Begistics PCL (BKK:B) Gross Margin % : 27.04% (As of Mar. 2024)

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What is Begistics PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Begistics PCL's Gross Profit for the three months ended in Mar. 2024 was ฿28.1 Mil. Begistics PCL's Revenue for the three months ended in Mar. 2024 was ฿104.0 Mil. Therefore, Begistics PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 27.04%.

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

BKK:B' s Gross Margin % Range Over the Past 10 Years
Min: -149.41 Med: 5.52 Max: 33.27
Current: 33.27

During the past 13 years, the highest Gross Margin % of Begistics PCL was 33.27%. The lowest was -149.41%. And the median was 5.52%.

BKK:B's Gross Margin % is ranked better than
75.71% of 947 companies
in the Transportation industry
Industry Median: 20.12 vs BKK:B: 33.27

Begistics PCL had a gross margin of 27.04% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Begistics PCL was 57.80% per year.

Begistics PCL Gross Margin % Historical Data

The historical data trend for Begistics 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.

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Begistics PCL Gross Margin % Chart

Begistics PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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8.90

9.65

18.04

15.91

32.42

Begistics 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															5.43	43.71	26.69	32.39	27.04

Competitive Comparison of Begistics PCL's Gross Margin %

For the Marine Shipping subindustry, Begistics 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.

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

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

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

Begistics PCL Gross Margin % Calculation

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

Begistics 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 )
	=	223.2	/	688.425
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(688.425 - 465.246)	/	688.425
	=	32.42 %

Begistics 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 )
	=	28.1	/	103.968
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(103.968 - 75.858)	/	103.968
	=	27.04 %

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.

Begistics PCL (BKK:B) 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

Begistics PCL had a gross margin of 27.04% for the quarter that ended in Mar. 2024 => Competition eroding margins

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.

Begistics PCL Gross Margin % Related Terms

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Begistics PCL (BKK:B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Begistics PCL (BKK:B) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Silom Road, 52 Thaniya Plaza Building, 28th Floor, Suriyawong Subdistrict, Bangrak, Bangkok, THA, 10500

Website

https://www.begistics.co.th

Begistics PCL is a complete logistics service provider in Thailand. It operates a port in Bangpakong which includes a container depot, warehousing, a wharf, and other related services. Other services of the company include transportation, stevedoring, and truck dealership. The business of the company operates in segments that include Operation a wharf & warehouse, Operated transportation, and Operated logistics service. In terms of revenue, the Operated Transportation segment generates maximum income for the company.