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TOA Paint (Thailand) PCL (BKK:TOA) Gross Profit : ฿7,619 Mil (TTM As of Mar. 2024)


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What is TOA Paint (Thailand) PCL Gross Profit?

TOA Paint (Thailand) PCL's gross profit for the three months ended in Mar. 2024 was ฿1,944 Mil. TOA Paint (Thailand) PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿7,619 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TOA Paint (Thailand) PCL's gross profit for the three months ended in Mar. 2024 was ฿1,944 Mil. TOA Paint (Thailand) PCL's Revenue for the three months ended in Mar. 2024 was ฿5,428 Mil. Therefore, TOA Paint (Thailand) PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 35.81%.

TOA Paint (Thailand) PCL had a gross margin of 35.81% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of TOA Paint (Thailand) PCL was 38.93%. The lowest was 29.07%. And the median was 34.59%.

Warning Sign:

TOA Paint (Thailand) PCL gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


TOA Paint (Thailand) PCL Gross Profit Historical Data

The historical data trend for TOA Paint (Thailand) 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.

TOA Paint (Thailand) PCL Gross Profit Chart

TOA Paint (Thailand) PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 5,952.16 6,009.13 5,747.12 6,003.27 7,533.42

TOA Paint (Thailand) 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 1,858.50 1,884.73 1,819.12 1,971.07 1,943.78

Competitive Comparison of TOA Paint (Thailand) PCL's Gross Profit

For the Specialty Chemicals subindustry, TOA Paint (Thailand) 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.


TOA Paint (Thailand) PCL's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOA Paint (Thailand) PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where TOA Paint (Thailand) PCL's Gross Profit falls into.



TOA Paint (Thailand) PCL Gross Profit Calculation

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

TOA Paint (Thailand) 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
=22237.83 - 14704.412
=7,533

TOA Paint (Thailand) 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
=5427.732 - 3483.948
=1,944

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 ฿7,619 Mil.

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

TOA Paint (Thailand) 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
=1,944 / 5427.732
=35.81 %

* 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.


TOA Paint (Thailand) PCL  (BKK:TOA) 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

TOA Paint (Thailand) PCL had a gross margin of 35.81% for the quarter that ended in Mar. 2024 => Competition eroding margins


TOA Paint (Thailand) PCL Gross Profit Related Terms

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TOA Paint (Thailand) PCL (BKK:TOA) Business Description

Traded in Other Exchanges
N/A
Address
Bangna-Trad Road, 31/2 Moo 3, Tumbol Bangsaotong, Amphur Bangsaotong, Samutprakarn, THA, 10570
TOA Paint (Thailand) PCL is principally engaged in the manufacture and distribution of paints and chemicals. Its product types are decorative coatings, wood coatings, construction chemicals, heavy-duty coatings, special paint, and hardware and power tools. It generates a majority of its revenue from Thailand.

TOA Paint (Thailand) PCL (BKK:TOA) Headlines

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