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PT Electronic City Indonesia Tbk (ISX:ECII) Gross Margin % : 15.84% (As of Mar. 2024)


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What is PT Electronic City Indonesia Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Electronic City Indonesia Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp96,566 Mil. PT Electronic City Indonesia Tbk's Revenue for the three months ended in Mar. 2024 was Rp609,684 Mil. Therefore, PT Electronic City Indonesia Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 15.84%.


The historical rank and industry rank for PT Electronic City Indonesia Tbk's Gross Margin % or its related term are showing as below:

ISX:ECII' s Gross Margin % Range Over the Past 10 Years
Min: 14.82   Med: 16.99   Max: 19.25
Current: 16.22


During the past 12 years, the highest Gross Margin % of PT Electronic City Indonesia Tbk was 19.25%. The lowest was 14.82%. And the median was 16.99%.

ISX:ECII's Gross Margin % is ranked worse than
84.49% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.67 vs ISX:ECII: 16.22

PT Electronic City Indonesia Tbk had a gross margin of 15.84% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Electronic City Indonesia Tbk was 0.70% per year.


PT Electronic City Indonesia Tbk Gross Margin % Historical Data

The historical data trend for PT Electronic City Indonesia Tbk'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.

PT Electronic City Indonesia Tbk Gross Margin % Chart

PT Electronic City Indonesia Tbk 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 17.52 17.18 16.72 17.78 16.79

PT Electronic City Indonesia Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.15 15.78 16.18 16.98 15.84

Competitive Comparison of PT Electronic City Indonesia Tbk's Gross Margin %

For the Specialty Retail subindustry, PT Electronic City Indonesia Tbk'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.


PT Electronic City Indonesia Tbk's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Electronic City Indonesia Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Electronic City Indonesia Tbk's Gross Margin % falls into.



PT Electronic City Indonesia Tbk Gross Margin % Calculation

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

PT Electronic City Indonesia Tbk'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 )
=414633.9 / 2469277.515
=(Revenue - Cost of Goods Sold) / Revenue
=(2469277.515 - 2054643.589) / 2469277.515
=16.79 %

PT Electronic City Indonesia Tbk'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 )
=96565.5 / 609684.164
=(Revenue - Cost of Goods Sold) / Revenue
=(609684.164 - 513118.633) / 609684.164
=15.84 %

* 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.


PT Electronic City Indonesia Tbk  (ISX:ECII) 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

PT Electronic City Indonesia Tbk had a gross margin of 15.84% for the quarter that ended in Mar. 2024 => 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.


PT Electronic City Indonesia Tbk Gross Margin % Related Terms

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


PT Electronic City Indonesia Tbk (ISX:ECII) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav 52-53 Lot 22, Sudirman Central Business District, Jakarta Selatan, Jakarta, IDN, 12190
PT Electronic City Indonesia Tbk is an Indonesia-based electronics retail company. Its segments consist of the Sales of branded electronic goods, the Rent, commissions for the sale of consignment goods, and others. The company's product is divided into four categories which include Audio-Video, Household appliances, Information technology and mobile devices, and Camera and office equipment. It offers services such as home delivery Service, installation, maintenance and repair, warranty extension, insurance, swap scheme, and alternative financing for customers. Additionally, to provide fast delivery it provides services such as EC Express, EC-service contract, and EC 24-hour repair. The firm generates the majority of revenue from Sales of branded electronic goods segment.

PT Electronic City Indonesia Tbk (ISX:ECII) Headlines

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