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M2N Co (XKRX:033310) Gross Margin % : 9.06% (As of Dec. 2024)


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What is M2N Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. M2N Co's Gross Profit for the three months ended in Dec. 2024 was ₩1,968 Mil. M2N Co's Revenue for the three months ended in Dec. 2024 was ₩21,733 Mil. Therefore, M2N Co's Gross Margin % for the quarter that ended in Dec. 2024 was 9.06%.


The historical rank and industry rank for M2N Co's Gross Margin % or its related term are showing as below:

XKRX:033310' s Gross Margin % Range Over the Past 10 Years
Min: -8.07   Med: 12.68   Max: 17.79
Current: 12.14


During the past 13 years, the highest Gross Margin % of M2N Co was 17.79%. The lowest was -8.07%. And the median was 12.68%.

XKRX:033310's Gross Margin % is ranked worse than
84.03% of 382 companies
in the Packaging & Containers industry
Industry Median: 20.775 vs XKRX:033310: 12.14

M2N Co had a gross margin of 9.06% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for M2N Co was 0.00% per year.


M2N Co Gross Margin % Historical Data

The historical data trend for M2N 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.

M2N Co Gross Margin % Chart

M2N Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.69 3.76 -8.07 13.21 12.14

M2N Co 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 16.23 13.78 14.36 11.00 9.06

Competitive Comparison of M2N Co's Gross Margin %

For the Packaging & Containers subindustry, M2N 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.


M2N Co's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, M2N Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where M2N Co's Gross Margin % falls into.


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M2N Co Gross Margin % Calculation

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

M2N Co's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=11070.6 / 91210.15
=(Revenue - Cost of Goods Sold) / Revenue
=(91210.15 - 80139.575) / 91210.15
=12.14 %

M2N Co'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 )
=1968.3 / 21733.395
=(Revenue - Cost of Goods Sold) / Revenue
=(21733.395 - 19765.113) / 21733.395
=9.06 %

* 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.


M2N Co  (XKRX:033310) 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

M2N Co had a gross margin of 9.06% for the quarter that ended in Dec. 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.


M2N Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of M2N Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


M2N Co Business Description

Traded in Other Exchanges
N/A
Address
14 Yeoui-daero, Yeongdeungpo-gu, 16th Floor, KT Building, Seoul, KOR
M2N Co Ltd is engaged in manufacturing steel packaging products such as steel drums used to conceal chemicals products and materials. The products offered by the company include Tight Head Drum, Open Head Drum, Galvanized Drum, and Triple Seam.

M2N Co Headlines

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