GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Halcyon Technology PCL (BKK:HTECH) » Definitions » Gross Margin %

Halcyon Technology PCL (BKK:HTECH) Gross Margin % : 34.25% (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Halcyon Technology PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Halcyon Technology PCL's Gross Profit for the three months ended in Mar. 2024 was ฿96 Mil. Halcyon Technology PCL's Revenue for the three months ended in Mar. 2024 was ฿282 Mil. Therefore, Halcyon Technology PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 34.25%.

Warning Sign:

Halcyon Technology PCL gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

BKK:HTECH' s Gross Margin % Range Over the Past 10 Years
Min: 30.82   Med: 35.13   Max: 41.05
Current: 31.97


During the past 13 years, the highest Gross Margin % of Halcyon Technology PCL was 41.05%. The lowest was 30.82%. And the median was 35.13%.

BKK:HTECH's Gross Margin % is ranked better than
64.45% of 2945 companies
in the Industrial Products industry
Industry Median: 26.55 vs BKK:HTECH: 31.97

Halcyon Technology PCL had a gross margin of 34.25% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Halcyon Technology PCL was -1.80% per year.


Halcyon Technology PCL Gross Margin % Historical Data

The historical data trend for Halcyon Technology 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.

Halcyon Technology PCL Gross Margin % Chart

Halcyon Technology 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 30.82 31.81 36.13 35.53 31.03

Halcyon Technology 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 30.67 30.21 31.34 31.87 34.25

Competitive Comparison of Halcyon Technology PCL's Gross Margin %

For the Tools & Accessories subindustry, Halcyon Technology 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.


Halcyon Technology PCL's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Halcyon Technology PCL's Gross Margin % distribution charts can be found below:

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



Halcyon Technology PCL Gross Margin % Calculation

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

Halcyon Technology 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 )
=325.4 / 1048.825
=(Revenue - Cost of Goods Sold) / Revenue
=(1048.825 - 723.425) / 1048.825
=31.03 %

Halcyon Technology 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 )
=96.5 / 281.721
=(Revenue - Cost of Goods Sold) / Revenue
=(281.721 - 185.236) / 281.721
=34.25 %

* 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.


Halcyon Technology PCL  (BKK:HTECH) 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

Halcyon Technology PCL had a gross margin of 34.25% 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.


Halcyon Technology PCL Gross Margin % Related Terms

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


Halcyon Technology PCL (BKK:HTECH) Business Description

Traded in Other Exchanges
N/A
Address
Soi 6, Serithai Road, 41 Moo 14 Bangchan Industrial Estate, Minburi, Bangkok, THA, 10510
Halcyon Technology PCL is engaged in the production and selling of cutting tools, jig and fixtures, and custom metallic devices. The company specializes in the design and manufacture of polycrystalline diamond (PCD) cutting tools required by high-precision works. Its product portfolio includes products like PCD boring tools, PCD end mill tools, PCD inserts, PCD brazing tools, PCD reamers, PCD hollow tools, PCD drills, and carbide cutting tools. It operates in three segments, Manufacturing and selling of customized cutting tools which is the prime revenue-driving segment; Importing and selling of cutting tools; and Manufacturing and selling of high-precision metal fabricated products.

Halcyon Technology PCL (BKK:HTECH) Headlines

No Headlines