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CK Power PCL (BKK:CKP) Gross Margin % : 29.68% (As of Dec. 2023)


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What is CK Power PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CK Power PCL's Gross Profit for the three months ended in Dec. 2023 was ฿857 Mil. CK Power PCL's Revenue for the three months ended in Dec. 2023 was ฿2,889 Mil. Therefore, CK Power PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 29.68%.

Warning Sign:

CK Power PCL gross margin has been in long-term decline. The average rate of decline per year is -5.7%.


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

BKK:CKP' s Gross Margin % Range Over the Past 10 Years
Min: 10.53   Med: 27.99   Max: 34.61
Current: 20.66


During the past 13 years, the highest Gross Margin % of CK Power PCL was 34.61%. The lowest was 10.53%. And the median was 27.99%.

BKK:CKP's Gross Margin % is ranked worse than
71.03% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.58 vs BKK:CKP: 20.66

CK Power PCL had a gross margin of 29.68% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CK Power PCL was -5.70% per year.


CK Power PCL Gross Margin % Historical Data

The historical data trend for CK Power 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.

CK Power PCL Gross Margin % Chart

CK Power 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 21.49 10.53 25.89 16.76 20.66

CK Power PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.26 13.95 12.79 24.58 29.68

Competitive Comparison of CK Power PCL's Gross Margin %

For the Utilities - Independent Power Producers subindustry, CK Power 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.


CK Power PCL's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CK Power PCL's Gross Margin % distribution charts can be found below:

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



CK Power PCL Gross Margin % Calculation

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

CK Power 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 )
=2125 / 10285.744
=(Revenue - Cost of Goods Sold) / Revenue
=(10285.744 - 8160.755) / 10285.744
=20.66 %

CK Power PCL'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 )
=857.2 / 2888.684
=(Revenue - Cost of Goods Sold) / Revenue
=(2888.684 - 2031.451) / 2888.684
=29.68 %

* 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.


CK Power PCL  (BKK:CKP) 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

CK Power PCL had a gross margin of 29.68% for the quarter that ended in Dec. 2023 => 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.


CK Power PCL Gross Margin % Related Terms

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


CK Power PCL (BKK:CKP) Business Description

Traded in Other Exchanges
N/A
Address
Sutthisarn Road, No. 587 Viriyathavorn Building, 19th Floor, Kwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CK Power PCL is a Thai electric utility company. The company's operating segment includes Generation of electricity from hydroelectric power, Generation of electricity from solar power and Generation of electricity from thermal power. It generates maximum revenue from the Generation of electricity from the thermal power segment.