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CBL International (CBL International) Gross Margin % : 1.31% (As of Dec. 2023)


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What is CBL International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CBL International's Gross Profit for the six months ended in Dec. 2023 was $3.2 Mil. CBL International's Revenue for the six months ended in Dec. 2023 was $243.9 Mil. Therefore, CBL International's Gross Margin % for the quarter that ended in Dec. 2023 was 1.31%.


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

BANL' s Gross Margin % Range Over the Past 10 Years
Min: 1.65   Med: 2.15   Max: 2.65
Current: 1.65


During the past 4 years, the highest Gross Margin % of CBL International was 2.65%. The lowest was 1.65%. And the median was 2.15%.

BANL's Gross Margin % is ranked worse than
92.14% of 929 companies
in the Oil & Gas industry
Industry Median: 27.83 vs BANL: 1.65

CBL International had a gross margin of 1.31% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CBL International was 0.00% per year.


CBL International Gross Margin % Historical Data

The historical data trend for CBL International'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.

CBL International Gross Margin % Chart

CBL International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
2.65 2.32 1.97 1.65

CBL International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial 2.71 1.72 2.24 2.09 1.31

Competitive Comparison of CBL International's Gross Margin %

For the Oil & Gas Midstream subindustry, CBL International'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.


CBL International's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CBL International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CBL International's Gross Margin % falls into.



CBL International Gross Margin % Calculation

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

CBL International'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 )
=7.2 / 435.898
=(Revenue - Cost of Goods Sold) / Revenue
=(435.898 - 428.687) / 435.898
=1.65 %

CBL International'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 )
=3.2 / 243.942
=(Revenue - Cost of Goods Sold) / Revenue
=(243.942 - 240.737) / 243.942
=1.31 %

* 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.


CBL International  (NAS:BANL) 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

CBL International had a gross margin of 1.31% 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.


CBL International Gross Margin % Related Terms

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CBL International (CBL International) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Jalan Pinang, Suite 19-9-6, Level 9, UOA Centre, Kuala Lumpur, SGR, MYS, 50450
CBL International ltd is a marine fuel logistics company providing a one-stop solution for vessel refueling. It purchases marine fuel from its suppliers and arranges for its suppliers to actually deliver marine fuel to its customers. The company derives a majority of its revenue from China followed by Hong Kong and Malaysia.
Executives
Logeswaran Ramasamy director 95 JALAN TAMING INDAH 2, TAMAN TAMING INDAH, BANDAR SUNGAI LONG, 43000 KAJANG N8 68100
Kam Choy Ho director, 10 percent owner FLAT 2, 22/F, BLOCK 46, HENG FA CHUEN, CHAI WAN K3 0000
Ulf Lothar Naujeck director NYSWANDERWEG 13, HAMBURG 2M 22523
Chiu Sing Chung Raymond officer: Chief Financial Officer ROOM 2101, 21/F, PRINCESS MANSION, 165 KING'S ROAD, NORTH POINT K3 0000
Cbl (asia) Ltd 10 percent owner ROOM 1213, 12/F, TOWER A, HUNGHOM COMMERCIAL CENTRE, 39 MA TAU WAI ROAD, HUNGHOM K3 0000
Teck Lim Chia director, 10 percent owner, officer: Chief Executive Officer FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000
Straits Energy Resources Berhad 10 percent owner B-07-06, PLAZA MONT KIARA, 2, JALAN KIARA, MONT KIARA, 50480 KUALA LUMPUR N8 50480
Khai Fei Wong director 33, LRG 14/2, SEKSYEN 14, PETALING JAYA N8 46100
Koon Liang Ong director 1-3-6, SEGAR VIEW CONDOMINIUM, JLN 5/100A, TMN SEGAR, WILAYAH PERSEKUTUAN N8 56100
Cheah Karen Yee Lynn director 17D-1-2, CASAVISTA CONDOMINIUM, JALAN PENAGA, BANGSAR, KUALA LUMPUR N8 59000
Xiaoling Lu 10 percent owner FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000