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Key Asic Bhd (XKLS:0143) Gross Profit : RM5.17 Mil (TTM As of Aug. 2024)


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What is Key Asic Bhd Gross Profit?

Key Asic Bhd's gross profit for the three months ended in Aug. 2024 was RM1.09 Mil. Key Asic Bhd's gross profit for the trailing twelve months (TTM) ended in Aug. 2024 was RM5.17 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Key Asic Bhd's gross profit for the three months ended in Aug. 2024 was RM1.09 Mil. Key Asic Bhd's Revenue for the three months ended in Aug. 2024 was RM3.78 Mil. Therefore, Key Asic Bhd's Gross Margin % for the quarter that ended in Aug. 2024 was 28.85%.

Key Asic Bhd had a gross margin of 28.85% for the quarter that ended in Aug. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Key Asic Bhd was 49.67%. The lowest was 18.66%. And the median was 24.98%.

Warning Sign:

Key Asic Bhd gross margin has been in long-term decline. The average rate of decline per year is -5.5%.


Key Asic Bhd Gross Profit Historical Data

The historical data trend for Key Asic Bhd'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.

Key Asic Bhd Gross Profit Chart

Key Asic Bhd Annual Data
Trend Dec13 Dec14 Dec15 May18 May19 May20 May21 May22 May23 May24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 3.25 2.87 7.33 4.97

Key Asic Bhd Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.89 2.35 0.77 0.96 1.09

Competitive Comparison of Key Asic Bhd's Gross Profit

For the Semiconductors subindustry, Key Asic Bhd'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.


Key Asic Bhd's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Key Asic Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Key Asic Bhd's Gross Profit falls into.



Key Asic Bhd Gross Profit Calculation

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

Key Asic Bhd's Gross Profit for the fiscal year that ended in May. 2024 is calculated as

Gross Profit (A: May. 2024 )=Revenue - Cost of Goods Sold
=22.928 - 17.956
=4.97

Key Asic Bhd's Gross Profit for the quarter that ended in Aug. 2024 is calculated as

Gross Profit (Q: Aug. 2024 )=Revenue - Cost of Goods Sold
=3.781 - 2.69
=1.09

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM5.17 Mil.

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

Key Asic Bhd's Gross Margin % for the quarter that ended in Aug. 2024 is calculated as

Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.09 / 3.781
=28.85 %

* 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.


Key Asic Bhd  (XKLS:0143) 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

Key Asic Bhd had a gross margin of 28.85% for the quarter that ended in Aug. 2024 => Competition eroding margins


Key Asic Bhd Gross Profit Related Terms

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Key Asic Bhd Business Description

Traded in Other Exchanges
N/A
Address
8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure and intelligent storage networking support. It operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.

Key Asic Bhd Headlines

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