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Aco Group Bhd (XKLS:0218) Gross Profit : RM21.3 Mil (TTM As of Aug. 2024)


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What is Aco Group Bhd Gross Profit?

Aco Group Bhd's gross profit for the three months ended in Aug. 2024 was RM5.5 Mil. Aco Group Bhd's gross profit for the trailing twelve months (TTM) ended in Aug. 2024 was RM21.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aco Group Bhd's gross profit for the three months ended in Aug. 2024 was RM5.5 Mil. Aco Group Bhd's Revenue for the three months ended in Aug. 2024 was RM37.8 Mil. Therefore, Aco Group Bhd's Gross Margin % for the quarter that ended in Aug. 2024 was 14.57%.

Aco Group Bhd had a gross margin of 14.57% for the quarter that ended in Aug. 2024 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Aco Group Bhd was 19.34%. The lowest was 13.93%. And the median was 15.89%.

Warning Sign:

Aco Group Bhd gross margin has been in long-term decline. The average rate of decline per year is -5.2%.


Aco Group Bhd Gross Profit Historical Data

The historical data trend for Aco Group 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.

Aco Group Bhd Gross Profit Chart

Aco Group Bhd Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross Profit
Get a 7-Day Free Trial 25.97 18.75 19.91 18.66 19.14

Aco Group 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 4.97 4.97 4.89 5.93 5.51

Competitive Comparison of Aco Group Bhd's Gross Profit

For the Electronics & Computer Distribution subindustry, Aco Group 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.


Aco Group Bhd's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aco Group Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Aco Group Bhd's Gross Profit falls into.



Aco Group Bhd Gross Profit Calculation

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

Aco Group Bhd's Gross Profit for the fiscal year that ended in Feb. 2024 is calculated as

Gross Profit (A: Feb. 2024 )=Revenue - Cost of Goods Sold
=137.409 - 118.265
=19.1

Aco Group 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
=37.802 - 32.296
=5.5

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 RM21.3 Mil.

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

Aco Group 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
=5.5 / 37.802
=14.57 %

* 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.


Aco Group Bhd  (XKLS:0218) 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

Aco Group Bhd had a gross margin of 14.57% for the quarter that ended in Aug. 2024 => No sustainable competitive advantage


Aco Group Bhd Gross Profit Related Terms

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Aco Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Kawasan Perindustrian Tebrau 4, PLO 264, No. 14, Jalan Firma 3, Johor Darul Takzim, Johor Bahru, SGR, MYS, 81100
Aco Group Bhd is a distributor of electrical products and accessories in Malaysia. The company's products and accessories include cables, wires and accessories, electrical distribution, protection, and control devices, and electrical appliances and accessories. Its other products include water plumbing materials, power tools, and accessories as well as CCTV and alarm systems, solar-related products, and EV charger-related products. The company derives the majority of its revenue from Malaysia.

Aco Group Bhd Headlines

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