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Al Rashid Industrial Co (SAU:9580) Gross Margin % : 0.00% (As of Dec. 2022)


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What is Al Rashid Industrial Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Al Rashid Industrial Co's Gross Profit for the three months ended in Dec. 2022 was ﷼0.0 Mil. Al Rashid Industrial Co's Revenue for the three months ended in Dec. 2022 was ﷼0.0 Mil. Therefore, Al Rashid Industrial Co's Gross Margin % for the quarter that ended in Dec. 2022 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Al Rashid Industrial Co's Gross Margin % or its related term are showing as below:


During the past 2 years, the highest Gross Margin % of Al Rashid Industrial Co was 32.60%. The lowest was 30.54%. And the median was 31.57%.

SAU:9580's Gross Margin % is not ranked *
in the Packaging & Containers industry.
Industry Median: 21.74
* Ranked among companies with meaningful Gross Margin % only.

Al Rashid Industrial Co had a gross margin of N/A% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Al Rashid Industrial Co was 0.00% per year.


Al Rashid Industrial Co Gross Margin % Historical Data

The historical data trend for Al Rashid Industrial Co'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.

Al Rashid Industrial Co Gross Margin % Chart

Al Rashid Industrial Co Annual Data
Trend Dec22 Dec23
Gross Margin %
30.54 32.60

Al Rashid Industrial Co Quarterly Data
Dec22 Dec23
Gross Margin % - -

Competitive Comparison of Al Rashid Industrial Co's Gross Margin %

For the Packaging & Containers subindustry, Al Rashid Industrial Co'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.


Al Rashid Industrial Co's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Al Rashid Industrial Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Al Rashid Industrial Co's Gross Margin % falls into.



Al Rashid Industrial Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Al Rashid Industrial Co'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 )
=44 / 135.031
=(Revenue - Cost of Goods Sold) / Revenue
=(135.031 - 91.01) / 135.031
=32.60 %

Al Rashid Industrial Co's Gross Margin for the quarter that ended in Dec. 2022 is calculated as


Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Al Rashid Industrial Co  (SAU:9580) 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

Al Rashid Industrial Co had a gross margin of N/A% for the quarter that ended in Dec. 2022 => 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.


Al Rashid Industrial Co Gross Margin % Related Terms

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Al Rashid Industrial Co (SAU:9580) Business Description

Traded in Other Exchanges
N/A
Address
New Industrial City, 7960, Riyadh, SAU, 143322
Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

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