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Symphony Communication PCL (BKK:SYMC-R) Gross Margin %

: 35.23% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Symphony Communication PCL's Gross Profit for the three months ended in Dec. 2023 was ฿178 Mil. Symphony Communication PCL's Revenue for the three months ended in Dec. 2023 was ฿506 Mil. Therefore, Symphony Communication PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 35.23%.


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

BKK:SYMC-R' s Gross Margin % Range Over the Past 10 Years
Min: 32.92   Med: 35.15   Max: 45.08
Current: 34.4


During the past 13 years, the highest Gross Margin % of Symphony Communication PCL was 45.08%. The lowest was 32.92%. And the median was 35.15%.

BKK:SYMC-R's Gross Margin % is ranked worse than
68.84% of 353 companies
in the Telecommunication Services industry
Industry Median: 48.92 vs BKK:SYMC-R: 34.40

Symphony Communication PCL had a gross margin of 35.23% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Symphony Communication PCL was 0.60% per year.


Symphony Communication PCL Gross Margin % Historical Data

The historical data trend for Symphony Communication 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.

Symphony Communication PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.92 35.55 34.57 36.12 34.40

Symphony Communication 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 % 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 Premium Member Only Premium Member Only Premium Member Only 37.35 34.87 34.81 32.68 35.23

Competitive Comparison

For the Telecom Services subindustry, Symphony Communication 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.


Symphony Communication PCL Gross Margin % Distribution

For the Telecommunication Services industry and Communication Services sector, Symphony Communication PCL's Gross Margin % distribution charts can be found below:

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



Symphony Communication PCL Gross Margin % Calculation

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

Symphony Communication PCL's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=667.6 / 1940.607
=(Revenue - Cost of Goods Sold) / Revenue
=(1940.607 - 1273.045) / 1940.607
=34.40 %

Symphony Communication 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 )
=178.1 / 505.661
=(Revenue - Cost of Goods Sold) / Revenue
=(505.661 - 327.525) / 505.661
=35.23 %

* 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.


Symphony Communication PCL  (BKK:SYMC-R) 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

Symphony Communication PCL had a gross margin of 35.23% 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.


Symphony Communication PCL Gross Margin % Related Terms

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Symphony Communication PCL (BKK:SYMC-R) Business Description

Traded in Other Exchanges
Address
Vibhavadee Rangsit Road, 123 Suntowers Building B, 35th-36th Floor, Chomphon, Chatuchak, Bangkok, THA, 10900
Symphony Communication PCL is engaged in the provision of communication high-speed circuit services. The company has been granted licenses from the National Broadcasting and Telecommunications Commission (NBTC) to provide telecommunication services. It includes Telecom Operation License Type 1, Telecom Operation License Type 2, and Telecom Operation License Type 3. The company's products and service lines include connectivity service, network equipment, installation of network equipment, and maintenance service of network equipment of which key revenue is derived from the connectivity service.

Symphony Communication PCL (BKK:SYMC-R) Headlines

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