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STC Concrete Product (BKK:STC) Gross Profit : ฿142.3 Mil (TTM As of Sep. 2024)


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What is STC Concrete Product Gross Profit?

STC Concrete Product's gross profit for the three months ended in Sep. 2024 was ฿45.7 Mil. STC Concrete Product's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ฿142.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. STC Concrete Product's gross profit for the three months ended in Sep. 2024 was ฿45.7 Mil. STC Concrete Product's Revenue for the three months ended in Sep. 2024 was ฿159.7 Mil. Therefore, STC Concrete Product's Gross Margin % for the quarter that ended in Sep. 2024 was 28.63%.

STC Concrete Product had a gross margin of 28.63% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of STC Concrete Product was 31.86%. The lowest was 25.55%. And the median was 26.28%.

Warning Sign:

STC Concrete Product PLC gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


STC Concrete Product Gross Profit Historical Data

The historical data trend for STC Concrete Product'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.

STC Concrete Product Gross Profit Chart

STC Concrete Product Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 133.98 116.92 109.51 113.71 138.52

STC Concrete Product Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 36.32 31.66 29.68 35.18 45.74

Competitive Comparison of STC Concrete Product's Gross Profit

For the Building Materials subindustry, STC Concrete Product'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.


STC Concrete Product's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, STC Concrete Product's Gross Profit distribution charts can be found below:

* The bar in red indicates where STC Concrete Product's Gross Profit falls into.



STC Concrete Product Gross Profit Calculation

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

STC Concrete Product'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
=535.458 - 396.943
=138.5

STC Concrete Product's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=159.741 - 114.002
=45.7

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿142.3 Mil.

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

STC Concrete Product'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=45.7 / 159.741
=28.63 %

* 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.


STC Concrete Product  (BKK:STC) 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

STC Concrete Product had a gross margin of 28.63% for the quarter that ended in Sep. 2024 => Competition eroding margins


STC Concrete Product Gross Profit Related Terms

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STC Concrete Product Business Description

Traded in Other Exchanges
Address
220/26 Moo 6, Sukhumvit Road, Nakluea Subdistrict, Banglamung District, Chonburi Province, Pattaya, THA, 20150
STC Concrete Product PLC is engaged in the production and distribution of precast concrete products under the trademark STC CONCRETE. Its products portfolio includes ready mixed concrete, concrete drainage pipes, precast concrete slabs, prestressed concrete pile, lightweight gray brick block, and prefabricated fence panels. The company operates in only one reportable segment that is manufacture and sales of ready-mixed concrete and aggregate and the single geographical area of its operations in Thailand.