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Methanol Chemicals Co (SAU:2001) Gross Profit : ﷼28.0 Mil (TTM As of Mar. 2024)


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What is Methanol Chemicals Co Gross Profit?

Methanol Chemicals Co's gross profit for the three months ended in Mar. 2024 was ﷼21.5 Mil. Methanol Chemicals Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼28.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Methanol Chemicals Co's gross profit for the three months ended in Mar. 2024 was ﷼21.5 Mil. Methanol Chemicals Co's Revenue for the three months ended in Mar. 2024 was ﷼183.3 Mil. Therefore, Methanol Chemicals Co's Gross Margin % for the quarter that ended in Mar. 2024 was 11.75%.

Methanol Chemicals Co had a gross margin of 11.75% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Methanol Chemicals Co was 40.92%. The lowest was -28.08%. And the median was 15.38%.


Methanol Chemicals Co Gross Profit Historical Data

The historical data trend for Methanol Chemicals Co'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.

Methanol Chemicals Co Gross Profit Chart

Methanol Chemicals Co 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 59.46 -139.17 413.07 412.19 9.39

Methanol Chemicals Co 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 2.93 29.68 23.46 -46.68 21.53

Competitive Comparison of Methanol Chemicals Co's Gross Profit

For the Chemicals subindustry, Methanol Chemicals Co'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.


Methanol Chemicals Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Methanol Chemicals Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Methanol Chemicals Co's Gross Profit falls into.



Methanol Chemicals Co Gross Profit Calculation

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

Methanol Chemicals Co'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
=727.967 - 718.581
=9.4

Methanol Chemicals Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=183.267 - 161.739
=21.5

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 ﷼28.0 Mil.

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

Methanol Chemicals Co'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
=21.5 / 183.267
=11.75 %

* 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.


Methanol Chemicals Co  (SAU:2001) 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

Methanol Chemicals Co had a gross margin of 11.75% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Methanol Chemicals Co Gross Profit Related Terms

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Methanol Chemicals Co (SAU:2001) Business Description

Traded in Other Exchanges
N/A
Address
Road 218, P.O. Box 2101, Jubail Industrial City, Jubail, SAU, 31951
Methanol Chemicals Co is engaged in the production of Formaldehyde liquid and Urea Formaldehyde liquid or their mixture with different concentrations, Paraformaldehyde, liquid and powder Formaldehyde resins, Hexane Methylene Tetramine, Phenol Formaldehyde resins, concrete improvers, Methanol, Carbon monoxide, Di-methylamine, Monomethylamine, Tri-mon-methylamine, Di-methyl Formamide, Di-methyl carbon, Penta Aritheretol, Sodium Formate and Acetaldehyde.

Methanol Chemicals Co (SAU:2001) Headlines

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