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S&K Polytec Co (XKRX:091340) Gross Margin % : 17.24% (As of Jun. 2024)


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What is S&K Polytec Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. S&K Polytec Co's Gross Profit for the three months ended in Jun. 2024 was ₩13,143 Mil. S&K Polytec Co's Revenue for the three months ended in Jun. 2024 was ₩76,237 Mil. Therefore, S&K Polytec Co's Gross Margin % for the quarter that ended in Jun. 2024 was 17.24%.

Warning Sign:

S&K Polytec Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


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

XKRX:091340' s Gross Margin % Range Over the Past 10 Years
Min: 13.04   Med: 16.15   Max: 36.61
Current: 17.9


During the past 13 years, the highest Gross Margin % of S&K Polytec Co was 36.61%. The lowest was 13.04%. And the median was 16.15%.

XKRX:091340's Gross Margin % is ranked worse than
62.91% of 1518 companies
in the Chemicals industry
Industry Median: 21.955 vs XKRX:091340: 17.90

S&K Polytec Co had a gross margin of 17.24% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for S&K Polytec Co was -4.10% per year.


S&K Polytec Co Gross Margin % Historical Data

The historical data trend for S&K Polytec 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.

S&K Polytec Co Gross Margin % Chart

S&K Polytec 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 18.55 14.32 14.39 13.04 15.48

S&K Polytec 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 13.31 17.02 20.20 17.21 17.24

Competitive Comparison of S&K Polytec Co's Gross Margin %

For the Specialty Chemicals subindustry, S&K Polytec 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.


S&K Polytec Co's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, S&K Polytec Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where S&K Polytec Co's Gross Margin % falls into.



S&K Polytec Co Gross Margin % Calculation

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

S&K Polytec 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 )
=38858.6 / 251085.149
=(Revenue - Cost of Goods Sold) / Revenue
=(251085.149 - 212226.532) / 251085.149
=15.48 %

S&K Polytec 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 )
=13142.8 / 76236.77
=(Revenue - Cost of Goods Sold) / Revenue
=(76236.77 - 63094.019) / 76236.77
=17.24 %

* 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.


S&K Polytec Co  (XKRX:091340) 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

S&K Polytec Co had a gross margin of 17.24% 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.


S&K Polytec Co Gross Margin % Related Terms

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


S&K Polytec Co Business Description

Traded in Other Exchanges
N/A
Address
4Ba-303, Sihwa-gongdan, 66, Byeolmang-ro, Danwon-gu, Gyeonggi-do, Ansan-si, KOR, 15617
S&K Polytec Co Ltd is a South Korea based chemical company engaged in processing chemicals and polyurethane for the electronic, medical, other sports, and construction industries. It develops and produces electrical mechanic equipment FPCB Assy; and processes and sells adhesive films and tapes for information, electric and electronic materials, and related products.

S&K Polytec Co Headlines

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