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Pan Asia Footwear PCL (BKK:PAF-F) Gross Profit : ฿137 Mil (TTM As of Jun. 2024)


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What is Pan Asia Footwear PCL Gross Profit?

Pan Asia Footwear PCL's gross profit for the three months ended in Jun. 2024 was ฿26 Mil. Pan Asia Footwear PCL's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ฿137 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pan Asia Footwear PCL's gross profit for the three months ended in Jun. 2024 was ฿26 Mil. Pan Asia Footwear PCL's Revenue for the three months ended in Jun. 2024 was ฿760 Mil. Therefore, Pan Asia Footwear PCL's Gross Margin % for the quarter that ended in Jun. 2024 was 3.43%.

Pan Asia Footwear PCL had a gross margin of 3.43% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Pan Asia Footwear PCL was 16.09%. The lowest was 4.47%. And the median was 10.21%.

Warning Sign:

Pan Asia Footwear PCL gross margin has been in long-term decline. The average rate of decline per year is -13.3%.


Pan Asia Footwear PCL Gross Profit Historical Data

The historical data trend for Pan Asia Footwear PCL's Gross Profit 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.

Pan Asia Footwear PCL Gross Profit Chart

Pan Asia Footwear PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.66 77.62 59.19 70.25 128.16

Pan Asia Footwear PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Profit 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 28.12 36.68 35.19 39.41 26.07

Competitive Comparison of Pan Asia Footwear PCL's Gross Profit

For the Footwear & Accessories subindustry, Pan Asia Footwear PCL's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Pan Asia Footwear PCL's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pan Asia Footwear PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pan Asia Footwear PCL's Gross Profit falls into.



Pan Asia Footwear PCL Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Pan Asia Footwear PCL's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2864.126 - 2735.97
=128

Pan Asia Footwear PCL's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=760.133 - 734.06
=26

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿137 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Pan Asia Footwear PCL'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=26 / 760.133
=3.43 %

* 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.


Pan Asia Footwear PCL  (BKK:PAF-F) Gross Profit 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

Pan Asia Footwear PCL had a gross margin of 3.43% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Pan Asia Footwear PCL Gross Profit Related Terms

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Pan Asia Footwear PCL Business Description

Traded in Other Exchanges
Address
620/5 Moo 11, Tambol Nongkharm, Aumphur Siracha, Chonburi, THA, 20230
Pan Asia Footwear PCL operates in the footwear and related accessories segments in Thailand. The group's business activities consist of manufacturing, distributing, and exporting footwear products. The company operates in four segments: Manufacture and distribution of footwear and bags; Manufacture of soles and parts for footwear; Production support business; and Organic farming business and others. Geographically the activities of the group function throughout the region of Thailand. It derives a majority of its revenue from the manufacture and distribution of footwear and bags.

Pan Asia Footwear PCL Headlines

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