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Tipco Asphalt PCL (BKK:TASCO) Gross Profit : ฿3,100 Mil (TTM As of Dec. 2024)


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What is Tipco Asphalt PCL Gross Profit?

Tipco Asphalt PCL's gross profit for the three months ended in Dec. 2024 was ฿857 Mil. Tipco Asphalt PCL's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ฿3,100 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tipco Asphalt PCL's gross profit for the three months ended in Dec. 2024 was ฿857 Mil. Tipco Asphalt PCL's Revenue for the three months ended in Dec. 2024 was ฿7,764 Mil. Therefore, Tipco Asphalt PCL's Gross Margin % for the quarter that ended in Dec. 2024 was 11.04%.

Tipco Asphalt PCL had a gross margin of 11.04% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tipco Asphalt PCL was 18.21%. The lowest was 9.41%. And the median was 14.89%.

Warning Sign:

Tipco Asphalt PCL gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Tipco Asphalt PCL Gross Profit Historical Data

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL Gross Profit Chart

Tipco Asphalt PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,752.68 4,926.09 5,041.32 4,038.54 3,100.18

Tipco Asphalt PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 614.54 370.67 498.78 1,373.74 857.00

Competitive Comparison of Tipco Asphalt PCL's Gross Profit

For the Building Materials subindustry, Tipco Asphalt 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.


Tipco Asphalt PCL's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tipco Asphalt PCL's Gross Profit falls into.


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Tipco Asphalt PCL Gross Profit Calculation

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

Tipco Asphalt PCL's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=27963.901 - 24863.718
=3,100

Tipco Asphalt PCL's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=7763.872 - 6906.871
=857

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿3,100 Mil.

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

Tipco Asphalt PCL's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=857 / 7763.872
=11.04 %

* 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.


Tipco Asphalt PCL  (BKK:TASCO) 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

Tipco Asphalt PCL had a gross margin of 11.04% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Tipco Asphalt PCL Gross Profit Related Terms

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Tipco Asphalt PCL Business Description

Traded in Other Exchanges
Address
118/1 Rama 6 Road, Phayathai Sub district, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL operates in two segment based on types of products and services. The Group conducts manufacturing and trading of asphalt, petroleum oil products and asphalt concrete in both domestic and overseas markets. Whereas, the marine logistic business complements the manufacturing and trading of asphalt and petroleum oil products. The Group conducts construction service related to highway construction and road rehabilitation in Thailand. The company operates in Thailand and Overseas, majority of its revenue being from Overseas. The company generates majority revenue from Manufacturing and trading segment.

Tipco Asphalt PCL Headlines

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