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Bangchak Sriracha PCL (FRA:JAV) Gross Margin % : -1.75% (As of Mar. 2024)


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What is Bangchak Sriracha PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bangchak Sriracha PCL's Gross Profit for the three months ended in Mar. 2024 was €-27 Mil. Bangchak Sriracha PCL's Revenue for the three months ended in Mar. 2024 was €1,539 Mil. Therefore, Bangchak Sriracha PCL's Gross Margin % for the quarter that ended in Mar. 2024 was -1.75%.


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

FRA:JAV' s Gross Margin % Range Over the Past 10 Years
Min: -6.27   Med: 1.82   Max: 9.03
Current: -0.92


During the past 13 years, the highest Gross Margin % of Bangchak Sriracha PCL was 9.03%. The lowest was -6.27%. And the median was 1.82%.

FRA:JAV's Gross Margin % is ranked worse than
94.05% of 925 companies
in the Oil & Gas industry
Industry Median: 28.04 vs FRA:JAV: -0.92

Bangchak Sriracha PCL had a gross margin of -1.75% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bangchak Sriracha PCL was 0.00% per year.


Bangchak Sriracha PCL Gross Margin % Historical Data

The historical data trend for Bangchak Sriracha 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.

Bangchak Sriracha PCL Gross Margin % Chart

Bangchak Sriracha 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 0.70 -6.27 2.93 0.32 0.41

Bangchak Sriracha 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 0.40 -0.96 6.62 -7.39 -1.75

Competitive Comparison of Bangchak Sriracha PCL's Gross Margin %

For the Oil & Gas Refining & Marketing subindustry, Bangchak Sriracha 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.


Bangchak Sriracha PCL's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bangchak Sriracha PCL's Gross Margin % distribution charts can be found below:

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



Bangchak Sriracha PCL Gross Margin % Calculation

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

Bangchak Sriracha 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 )
=24 / 5834.294
=(Revenue - Cost of Goods Sold) / Revenue
=(5834.294 - 5810.265) / 5834.294
=0.41 %

Bangchak Sriracha 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 )
=-26.9 / 1539.183
=(Revenue - Cost of Goods Sold) / Revenue
=(1539.183 - 1566.05) / 1539.183
=-1.75 %

* 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.


Bangchak Sriracha PCL  (FRA:JAV) 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

Bangchak Sriracha PCL had a gross margin of -1.75% 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.


Bangchak Sriracha PCL Gross Margin % Related Terms

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Bangchak Sriracha PCL (FRA:JAV) Business Description

Traded in Other Exchanges
Address
3195/17-29 Rama IV Road, Klongton, Klong Toey District, Bangkok, THA, 10110
Bangchak Sriracha PCL Formerly Esso Thailand PCL is engaged in the refining and marketing of petroleum products, including a network of retail service stations. The company operates a refinery and chemical manufacturing plant in Sriracha, Thailand. It also operates distribution facilities and oil terminals throughout Thailand. Its products are sold through a network of retail service stations, directly to industrial customers, and through export. It is involved in the sale of chemical products to both domestic and overseas customers. Its products include Refined petroleum products, Lubricants and specialities, and Aromatics and chemicals. Its segments are Downstream which includes the refining and marketing of petroleum products and Petrochemicals.

Bangchak Sriracha PCL (FRA:JAV) Headlines

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