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Cbi Co (XKRX:013720) Gross Margin % : 25.18% (As of Jun. 2024)


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What is Cbi Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cbi Co's Gross Profit for the three months ended in Jun. 2024 was ₩1,796 Mil. Cbi Co's Revenue for the three months ended in Jun. 2024 was ₩7,133 Mil. Therefore, Cbi Co's Gross Margin % for the quarter that ended in Jun. 2024 was 25.18%.


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

XKRX:013720' s Gross Margin % Range Over the Past 10 Years
Min: -2.69   Med: 12.43   Max: 26.65
Current: 26.65


During the past 13 years, the highest Gross Margin % of Cbi Co was 26.65%. The lowest was -2.69%. And the median was 12.43%.

XKRX:013720's Gross Margin % is ranked better than
69.21% of 1286 companies
in the Vehicles & Parts industry
Industry Median: 19.79 vs XKRX:013720: 26.65

Cbi Co had a gross margin of 25.18% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cbi Co was 0.00% per year.


Cbi Co Gross Margin % Historical Data

The historical data trend for Cbi Co'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.

Cbi Co Gross Margin % Chart

Cbi Co 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 12.20 -2.69 5.19 21.57 26.11

Cbi Co 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 24.60 33.18 25.55 22.10 25.18

Competitive Comparison of Cbi Co's Gross Margin %

For the Auto Parts subindustry, Cbi Co'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.


Cbi Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cbi Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cbi Co's Gross Margin % falls into.



Cbi Co Gross Margin % Calculation

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

Cbi Co'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 )
=8188 / 31359.26
=(Revenue - Cost of Goods Sold) / Revenue
=(31359.26 - 23171.23) / 31359.26
=26.11 %

Cbi Co'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 )
=1796.2 / 7132.719
=(Revenue - Cost of Goods Sold) / Revenue
=(7132.719 - 5336.486) / 7132.719
=25.18 %

* 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.


Cbi Co  (XKRX:013720) 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

Cbi Co had a gross margin of 25.18% for the quarter that ended in Jun. 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.


Cbi Co Gross Margin % Related Terms

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


Cbi Co Business Description

Traded in Other Exchanges
N/A
Address
208 Namdong-daero, Namdong-gu, Incheon, KOR, 405-817
Cbi Co Ltd manufactures parts and accessories for motor vehicles. The factories are located in Incheon and Gimpo.

Cbi Co Headlines

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