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Sahamit Machinery PCL (BKK:SMIT) Gross Profit : ฿510 Mil (TTM As of Mar. 2024)


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What is Sahamit Machinery PCL Gross Profit?

Sahamit Machinery PCL's gross profit for the three months ended in Mar. 2024 was ฿131 Mil. Sahamit Machinery PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿510 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sahamit Machinery PCL's gross profit for the three months ended in Mar. 2024 was ฿131 Mil. Sahamit Machinery PCL's Revenue for the three months ended in Mar. 2024 was ฿421 Mil. Therefore, Sahamit Machinery PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 31.20%.

Sahamit Machinery PCL had a gross margin of 31.20% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sahamit Machinery PCL was 34.10%. The lowest was 27.59%. And the median was 30.66%.


Sahamit Machinery PCL Gross Profit Historical Data

The historical data trend for Sahamit Machinery 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.

Sahamit Machinery PCL Gross Profit Chart

Sahamit Machinery 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 619.22 529.89 698.31 663.55 521.14

Sahamit Machinery PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 142.72 132.97 130.34 115.12 131.45

Competitive Comparison of Sahamit Machinery PCL's Gross Profit

For the Steel subindustry, Sahamit Machinery 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.


Sahamit Machinery PCL's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sahamit Machinery PCL's Gross Profit falls into.



Sahamit Machinery PCL Gross Profit Calculation

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

Sahamit Machinery 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
=1617.631 - 1096.492
=521

Sahamit Machinery PCL's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=421.322 - 289.869
=131

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿510 Mil.

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

Sahamit Machinery PCL's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=131 / 421.322
=31.20 %

* 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.


Sahamit Machinery PCL  (BKK:SMIT) 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

Sahamit Machinery PCL had a gross margin of 31.20% for the quarter that ended in Mar. 2024 => Competition eroding margins


Sahamit Machinery PCL Gross Profit Related Terms

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Sahamit Machinery PCL (BKK:SMIT) Business Description

Traded in Other Exchanges
N/A
Address
42, 48 Soi chokchaijongjumroen Rama 3 Road, Bangpongpang, Yannawa, Bangkok, THA, 10120
Sahamit Machinery PCL is a thailand-based company engaged in the distribution of industrial machinery and equipment. It operates in five product groups: special steels, machine tools and tooling, pulp and paper, machinery and equipment for wood processing, and electrical engineering. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others. Steel and Heat treatment include special tool steels, carbonitriding, Annealing, machinery, and carbon steels contribute majority revenue of the firm. Machine tools and tooling products include electrical discharge machine, milling cutters, and inserts for milling. It mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.

Sahamit Machinery PCL (BKK:SMIT) Headlines

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