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M N C Wireless Bhd (XKLS:0103) Gross Margin % : 31.25% (As of Jan. 2024)


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What is M N C Wireless Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. M N C Wireless Bhd's Gross Profit for the three months ended in Jan. 2024 was RM1.09 Mil. M N C Wireless Bhd's Revenue for the three months ended in Jan. 2024 was RM3.49 Mil. Therefore, M N C Wireless Bhd's Gross Margin % for the quarter that ended in Jan. 2024 was 31.25%.

Warning Sign:

M N C Wireless Bhd gross margin has been in long-term decline. The average rate of decline per year is -12.7%.


The historical rank and industry rank for M N C Wireless Bhd's Gross Margin % or its related term are showing as below:

XKLS:0103' s Gross Margin % Range Over the Past 10 Years
Min: 13.98   Med: 25.93   Max: 39.69
Current: 19.17


During the past 13 years, the highest Gross Margin % of M N C Wireless Bhd was 39.69%. The lowest was 13.98%. And the median was 25.93%.

XKLS:0103's Gross Margin % is ranked worse than
86.93% of 352 companies
in the Telecommunication Services industry
Industry Median: 49.06 vs XKLS:0103: 19.17

M N C Wireless Bhd had a gross margin of 31.25% for the quarter that ended in Jan. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for M N C Wireless Bhd was -12.70% per year.


M N C Wireless Bhd Gross Margin % Historical Data

The historical data trend for M N C Wireless Bhd'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.

M N C Wireless Bhd Gross Margin % Chart

M N C Wireless Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Apr20 Apr21 Apr22 Apr23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.31 26.88 15.35 15.96 13.98

M N C Wireless Bhd Quarterly Data
Mar19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 16.37 15.22 15.82 14.68 31.25

Competitive Comparison of M N C Wireless Bhd's Gross Margin %

For the Telecom Services subindustry, M N C Wireless Bhd'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.


M N C Wireless Bhd's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, M N C Wireless Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where M N C Wireless Bhd's Gross Margin % falls into.



M N C Wireless Bhd Gross Margin % Calculation

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

M N C Wireless Bhd's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )=Gross Profit (A: Apr. 2023 ) / Revenue (A: Apr. 2023 )
=1.7 / 12.436
=(Revenue - Cost of Goods Sold) / Revenue
=(12.436 - 10.697) / 12.436
=13.98 %

M N C Wireless Bhd's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=1.1 / 3.491
=(Revenue - Cost of Goods Sold) / Revenue
=(3.491 - 2.4) / 3.491
=31.25 %

* 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.


M N C Wireless Bhd  (XKLS:0103) 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

M N C Wireless Bhd had a gross margin of 31.25% for the quarter that ended in Jan. 2024 => Competition eroding margins


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.


M N C Wireless Bhd Gross Margin % Related Terms

Thank you for viewing the detailed overview of M N C Wireless Bhd's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


M N C Wireless Bhd (XKLS:0103) Business Description

Traded in Other Exchanges
Address
100-3.011, Jaya One, Number 72A, Jalan Profesor Diraja Ungku Aziz, 129 Offices, Petaling Jaya, SGR, MYS, 46200
M N C Wireless Bhd operates in the telecom industry. Its business operates through various segments that are Mobile Applications, which provide mobile application platforms for short message services (SMS) to mobile phone users; and Wireless and Multimedia Related Services, which are involved in consultations, sales, marketing, and implementation of m-business solutions, management of content resources business, and other related multimedia services.

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