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Chumporn Palm Oil Industry PCL (BKK:CPI) Gross Margin % : 8.84% (As of Mar. 2024)


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What is Chumporn Palm Oil Industry PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chumporn Palm Oil Industry PCL's Gross Profit for the three months ended in Mar. 2024 was ฿109 Mil. Chumporn Palm Oil Industry PCL's Revenue for the three months ended in Mar. 2024 was ฿1,230 Mil. Therefore, Chumporn Palm Oil Industry PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 8.84%.


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

BKK:CPI' s Gross Margin % Range Over the Past 10 Years
Min: 7.41   Med: 10.07   Max: 14.73
Current: 9.61


During the past 13 years, the highest Gross Margin % of Chumporn Palm Oil Industry PCL was 14.73%. The lowest was 7.41%. And the median was 10.07%.

BKK:CPI's Gross Margin % is ranked worse than
84.21% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 25.21 vs BKK:CPI: 9.61

Chumporn Palm Oil Industry PCL had a gross margin of 8.84% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chumporn Palm Oil Industry PCL was 0.30% per year.


Chumporn Palm Oil Industry PCL Gross Margin % Historical Data

The historical data trend for Chumporn Palm Oil Industry 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.

Chumporn Palm Oil Industry PCL Gross Margin % Chart

Chumporn Palm Oil Industry 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 14.73 13.47 12.07 10.40 10.96

Chumporn Palm Oil Industry 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 14.15 10.34 10.90 8.49 8.84

Competitive Comparison of Chumporn Palm Oil Industry PCL's Gross Margin %

For the Farm Products subindustry, Chumporn Palm Oil Industry 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.


Chumporn Palm Oil Industry PCL's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chumporn Palm Oil Industry PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Chumporn Palm Oil Industry PCL's Gross Margin % falls into.



Chumporn Palm Oil Industry PCL Gross Margin % Calculation

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

Chumporn Palm Oil Industry 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 )
=576 / 5255.241
=(Revenue - Cost of Goods Sold) / Revenue
=(5255.241 - 4679.212) / 5255.241
=10.96 %

Chumporn Palm Oil Industry 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 )
=108.8 / 1230.219
=(Revenue - Cost of Goods Sold) / Revenue
=(1230.219 - 1121.408) / 1230.219
=8.84 %

* 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.


Chumporn Palm Oil Industry PCL  (BKK:CPI) 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

Chumporn Palm Oil Industry PCL had a gross margin of 8.84% 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.


Chumporn Palm Oil Industry PCL Gross Margin % Related Terms

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


Chumporn Palm Oil Industry PCL (BKK:CPI) Business Description

Traded in Other Exchanges
N/A
Address
No. 296 Moo 2, Phetchkasem Road, Tambon Salui, Ampur Tasae, Salui Sub-District, Thasae District, Chumporn, THA, 86140
Chumporn Palm Oil Industry PCL is principally engaged in the manufacturing and distribution of palm oil products. The company produces and distributes palm oil products to consumer markets. The products include Crude palm oil, Crude palm kernel oil, Refined bleached deodorized palm oil, and Cooking oil packed in polyethylene terephthalate (PET) bottle. The business operates in segments that include Palm Oil products, Palm seeds, palm sprouts and coconut sprouts, and Electricity. The Palm Oil Product segment generates the maximum revenue for the company. The organization has a business presence in Singapore and other countries. It generates key revenue from Thailand.

Chumporn Palm Oil Industry PCL (BKK:CPI) Headlines