MN Holdings Bhd (XKLS:0245) Gross Margin % : 17.07% (As of Dec. 2023)

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What is MN Holdings Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MN Holdings Bhd's Gross Profit for the three months ended in Dec. 2023 was RM12.8 Mil. MN Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM74.9 Mil. Therefore, MN Holdings Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 17.07%.

Warning Sign:

MN Holdings Bhd gross margin has been in long-term decline. The average rate of decline per year is -6.9%.

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

XKLS:0245' s Gross Margin % Range Over the Past 10 Years
Min: 19.58 Med: 23.65 Max: 30.21
Current: 19.58

During the past 6 years, the highest Gross Margin % of MN Holdings Bhd was 30.21%. The lowest was 19.58%. And the median was 23.65%.

XKLS:0245's Gross Margin % is ranked better than
50.65% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs XKLS:0245: 19.58

MN Holdings Bhd had a gross margin of 17.07% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MN Holdings Bhd was -6.90% per year.

MN Holdings Bhd Gross Margin % Historical Data

The historical data trend for MN Holdings Bhd'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.

MN Holdings Bhd Gross Margin % Chart

MN Holdings Bhd Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

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25.25

25.46

21.75

22.05

20.53

MN Holdings Bhd Quarterly Data
	Jun18	Jun19	Jun20	Jun21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial								19.08	21.46	21.41	19.76	17.07

Competitive Comparison of MN Holdings Bhd's Gross Margin %

For the Engineering & Construction subindustry, MN Holdings Bhd'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.

MN Holdings Bhd's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, MN Holdings Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MN Holdings Bhd's Gross Margin % falls into.

MN Holdings Bhd Gross Margin % Calculation

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

MN Holdings Bhd'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 )
	=	33.8	/	164.453
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(164.453 - 130.687)	/	164.453
	=	20.53 %

MN Holdings Bhd'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 )
	=	12.8	/	74.923
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(74.923 - 62.135)	/	74.923
	=	17.07 %

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.

MN Holdings Bhd (XKLS:0245) 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

MN Holdings Bhd had a gross margin of 17.07% 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.

MN Holdings Bhd Gross Margin % Related Terms

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

MN Holdings Bhd (XKLS:0245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MN Holdings Bhd (XKLS:0245) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650

Website

https://www.mnholdings.com.my

MN Holdings Bhd is principally involved in the provision of infrastructure utility services comprising underground utilities engineering services and solutions; substation engineering services and solutions and Investment holding. It generates maximum revenue from the underground utilities engineering segment, which is engaged in the provision of underground utilities engineering services and solutions. The Substation engineering segment is engaged in the provision of substation engineering services and solutions and trading and supplying.

MN Holdings Bhd (XKLS:0245) Headlines

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