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Sermsuk PCL (BKK:SSC) Gross Margin % : 30.49% (As of Dec. 2023)


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What is Sermsuk PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sermsuk PCL's Gross Profit for the three months ended in Dec. 2023 was ฿916 Mil. Sermsuk PCL's Revenue for the three months ended in Dec. 2023 was ฿3,006 Mil. Therefore, Sermsuk PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 30.49%.


The historical rank and industry rank for Sermsuk PCL's Gross Margin % or its related term are showing as below:

BKK:SSC' s Gross Margin % Range Over the Past 10 Years
Min: 20.75   Med: 27.51   Max: 30.93
Current: 29.09


During the past 13 years, the highest Gross Margin % of Sermsuk PCL was 30.93%. The lowest was 20.75%. And the median was 27.51%.

BKK:SSC's Gross Margin % is ranked worse than
74.31% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 36.72 vs BKK:SSC: 29.09

Sermsuk PCL had a gross margin of 30.49% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sermsuk PCL was 0.70% per year.


Sermsuk PCL Gross Margin % Historical Data

The historical data trend for Sermsuk PCL's Gross Margin % 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.

Sermsuk PCL Gross Margin % Chart

Sermsuk PCL Annual Data
Trend Dec14 Dec15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.37 30.06 30.93 28.26 28.30

Sermsuk PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 27.16 27.73 28.36 29.83 30.49

Competitive Comparison of Sermsuk PCL's Gross Margin %

For the Beverages - Non-Alcoholic subindustry, Sermsuk PCL's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Sermsuk PCL's Gross Margin % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Sermsuk PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sermsuk PCL's Gross Margin % falls into.



Sermsuk PCL Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Sermsuk PCL's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=3501.6 / 12371.033
=(Revenue - Cost of Goods Sold) / Revenue
=(12371.033 - 8869.461) / 12371.033
=28.30 %

Sermsuk PCL's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=916.4 / 3005.837
=(Revenue - Cost of Goods Sold) / Revenue
=(3005.837 - 2089.404) / 3005.837
=30.49 %

* 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.


Sermsuk PCL  (BKK:SSC) Gross Margin % 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

Sermsuk PCL had a gross margin of 30.49% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Sermsuk PCL Gross Margin % Related Terms

Thank you for viewing the detailed overview of Sermsuk PCL's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sermsuk PCL (BKK:SSC) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, 90 CW Tower, 31st - 32nd Floor, Huay Khwang District, Bangkok, THA, 10310
Sermsuk PCL is a Thailand-based refreshment beverage company. It is engaged in the production and distribution of soft drinks and other beverages. The company's operating segments include Carbonated soft drinks and Non-Carbonated soft drinks. The Carbonated soft drink segment produces and distributes soft drinks, sports drinks, and soda. It generates maximum revenue from the Non-Carbonated soft drink segment. The Non-Carbonated soft drink segment produces and distributes drinking water, energy drinks, and other beverages as well as a distributor of tea. Geographically, it operates only in Thailand.

Sermsuk PCL (BKK:SSC) Headlines

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