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Samyang (XKRX:145995) Gross Margin % : 19.20% (As of Sep. 2024)


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What is Samyang Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Samyang's Gross Profit for the three months ended in Sep. 2024 was ₩126,824 Mil. Samyang's Revenue for the three months ended in Sep. 2024 was ₩660,624 Mil. Therefore, Samyang's Gross Margin % for the quarter that ended in Sep. 2024 was 19.20%.

Warning Sign:

Samyang Corp gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


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

XKRX:145995' s Gross Margin % Range Over the Past 10 Years
Min: 14.67   Med: 17.48   Max: 20.14
Current: 18.96


During the past 13 years, the highest Gross Margin % of Samyang was 20.14%. The lowest was 14.67%. And the median was 17.48%.

XKRX:145995's Gross Margin % is ranked worse than
65.65% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 25.825 vs XKRX:145995: 18.96

Samyang had a gross margin of 19.20% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Samyang was -2.30% per year.


Samyang Gross Margin % Historical Data

The historical data trend for Samyang'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.

Samyang Gross Margin % Chart

Samyang 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 18.30 19.52 16.24 15.60 17.51

Samyang Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 17.96 17.85 18.22 20.43 19.20

Competitive Comparison of Samyang's Gross Margin %

For the Packaged Foods subindustry, Samyang'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.


Samyang's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Samyang's Gross Margin % distribution charts can be found below:

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



Samyang Gross Margin % Calculation

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

Samyang'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 )
=464304.5 / 2651439.171
=(Revenue - Cost of Goods Sold) / Revenue
=(2651439.171 - 2187134.623) / 2651439.171
=17.51 %

Samyang's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=126823.8 / 660623.897
=(Revenue - Cost of Goods Sold) / Revenue
=(660623.897 - 533800.073) / 660623.897
=19.20 %

* 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.


Samyang  (XKRX:145995) 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

Samyang had a gross margin of 19.20% for the quarter that ended in Sep. 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.


Samyang Gross Margin % Related Terms

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


Samyang Business Description

Traded in Other Exchanges
Address
263 Yeonji-dong, Jongno-gu, Seoul, KOR
Samyang Corporation is a South Korea based company that manufactures groceries, chemicals and medicines. The company also engages in the manufacture of engineering plastic industrial material and assorted feed. Its main business fields include Chemicals and Foodstuffs. The Chemicals business category encompasses around the Engineering Plastics and on PET-Based Products (Industrial Fiber and Bottles). The Foodstuffs segment provides a wide range of food products covering Sugar, Flour, Vegetable Oils, Margarine, Shortening and Baking Mix.

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