Bonia Bhd (XKLS:9288) Gross Margin % : 61.85% (As of Mar. 2024)

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What is Bonia Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bonia Bhd's Gross Profit for the three months ended in Mar. 2024 was RM67.6 Mil. Bonia Bhd's Revenue for the three months ended in Mar. 2024 was RM109.4 Mil. Therefore, Bonia Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 61.85%.

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

XKLS:9288' s Gross Margin % Range Over the Past 10 Years
Min: 52.43 Med: 58.66 Max: 61.31
Current: 61.31

During the past 13 years, the highest Gross Margin % of Bonia Bhd was 61.31%. The lowest was 52.43%. And the median was 58.66%.

XKLS:9288's Gross Margin % is ranked better than
91.16% of 1029 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 27.09 vs XKLS:9288: 61.31

Bonia Bhd had a gross margin of 61.85% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bonia Bhd was 0.60% per year.

Bonia Bhd Gross Margin % Historical Data

The historical data trend for Bonia 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.

Bonia Bhd Gross Margin % Chart

Bonia Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

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54.12

54.50

52.43

58.24

61.15

Bonia 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															61.81	61.43	61.40	60.64	61.85

Competitive Comparison of Bonia Bhd's Gross Margin %

For the Footwear & Accessories subindustry, Bonia 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.

Bonia Bhd's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bonia Bhd's Gross Margin % distribution charts can be found below:

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

Bonia Bhd Gross Margin % Calculation

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

Bonia Bhd's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	259.4	/	424.148
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(424.148 - 164.767)	/	424.148
	=	61.15 %

Bonia 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 )
	=	67.6	/	109.363
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(109.363 - 41.718)	/	109.363
	=	61.85 %

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.

Bonia Bhd (XKLS:9288) 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

Bonia Bhd had a gross margin of 61.85% for the quarter that ended in Mar. 2024 => 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.

Bonia Bhd Gross Margin % Related Terms

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

Bonia Bhd (XKLS:9288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bonia Corp Bhd (XKLS:9288) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 160, Jalan Cerdas, Level 6, Ikon Connaught, Taman Connaught, Cheras, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 56000

Website

https://www.bonia.com

Bonia Corp Bhd is principally engaged in product design, manufacture, promotion, marketing, distribution, wholesale, and retail of luxury leatherwear, footwear, apparel, accessories, and eyewear for both men and women under its in-house brands as well as other international licensed brands. It operates through the following segments: Retailing which designs, promotes, and markets fashionable apparels, footwear, accessories, and leather goods; Manufacturing segment which manufactures and markets fashionable leather goods; and Investment and property development which engages in rental and development of commercial properties. The company's operations are located in Malaysia and Singapore, with offices in Indonesia and Vietnam as well.

Bonia Bhd (XKLS:9288) Headlines

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