YKGI (SGX:YK9) Gross Margin % : 40.39% (As of Dec. 2023)

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What is YKGI Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. YKGI's Gross Profit for the six months ended in Dec. 2023 was S$11.85 Mil. YKGI's Revenue for the six months ended in Dec. 2023 was S$29.34 Mil. Therefore, YKGI's Gross Margin % for the quarter that ended in Dec. 2023 was 40.39%.

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

SGX:YK9' s Gross Margin % Range Over the Past 10 Years
Min: 43.42 Med: 44.91 Max: 46.53
Current: 43.43

During the past 5 years, the highest Gross Margin % of YKGI was 46.53%. The lowest was 43.42%. And the median was 44.91%.

SGX:YK9's Gross Margin % is ranked worse than
56.01% of 341 companies
in the Restaurants industry
Industry Median: 47.41 vs SGX:YK9: 43.43

YKGI had a gross margin of 40.39% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

YKGI Gross Margin % Historical Data

The historical data trend for YKGI'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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YKGI Gross Margin % Chart

YKGI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

45.45

46.53

44.91

44.88

43.42

YKGI Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			44.33	48.14	41.67	46.43	40.39

Competitive Comparison of YKGI's Gross Margin %

For the Restaurants subindustry, YKGI'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.

YKGI's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, YKGI's Gross Margin % distribution charts can be found below:

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

YKGI Gross Margin % Calculation

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

YKGI'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 )
	=	25.6	/	58.978
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(58.978 - 33.367)	/	58.978
	=	43.42 %

YKGI'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 )
	=	11.9	/	29.342
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(29.342 - 17.49)	/	29.342
	=	40.39 %

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.

YKGI (SGX:YK9) 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

YKGI had a gross margin of 40.39% for the quarter that ended in Dec. 2023 => Durable 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.

YKGI Gross Margin % Related Terms

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YKGI (SGX:YK9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » YKGI Ltd (SGX:YK9) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Woodlands Terrace, Singapore, SGP, 738452

Website

https://www.ykgi.com.sg

YKGI Ltd is engaged in the food and beverage business. It owns and operates a diverse portfolio of non-Halal and Halal brands including Yew Kee Duck Rice, XO Minced Meat Noodles, My Kampung Chicken Rice, PastaGo, and Victoria Bakery. The company's principal business activities are food and beverage operations, food court management, and franchising and sub-franchising. The operations are based in Singapore. It operates one central kitchen and 45 Food Outlets, manages five food courts, and is the exclusive franchisee of all 31 CHICHA San Chen tea shops in Singapore.

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