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Lay Hong Bhd (XKLS:9385) Gross Margin % : 28.41% (As of Dec. 2024)


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What is Lay Hong Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lay Hong Bhd's Gross Profit for the three months ended in Dec. 2024 was RM82 Mil. Lay Hong Bhd's Revenue for the three months ended in Dec. 2024 was RM287 Mil. Therefore, Lay Hong Bhd's Gross Margin % for the quarter that ended in Dec. 2024 was 28.41%.


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

XKLS:9385' s Gross Margin % Range Over the Past 10 Years
Min: 13.79   Med: 17.62   Max: 26.13
Current: 26.13


During the past 13 years, the highest Gross Margin % of Lay Hong Bhd was 26.13%. The lowest was 13.79%. And the median was 17.62%.

XKLS:9385's Gross Margin % is ranked better than
50.54% of 1844 companies
in the Consumer Packaged Goods industry
Industry Median: 25.93 vs XKLS:9385: 26.13

Lay Hong Bhd had a gross margin of 28.41% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lay Hong Bhd was 4.20% per year.


Lay Hong Bhd Gross Margin % Historical Data

The historical data trend for Lay Hong 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.

Lay Hong Bhd Gross Margin % Chart

Lay Hong Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.88 16.32 13.79 16.13 25.24

Lay Hong Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 39.79 30.25 18.86 26.88 28.41

Competitive Comparison of Lay Hong Bhd's Gross Margin %

For the Farm Products subindustry, Lay Hong 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.


Lay Hong Bhd's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lay Hong Bhd's Gross Margin % distribution charts can be found below:

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


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Lay Hong Bhd Gross Margin % Calculation

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

Lay Hong Bhd's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=263.2 / 1042.794
=(Revenue - Cost of Goods Sold) / Revenue
=(1042.794 - 779.573) / 1042.794
=25.24 %

Lay Hong Bhd's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=81.6 / 287.105
=(Revenue - Cost of Goods Sold) / Revenue
=(287.105 - 205.547) / 287.105
=28.41 %

* 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.


Lay Hong Bhd  (XKLS:9385) 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

Lay Hong Bhd had a gross margin of 28.41% for the quarter that ended in Dec. 2024 => 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.


Lay Hong Bhd Gross Margin % Related Terms

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


Lay Hong Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Empayar, Off Persiaran, Wisma Lay Hong, No. 2 Level 10-12, Sultan Ibrahim / KU1, Klang, SGR, MYS, 41150
Lay Hong Bhd is engaged in integrated livestock farming and Investment holding. The Company's three core businesses are Integrated livestock farming; Food manufacturing; and Retail business. It generates maximum revenue from the Integrated livestock farming segment.

Lay Hong Bhd Headlines

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