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Asia Precision PCL (BKK:APCS) Gross Margin % : 14.77% (As of Dec. 2023)


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What is Asia Precision PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Asia Precision PCL's Gross Profit for the three months ended in Dec. 2023 was ฿64 Mil. Asia Precision PCL's Revenue for the three months ended in Dec. 2023 was ฿434 Mil. Therefore, Asia Precision PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 14.77%.


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

BKK:APCS' s Gross Margin % Range Over the Past 10 Years
Min: -3.87   Med: 13.13   Max: 22.62
Current: 7.11


During the past 13 years, the highest Gross Margin % of Asia Precision PCL was 22.62%. The lowest was -3.87%. And the median was 13.13%.

BKK:APCS's Gross Margin % is ranked worse than
92.78% of 2937 companies
in the Industrial Products industry
Industry Median: 26.39 vs BKK:APCS: 7.11

Asia Precision PCL had a gross margin of 14.77% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asia Precision PCL was 0.00% per year.


Asia Precision PCL Gross Margin % Historical Data

The historical data trend for Asia Precision 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.

Asia Precision PCL Gross Margin % Chart

Asia Precision PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.95 13.53 12.72 -3.87 7.11

Asia Precision 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 101.54 -0.62 10.89 2.13 14.77

Competitive Comparison of Asia Precision PCL's Gross Margin %

For the Metal Fabrication subindustry, Asia Precision 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.


Asia Precision PCL's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Precision PCL's Gross Margin % distribution charts can be found below:

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



Asia Precision PCL Gross Margin % Calculation

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

Asia Precision 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 )
=107.1 / 1505.331
=(Revenue - Cost of Goods Sold) / Revenue
=(1505.331 - 1398.271) / 1505.331
=7.11 %

Asia Precision 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 )
=64.1 / 433.756
=(Revenue - Cost of Goods Sold) / Revenue
=(433.756 - 369.702) / 433.756
=14.77 %

* 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.


Asia Precision PCL  (BKK:APCS) 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

Asia Precision PCL had a gross margin of 14.77% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


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.


Asia Precision PCL Gross Margin % Related Terms

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


Asia Precision PCL (BKK:APCS) Business Description

Traded in Other Exchanges
N/A
Address
Amata Nakorn Industrial Estate, 700/331 Moo 6, Tambol Donhualor, Muang Chonburi, Chonburi, THA, 20000
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, High Precision Part and Component, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand and Vietnam, of which prime revenue is earned in Thailand.

Asia Precision PCL (BKK:APCS) Headlines

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