's Gross Margin %

For the Specialty Retail subindustry, Mst Golf group 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.

Mst Golf group Bhd's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mst Golf group Bhd's Gross Margin % distribution charts can be found below:

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

Mst Golf group Bhd Gross Margin % Calculation

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

Mst Golf group 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 )
	=	142.9	/	325.431
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(325.431 - 182.502)	/	325.431
	=	43.92 %

Mst Golf group 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 )
	=	142.9	/	325.431
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(325.431 - 182.502)	/	325.431
	=	43.92 %

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.

Mst Golf group Bhd (XKLS:5316) 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

Mst Golf group Bhd had a gross margin of 43.92% 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.

Mst Golf group Bhd Gross Margin % Related Terms

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Mst Golf group Bhd (XKLS:5316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mst Golf group Bhd (XKLS:5316) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan SS 13/5, MST Golf Plaza, Subang Jaya, SGR, MYS, 47500

Website

https://www.mstgolfgroup.com

Mst Golf group Bhd is principally an investment holding company whilst its Subsidiaries are principally engaged in the specialty retail and wholesale of golf equipment comprising golf clubs, golf balls and accessories and golf apparel in Malaysia and Singapore. In addition, the company also offers golf-related services including golf coaching, rental of golf equipment mainly golf clubs and golf accessories at its pro shops at golf and country clubs and supply of range balls for use at the driving range that it operates, event management and planning for golf tournament-related events as well as operating indoor golf centers.

Mst Golf group Bhd (XKLS:5316) Headlines

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