Navana CNG (DHA:NAVANACNG) Gross Margin % : 22.18% (As of Dec. 2023)

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What is Navana CNG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Navana CNG's Gross Profit for the three months ended in Dec. 2023 was BDT218 Mil. Navana CNG's Revenue for the three months ended in Dec. 2023 was BDT985 Mil. Therefore, Navana CNG's Gross Margin % for the quarter that ended in Dec. 2023 was 22.18%.

Warning Sign:

Navana CNG Ltd gross margin has been in long-term decline. The average rate of decline per year is -4%.

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

DHA:NAVANACNG' s Gross Margin % Range Over the Past 10 Years
Min: 19.4 Med: 23.61 Max: 34.25
Current: 19.76

During the past 13 years, the highest Gross Margin % of Navana CNG was 34.25%. The lowest was 19.40%. And the median was 23.61%.

DHA:NAVANACNG's Gross Margin % is ranked worse than
66% of 503 companies
in the Utilities - Regulated industry
Industry Median: 28.6 vs DHA:NAVANACNG: 19.76

Navana CNG had a gross margin of 22.18% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Navana CNG was -4.00% per year.

Navana CNG Gross Margin % Historical Data

The historical data trend for Navana CNG'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.

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Navana CNG Gross Margin % Chart

Navana CNG Annual Data

Trend

Mar13

Mar14

Mar15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

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21.82

20.95

19.40

20.40

20.11

Navana CNG 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															22.55	21.96	11.36	21.63	22.18

Competitive Comparison of Navana CNG's Gross Margin %

For the Utilities - Regulated Gas subindustry, Navana CNG'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.

Navana CNG's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Navana CNG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Navana CNG's Gross Margin % falls into.

Navana CNG Gross Margin % Calculation

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

Navana CNG's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	823.5	/	4094.196
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4094.196 - 3270.688)	/	4094.196
	=	20.11 %

Navana CNG'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 )
	=	218.4	/	984.553
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(984.553 - 766.174)	/	984.553
	=	22.18 %

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.

Navana CNG (DHA:NAVANACNG) 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

Navana CNG had a gross margin of 22.18% 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.

Navana CNG Gross Margin % Related Terms

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Navana CNG (DHA:NAVANACNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Navana CNG Ltd (DHA:NAVANACNG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

https://www.navanacng.com

Navana CNG Ltd is engaged in converting petrol and diesel-driven vehicles to compressed natural gas (CNG) driven vehicles, CNG refueling stations, and other related services. The company also focuses on re-testing facilities, package maintenance programs, and manufacturing polymer, plastic, polyethylene, and tubes. Its operating segment includes a Conversion Workshop and CNG & LPG Station. The company generates maximum revenue from the CNG Station segment.

Navana CNG (DHA:NAVANACNG) Headlines

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