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Coraza Integrated Technology Bhd (XKLS:0240) Gross Profit : RM7.48 Mil (TTM As of Mar. 2024)


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What is Coraza Integrated Technology Bhd Gross Profit?

Coraza Integrated Technology Bhd's gross profit for the three months ended in Mar. 2024 was RM1.95 Mil. Coraza Integrated Technology Bhd's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was RM7.48 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Coraza Integrated Technology Bhd's gross profit for the three months ended in Mar. 2024 was RM1.95 Mil. Coraza Integrated Technology Bhd's Revenue for the three months ended in Mar. 2024 was RM19.75 Mil. Therefore, Coraza Integrated Technology Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 9.89%.

Coraza Integrated Technology Bhd had a gross margin of 9.89% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Coraza Integrated Technology Bhd was 28.59%. The lowest was 10.38%. And the median was 25.30%.

Warning Sign:

Coraza Integrated Technology Bhd gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


Coraza Integrated Technology Bhd Gross Profit Historical Data

The historical data trend for Coraza Integrated Technology 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.

Coraza Integrated Technology Bhd Gross Profit Chart

Coraza Integrated Technology Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 14.72 21.32 30.35 37.43 11.95

Coraza Integrated Technology Bhd Quarterly Data
Dec18 Dec19 Jun20 Dec20 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 6.42 3.29 0.94 1.29 1.95

Competitive Comparison of Coraza Integrated Technology Bhd's Gross Profit

For the Metal Fabrication subindustry, Coraza Integrated Technology 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.


Coraza Integrated Technology Bhd's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Coraza Integrated Technology Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Coraza Integrated Technology Bhd's Gross Profit falls into.



Coraza Integrated Technology Bhd Gross Profit Calculation

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

Coraza Integrated Technology Bhd'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
=80.679 - 68.731
=11.95

Coraza Integrated Technology Bhd's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=19.754 - 17.801
=1.95

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 RM7.48 Mil.

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

Coraza Integrated Technology Bhd'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
=1.95 / 19.754
=9.89 %

* 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.


Coraza Integrated Technology Bhd  (XKLS:0240) 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

Coraza Integrated Technology Bhd had a gross margin of 9.89% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Coraza Integrated Technology Bhd Gross Profit Related Terms

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Coraza Integrated Technology Bhd (XKLS:0240) Business Description

Traded in Other Exchanges
N/A
Address
Kawasan Industri Bukit Panchor, Lot 2777, Lorong Industri 5, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300
Coraza Integrated Technology Bhd is principally involved in the fabrication of sheet metal and precision machined components, as well as the provision of related services, such as design and development and value-added sub-module assembly services. The company support customers in various industries including semiconductor, instrumentation, life science and medical devices, telecommunications, aerospace, and others.

Coraza Integrated Technology Bhd (XKLS:0240) Headlines

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