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Ubon Bio Ethanol PCL (BKK:UBE) Gross Margin % : 7.94% (As of Dec. 2023)


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What is Ubon Bio Ethanol PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ubon Bio Ethanol PCL's Gross Profit for the three months ended in Dec. 2023 was ฿131 Mil. Ubon Bio Ethanol PCL's Revenue for the three months ended in Dec. 2023 was ฿1,652 Mil. Therefore, Ubon Bio Ethanol PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 7.94%.

Warning Sign:

Ubon Bio Ethanol PCL gross margin has been in long-term decline. The average rate of decline per year is -5%.


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

BKK:UBE' s Gross Margin % Range Over the Past 10 Years
Min: 8.72   Med: 14.23   Max: 22.61
Current: 8.72


During the past 7 years, the highest Gross Margin % of Ubon Bio Ethanol PCL was 22.61%. The lowest was 8.72%. And the median was 14.23%.

BKK:UBE's Gross Margin % is ranked worse than
85.5% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 25.08 vs BKK:UBE: 8.72

Ubon Bio Ethanol PCL had a gross margin of 7.94% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ubon Bio Ethanol PCL was -5.00% per year.


Ubon Bio Ethanol PCL Gross Margin % Historical Data

The historical data trend for Ubon Bio Ethanol 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.

Ubon Bio Ethanol PCL Gross Margin % Chart

Ubon Bio Ethanol PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 10.61 14.69 14.94 12.52 8.94

Ubon Bio Ethanol PCL Quarterly Data
Dec17 Dec18 Dec19 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 10.13 6.60 7.97 12.49 7.94

Competitive Comparison of Ubon Bio Ethanol PCL's Gross Margin %

For the Farm Products subindustry, Ubon Bio Ethanol 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.


Ubon Bio Ethanol PCL's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ubon Bio Ethanol PCL's Gross Margin % distribution charts can be found below:

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



Ubon Bio Ethanol PCL Gross Margin % Calculation

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

Ubon Bio Ethanol 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 )
=521.8 / 5838.036
=(Revenue - Cost of Goods Sold) / Revenue
=(5838.036 - 5316.212) / 5838.036
=8.94 %

Ubon Bio Ethanol 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 )
=131.1 / 1651.66
=(Revenue - Cost of Goods Sold) / Revenue
=(1651.66 - 1520.587) / 1651.66
=7.94 %

* 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.


Ubon Bio Ethanol PCL  (BKK:UBE) 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

Ubon Bio Ethanol PCL had a gross margin of 7.94% for the quarter that ended in Dec. 2023 => 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.


Ubon Bio Ethanol PCL Gross Margin % Related Terms

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


Ubon Bio Ethanol PCL (BKK:UBE) Business Description

Traded in Other Exchanges
N/A
Address
333 Moo 9, Nadee Sub district, Nayia District, Ubon Ratchathani Province, Ubon Ratchathani, THA, 34160
Ubon Bio Ethanol PCL is engaged in the manufacture and distribution of processed cassava products which include cassava-based ethanol, cassava starch, cassava flour, other organic products, biogas and electricity from biogas and solar power system. The company has three reportable segment Tapioca starch, biogas and electricity, Ethanol and others. Majority of revenue is generated from Ethanol segment.

Ubon Bio Ethanol PCL (BKK:UBE) Headlines

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