KWI PCL (BKK:KWI) Gross Margin % : -79.81% (As of Mar. 2024)

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What is KWI PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. KWI PCL's Gross Profit for the three months ended in Mar. 2024 was ฿-255 Mil. KWI PCL's Revenue for the three months ended in Mar. 2024 was ฿320 Mil. Therefore, KWI PCL's Gross Margin % for the quarter that ended in Mar. 2024 was -79.81%.

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

BKK:KWI' s Gross Margin % Range Over the Past 10 Years
Min: -289.89 Med: -20.95 Max: 30.12
Current: -27.95

During the past 13 years, the highest Gross Margin % of KWI PCL was 30.12%. The lowest was -289.89%. And the median was -20.95%.

BKK:KWI's Gross Margin % is ranked worse than
100% of 54 companies
in the Insurance industry
Industry Median: 42.4 vs BKK:KWI: -27.95

KWI PCL had a gross margin of -79.81% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for KWI PCL was 38.10% per year.

KWI PCL Gross Margin % Historical Data

The historical data trend for KWI 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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KWI PCL Gross Margin % Chart

KWI PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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-289.89

-76.36

-58.83

-18.70

-23.19

KWI 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															-75.38	0.55	7.78	-32.52	-79.81

Competitive Comparison of KWI PCL's Gross Margin %

For the Insurance - Diversified subindustry, KWI 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.

KWI PCL's Gross Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, KWI PCL's Gross Margin % distribution charts can be found below:

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

KWI PCL Gross Margin % Calculation

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

KWI 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 )
	=	-284	/	1224.772
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1224.772 - 1508.748)	/	1224.772
	=	-23.19 %

KWI 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 )
	=	-255.2	/	319.819
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(319.819 - 575.053)	/	319.819
	=	-79.81 %

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.

KWI PCL (BKK:KWI) 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

KWI PCL had a gross margin of -79.81% 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.

KWI PCL Gross Margin % Related Terms

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KWI PCL (BKK:KWI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » KWI PCL (BKK:KWI) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

138/108 Nares Road, 30th Floor, Jewellery Centre Building, Sipraya Sub-District, Bang Rak District, Bangkok, THA, 10500

Website

https://www.kwiasia.com

KWI PCL is engaged in diverse range of businesses throughout Greater China and Southeast Asia. The principal businesses of the group are general insurance, life insurance, mutual fund management and real estate development where business synergies are created to offer personal and business customers from home building and daily protection to lifelong protection, and wealth management. The company constantly search for new opportunities that will strengthen existing businesses and further promote the synergies between businesses to achieve its goal which is to provide the sustainable maximum returns for stakeholders.

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