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Jasa Kita Bhd (XKLS:8648) Gross Margin % : 27.50% (As of Dec. 2023)


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What is Jasa Kita Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jasa Kita Bhd's Gross Profit for the three months ended in Dec. 2023 was RM1.51 Mil. Jasa Kita Bhd's Revenue for the three months ended in Dec. 2023 was RM5.50 Mil. Therefore, Jasa Kita Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 27.50%.


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

XKLS:8648' s Gross Margin % Range Over the Past 10 Years
Min: 17.55   Med: 24.69   Max: 30.61
Current: 28.19


During the past 13 years, the highest Gross Margin % of Jasa Kita Bhd was 30.61%. The lowest was 17.55%. And the median was 24.69%.

XKLS:8648's Gross Margin % is ranked better than
54.69% of 2933 companies
in the Industrial Products industry
Industry Median: 26.57 vs XKLS:8648: 28.19

Jasa Kita Bhd had a gross margin of 27.50% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jasa Kita Bhd was 4.30% per year.


Jasa Kita Bhd Gross Margin % Historical Data

The historical data trend for Jasa Kita 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.

Jasa Kita Bhd Gross Margin % Chart

Jasa Kita Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.10 17.55 24.28 27.15 26.04

Jasa Kita 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 22.20 27.54 28.50 29.34 27.50

Competitive Comparison of Jasa Kita Bhd's Gross Margin %

For the Tools & Accessories subindustry, Jasa Kita 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.


Jasa Kita Bhd's Gross Margin % Distribution in the Industrial Products Industry

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

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



Jasa Kita Bhd Gross Margin % Calculation

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

Jasa Kita Bhd's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=5.9 / 22.631
=(Revenue - Cost of Goods Sold) / Revenue
=(22.631 - 16.737) / 22.631
=26.04 %

Jasa Kita 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 )
=1.5 / 5.502
=(Revenue - Cost of Goods Sold) / Revenue
=(5.502 - 3.989) / 5.502
=27.50 %

* 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.


Jasa Kita Bhd  (XKLS:8648) 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

Jasa Kita Bhd had a gross margin of 27.50% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Jasa Kita Bhd Gross Margin % Related Terms

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Jasa Kita Bhd (XKLS:8648) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, 3rd Floor, Jalan Segambut, Kuala Lumpur, MYS, 51200
Jasa Kita Bhd is a management and investment holding company. The company's operating segment includes Distribution and trading; Logistics related services; Investment holding and others. The company generates maximum revenue from the Distribution and trading segment which includes trading of electric motors, power tools, engineering and other industrial equipment, automobile batteries, and related automotive industrial products. Geographically, it operates only in Malaysia. Some of its products include Digital Angle Measurer; Pc End Cap Oil Filter Wrench Set; Cordless Tapper; Angle Grinder Quick and others.

Jasa Kita Bhd (XKLS:8648) Headlines

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