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Kuk Young G&M (XKRX:006050) Gross Margin % : 8.52% (As of Jun. 2024)


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What is Kuk Young G&M Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kuk Young G&M's Gross Profit for the three months ended in Jun. 2024 was ₩1,761 Mil. Kuk Young G&M's Revenue for the three months ended in Jun. 2024 was ₩20,664 Mil. Therefore, Kuk Young G&M's Gross Margin % for the quarter that ended in Jun. 2024 was 8.52%.


The historical rank and industry rank for Kuk Young G&M's Gross Margin % or its related term are showing as below:

XKRX:006050' s Gross Margin % Range Over the Past 10 Years
Min: -7.98   Med: 4.07   Max: 8.12
Current: 6


During the past 13 years, the highest Gross Margin % of Kuk Young G&M was 8.12%. The lowest was -7.98%. And the median was 4.07%.

XKRX:006050's Gross Margin % is ranked worse than
87.11% of 1653 companies
in the Construction industry
Industry Median: 19.9 vs XKRX:006050: 6.00

Kuk Young G&M had a gross margin of 8.52% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kuk Young G&M was 0.00% per year.


Kuk Young G&M Gross Margin % Historical Data

The historical data trend for Kuk Young G&M'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.

Kuk Young G&M Gross Margin % Chart

Kuk Young G&M 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 4.51 0.35 -7.98 8.12 5.71

Kuk Young G&M Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.82 4.50 8.20 2.42 8.52

Competitive Comparison of Kuk Young G&M's Gross Margin %

For the Building Products & Equipment subindustry, Kuk Young G&M'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.


Kuk Young G&M's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kuk Young G&M's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kuk Young G&M's Gross Margin % falls into.



Kuk Young G&M Gross Margin % Calculation

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

Kuk Young G&M'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 )
=4372.6 / 76640.521
=(Revenue - Cost of Goods Sold) / Revenue
=(76640.521 - 72267.925) / 76640.521
=5.71 %

Kuk Young G&M's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=1761.4 / 20663.717
=(Revenue - Cost of Goods Sold) / Revenue
=(20663.717 - 18902.338) / 20663.717
=8.52 %

* 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.


Kuk Young G&M  (XKRX:006050) 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

Kuk Young G&M had a gross margin of 8.52% for the quarter that ended in Jun. 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.


Kuk Young G&M Gross Margin % Related Terms

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Kuk Young G&M Business Description

Traded in Other Exchanges
N/A
Address
215-12 Nonhyeon-dong, Gangnam-gu, Seoul, KOR, 135-010
Kuk Young G&M designs, processes, and manufactures glass products. The company's products include architectural glass, and household glass, which are tempered or double glazed.

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