Wasco Bhd (XKLS:5142) Gross Margin % : 27.47% (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Wasco Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Wasco Bhd's Gross Profit for the three months ended in Dec. 2023 was RM139 Mil. Wasco Bhd's Revenue for the three months ended in Dec. 2023 was RM505 Mil. Therefore, Wasco Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 27.47%.

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

XKLS:5142' s Gross Margin % Range Over the Past 10 Years
Min: 11.34 Med: 12.59 Max: 19.92
Current: 17.11

During the past 13 years, the highest Gross Margin % of Wasco Bhd was 19.92%. The lowest was 11.34%. And the median was 12.59%.

XKLS:5142's Gross Margin % is ranked worse than
63.72% of 929 companies
in the Oil & Gas industry
Industry Median: 27.83 vs XKLS:5142: 17.11

Wasco Bhd had a gross margin of 27.47% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wasco Bhd was 8.50% per year.

Wasco Bhd Gross Margin % Historical Data

The historical data trend for Wasco 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.

Wasco Bhd Gross Margin % Chart

Wasco Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

12.25

12.75

11.80

16.44

17.11

Wasco Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															19.48	15.99	13.21	14.71	27.47

Competitive Comparison of Wasco Bhd's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, Wasco 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.

Wasco Bhd's Gross Margin % Distribution in the Oil & Gas Industry

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

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

Wasco Bhd Gross Margin % Calculation

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

Wasco 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 )
	=	445.8	/	2605.688
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2605.688 - 2159.848)	/	2605.688
	=	17.11 %

Wasco 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 )
	=	138.7	/	504.963
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(504.963 - 366.251)	/	504.963
	=	27.47 %

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.

Wasco Bhd (XKLS:5142) 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

Wasco Bhd had a gross margin of 27.47% for the quarter that ended in Dec. 2023 => 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.

Wasco Bhd Gross Margin % Related Terms

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

Wasco Bhd (XKLS:5142) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wasco Bhd (XKLS:5142) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.wahseong.com

Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.

Wasco Bhd (XKLS:5142) Headlines

No Headlines