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Kronologi Asia Bhd (XKLS:0176) Gross Profit : RM63.1 Mil (TTM As of Oct. 2023)


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What is Kronologi Asia Bhd Gross Profit?

Kronologi Asia Bhd's gross profit for the three months ended in Oct. 2023 was RM16.0 Mil. Kronologi Asia Bhd's gross profit for the trailing twelve months (TTM) ended in Oct. 2023 was RM63.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kronologi Asia Bhd's gross profit for the three months ended in Oct. 2023 was RM16.0 Mil. Kronologi Asia Bhd's Revenue for the three months ended in Oct. 2023 was RM67.7 Mil. Therefore, Kronologi Asia Bhd's Gross Margin % for the quarter that ended in Oct. 2023 was 23.59%.

Kronologi Asia Bhd had a gross margin of 23.59% for the quarter that ended in Oct. 2023 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Kronologi Asia Bhd was 26.98%. The lowest was 15.49%. And the median was 22.04%.

Warning Sign:

Kronologi Asia Bhd gross margin has been in long-term decline. The average rate of decline per year is -4.8%.


Kronologi Asia Bhd Gross Profit Historical Data

The historical data trend for Kronologi Asia 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.

Kronologi Asia Bhd Gross Profit Chart

Kronologi Asia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jan22 Jan23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 40.27 48.74 41.13 63.13 61.57

Kronologi Asia Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 22.37 10.88 15.30 20.97 15.98

Competitive Comparison of Kronologi Asia Bhd's Gross Profit

For the Software - Application subindustry, Kronologi Asia 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.


Kronologi Asia Bhd's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Kronologi Asia Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kronologi Asia Bhd's Gross Profit falls into.



Kronologi Asia Bhd Gross Profit Calculation

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

Kronologi Asia Bhd's Gross Profit for the fiscal year that ended in Jan. 2023 is calculated as

Gross Profit (A: Jan. 2023 )=Revenue - Cost of Goods Sold
=314.238 - 252.668
=61.6

Kronologi Asia Bhd's Gross Profit for the quarter that ended in Oct. 2023 is calculated as

Gross Profit (Q: Oct. 2023 )=Revenue - Cost of Goods Sold
=67.745 - 51.762
=16.0

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM63.1 Mil.

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

Kronologi Asia Bhd's Gross Margin % for the quarter that ended in Oct. 2023 is calculated as

Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=16.0 / 67.745
=23.59 %

* 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.


Kronologi Asia Bhd  (XKLS:0176) 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

Kronologi Asia Bhd had a gross margin of 23.59% for the quarter that ended in Oct. 2023 => Competition eroding margins


Kronologi Asia Bhd Gross Profit Related Terms

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Kronologi Asia Bhd (XKLS:0176) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Jalan Stesen Sentral 5, Level 28-D, Axiata Tower, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Kronologi Asia Bhd is engaged in provision of Enterprise Data Management Infrastructure Technology (EDM IT) and Cloud and Hybrid As-a-Service (AAS). The company's segments include EDM Infrastructure Technology; EDM Managed Services; and Investment holding and others. It derives majority of the revenue from the EDM Infrastructure Technology segment that provides EDM infrastructure technology which comprises both hardware and software. EDM hardware refers to computer component used to record, store and retain digital data while EDM software supports the process of data backup, storage, recovery and restoration. Geographically it operates in Philippines, Singapore, China, Hong Kong and Taiwan, India, Malaysia, and Others.

Kronologi Asia Bhd (XKLS:0176) Headlines

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