The historical rank and industry rank for Kumho Petro Chemical's Gross Margin % or its related term are showing as below:
XKRX:011780'
s Gross Margin % Range Over the Past 10 Years
Min: 7.28 Med: 10.78 Max: 31.89
Current: 9.55
During the past 13 years, the highestGross Margin % of Kumho Petro Chemical was 31.89%. The lowest was 7.28%. And the median was 10.78%.
XKRX:011780's Gross Margin % is ranked worse than 83.92% of 1511
companies
in the Chemicals industry
Industry Median: 22.24
vs XKRX:011780: 9.55
Kumho Petro Chemical had a gross margin of 8.92% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Kumho Petro Chemical was 1.80% per year.
Kumho Petro Chemical Gross Margin % Historical Data
The historical data trend for Kumho Petro Chemical'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.
Competitive Comparison of Kumho Petro Chemical's Gross Margin %
For the Specialty Chemicals subindustry, Kumho Petro Chemical'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.
Kumho Petro Chemical's Gross Margin % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kumho Petro Chemical's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kumho Petro Chemical's Gross Margin % falls into.
* 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.
Kumho Petro Chemical (XKRX:011780) 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
Kumho Petro Chemical had a gross margin of 8.92% for the quarter that ended in Mar. 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.
Kumho Petro Chemical Gross Margin % Related Terms
Thank you for viewing the detailed overview of Kumho Petro Chemical's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kumho Petro Chemical (XKRX:011780) Business Description
Kumho Petro Chemical Ltd is a manufacturer of synthetic rubbers, and does business in synthetic resins, specialty chemicals, electronic materials, nanocarbon, energy, and building materials. The synthetic rubber business constitutes the largest portion of the company's revenue, and its products are applied to tires, shoes, auto parts, and other industrial applications. Kumho's main customers, under the rubber segment, are global tire manufacturers. Second to the rubber business in revenue, the synthetic resins business manufactures products used in auto parts, home appliances, beverage containers, and a host of other products. The company's revenue is largely derived from international exports, but the remainder of sales are executed in Korea.
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