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ATP30 PCL (BKK:ATP30) Gross Margin % : 19.85% (As of Mar. 2024)


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What is ATP30 PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ATP30 PCL's Gross Profit for the three months ended in Mar. 2024 was ฿35.1 Mil. ATP30 PCL's Revenue for the three months ended in Mar. 2024 was ฿177.0 Mil. Therefore, ATP30 PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 19.85%.

Warning Sign:

ATP30 PCL gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


The historical rank and industry rank for ATP30 PCL's Gross Margin % or its related term are showing as below:

BKK:ATP30' s Gross Margin % Range Over the Past 10 Years
Min: 17.38   Med: 22.45   Max: 25.69
Current: 18.69


During the past 10 years, the highest Gross Margin % of ATP30 PCL was 25.69%. The lowest was 17.38%. And the median was 22.45%.

BKK:ATP30's Gross Margin % is ranked worse than
53.69% of 948 companies
in the Transportation industry
Industry Median: 20.01 vs BKK:ATP30: 18.69

ATP30 PCL had a gross margin of 19.85% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ATP30 PCL was -8.60% per year.


ATP30 PCL Gross Margin % Historical Data

The historical data trend for ATP30 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.

ATP30 PCL Gross Margin % Chart

ATP30 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 25.69 22.53 20.52 17.38 17.50

ATP30 PCL 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 15.15 16.68 18.99 19.06 19.85

Competitive Comparison of ATP30 PCL's Gross Margin %

For the Railroads subindustry, ATP30 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.


ATP30 PCL's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ATP30 PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ATP30 PCL's Gross Margin % falls into.



ATP30 PCL Gross Margin % Calculation

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

ATP30 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 )
=117.1 / 669.203
=(Revenue - Cost of Goods Sold) / Revenue
=(669.203 - 552.096) / 669.203
=17.50 %

ATP30 PCL'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 )
=35.1 / 176.993
=(Revenue - Cost of Goods Sold) / Revenue
=(176.993 - 141.868) / 176.993
=19.85 %

* 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.


ATP30 PCL  (BKK:ATP30) 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

ATP30 PCL had a gross margin of 19.85% 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.


ATP30 PCL Gross Margin % Related Terms

Thank you for viewing the detailed overview of ATP30 PCL's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


ATP30 PCL (BKK:ATP30) Business Description

Traded in Other Exchanges
N/A
Address
9/30 Moo 9, T. Bangnang, A. Panthong, Chonburi, THA, 20160
ATP30 PCL is principally engaged in the business of providing bus transport services. The transportation service vehicles of the company are the bus, minibus, microbus, VIP bus, and van. The group provides transportation services for employees of diverse industries between their homes and industrial estates. The company provides two types of services which are served by bus and service by car. The operations of the company are carried out entirely in Thailand.

ATP30 PCL (BKK:ATP30) Headlines

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