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Central Global Bhd (XKLS:8052) Gross Margin % : 3.64% (As of Dec. 2023)


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What is Central Global Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Central Global Bhd's Gross Profit for the three months ended in Dec. 2023 was RM1.7 Mil. Central Global Bhd's Revenue for the three months ended in Dec. 2023 was RM45.4 Mil. Therefore, Central Global Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 3.64%.


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

XKLS:8052' s Gross Margin % Range Over the Past 10 Years
Min: 2.66   Med: 12.01   Max: 16.55
Current: 12.15


During the past 13 years, the highest Gross Margin % of Central Global Bhd was 16.55%. The lowest was 2.66%. And the median was 12.01%.

XKLS:8052's Gross Margin % is ranked worse than
78.41% of 1510 companies
in the Chemicals industry
Industry Median: 22.355 vs XKLS:8052: 12.15

Central Global Bhd had a gross margin of 3.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Central Global Bhd was 6.70% per year.


Central Global Bhd Gross Margin % Historical Data

The historical data trend for Central Global 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.

Central Global Bhd Gross Margin % Chart

Central Global 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 11.64 2.66 5.54 16.37 12.15

Central Global Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.79 13.06 19.01 12.20 3.64

Competitive Comparison of Central Global Bhd's Gross Margin %

For the Specialty Chemicals subindustry, Central Global 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.


Central Global Bhd's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Central Global Bhd's Gross Margin % distribution charts can be found below:

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



Central Global Bhd Gross Margin % Calculation

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

Central Global 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 )
=26.6 / 218.564
=(Revenue - Cost of Goods Sold) / Revenue
=(218.564 - 192.012) / 218.564
=12.15 %

Central Global 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 )
=1.7 / 45.387
=(Revenue - Cost of Goods Sold) / Revenue
=(45.387 - 43.735) / 45.387
=3.64 %

* 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.


Central Global Bhd  (XKLS:8052) 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

Central Global Bhd had a gross margin of 3.64% for the quarter that ended in Dec. 2023 => 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.


Central Global Bhd Gross Margin % Related Terms

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


Central Global Bhd (XKLS:8052) Business Description

Traded in Other Exchanges
N/A
Address
Bandar Sri Permaisuri, Jalan 5/106, A5-06 Block A Plaza Dwi Tasik, Kuala Lumpur, MYS, 56000
Central Global Bhd is a manufacturer of industrial tapes and labels stock. These are provided for professional auto spray painting, packing, advertising applications, general labeling, and identification. The group's reportable segment comprises manufacturing and sale of self-adhesive label stocks and tapes, construction contracts, trading, and others. The label products of the company are a mirrokote paper label, art paper label, printing paper label, polyester label, static vinyl label and others. The adhesive tape products include masking tape, painter tape, foam tape, tissue tape, polyester tape, acrylic tape, cloth tape, and others.

Central Global Bhd (XKLS:8052) Headlines

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