MYMBN Bhd (XKLS:0280) Gross Margin % : 9.79% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is MYMBN Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MYMBN Bhd's Gross Profit for the six months ended in Dec. 2023 was RM6.63 Mil. MYMBN Bhd's Revenue for the six months ended in Dec. 2023 was RM67.75 Mil. Therefore, MYMBN Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 9.79%.

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

XKLS:0280' s Gross Margin % Range Over the Past 10 Years
Min: 9.43 Med: 11.99 Max: 14.41
Current: 9.79

During the past 5 years, the highest Gross Margin % of MYMBN Bhd was 14.41%. The lowest was 9.43%. And the median was 11.99%.

XKLS:0280's Gross Margin % is ranked worse than
83.92% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs XKLS:0280: 9.79

MYMBN Bhd had a gross margin of 9.79% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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

MYMBN Bhd Gross Margin % Historical Data

The historical data trend for MYMBN 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.

MYMBN Bhd Gross Margin % Chart

MYMBN Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

9.43

12.41

11.99

14.41

9.79

MYMBN Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Gross Margin %	9.43	12.41	11.99	14.41	9.79

Competitive Comparison of MYMBN Bhd's Gross Margin %

For the Packaged Foods subindustry, MYMBN 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.

MYMBN Bhd's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, MYMBN Bhd's Gross Margin % distribution charts can be found below:

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

MYMBN Bhd Gross Margin % Calculation

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

MYMBN Bhd'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 )
	=	6.6	/	67.745
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(67.745 - 61.113)	/	67.745
	=	9.79 %

MYMBN Bhd'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 )
	=	6.6	/	67.745
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(67.745 - 61.113)	/	67.745
	=	9.79 %

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.

MYMBN Bhd (XKLS:0280) 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

MYMBN Bhd had a gross margin of 9.79% 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.

MYMBN Bhd Gross Margin % Related Terms

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

MYMBN Bhd (XKLS:0280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MYMBN Bhd (XKLS:0280) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Melaka Raya 26, Nos. 17, 19, 21, 23 and 25, Taman Melaka Raya, Melaka, MYS, 75000

Website

https://www.mymbn.com.my

MYMBN Bhd is an investment holding company of MBN Enterprise and MBN International. Through its Subsidiaries, it is principally engaged in the processing and sale of EBN, specifically the RUCEBN. EBNs are processed nests of swiftlets, which are made from strands of swiftlets' saliva.

MYMBN Bhd (XKLS:0280) Headlines

No Headlines