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Tomei Consolidated Bhd (XKLS:7230) Gross Margin % : 19.34% (As of Sep. 2024)


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What is Tomei Consolidated Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tomei Consolidated Bhd's Gross Profit for the three months ended in Sep. 2024 was RM42 Mil. Tomei Consolidated Bhd's Revenue for the three months ended in Sep. 2024 was RM216 Mil. Therefore, Tomei Consolidated Bhd's Gross Margin % for the quarter that ended in Sep. 2024 was 19.34%.

Warning Sign:

Tomei Consolidated Bhd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

XKLS:7230' s Gross Margin % Range Over the Past 10 Years
Min: 18.77   Med: 23.83   Max: 27.78
Current: 22.18


During the past 13 years, the highest Gross Margin % of Tomei Consolidated Bhd was 27.78%. The lowest was 18.77%. And the median was 23.83%.

XKLS:7230's Gross Margin % is ranked worse than
76.44% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.85 vs XKLS:7230: 22.18

Tomei Consolidated Bhd had a gross margin of 19.34% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tomei Consolidated Bhd was -1.80% per year.


Tomei Consolidated Bhd Gross Margin % Historical Data

The historical data trend for Tomei Consolidated 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.

Tomei Consolidated Bhd Gross Margin % Chart

Tomei Consolidated 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 25.25 25.15 18.77 21.76 23.14

Tomei Consolidated Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.69 21.57 22.47 24.69 19.34

Competitive Comparison of Tomei Consolidated Bhd's Gross Margin %

For the Luxury Goods subindustry, Tomei Consolidated 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.


Tomei Consolidated Bhd's Gross Margin % Distribution in the Retail - Cyclical Industry

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

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



Tomei Consolidated Bhd Gross Margin % Calculation

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

Tomei Consolidated 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 )
=210.5 / 909.713
=(Revenue - Cost of Goods Sold) / Revenue
=(909.713 - 699.201) / 909.713
=23.14 %

Tomei Consolidated Bhd's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=41.7 / 215.637
=(Revenue - Cost of Goods Sold) / Revenue
=(215.637 - 173.942) / 215.637
=19.34 %

* 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.


Tomei Consolidated Bhd  (XKLS:7230) 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

Tomei Consolidated Bhd had a gross margin of 19.34% for the quarter that ended in Sep. 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.


Tomei Consolidated Bhd Gross Margin % Related Terms

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


Tomei Consolidated Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan 2/131A, Jalan Kelang Lama, 8-1, Batu 6, Project Jaya Industrial Estate, Kuala Lumpur, MYS, 58200
Tomei Consolidated Bhd is an integrated jewellery manufacturer and retailer of gold and jewellery. The company operates its business through two segments: Manufacturing and Wholesale; and Retail segment. Its wholesale segment serves various jewellery retailers in Malaysia and some of its products are exported to Singapore, Vietnam, Thailand, Indonesia, and European countries. The company operates some retail outlets under the brands - Tomei, Goldheart, Le Lumiere and De Beers. Its retail segment contributes to the vast majority of total revenue.

Tomei Consolidated Bhd Headlines

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