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Apollo Food Holdings Bhd (XKLS:6432) Gross Margin % : 29.75% (As of Jan. 2024)


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What is Apollo Food Holdings Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Apollo Food Holdings Bhd's Gross Profit for the three months ended in Jan. 2024 was RM22.0 Mil. Apollo Food Holdings Bhd's Revenue for the three months ended in Jan. 2024 was RM73.9 Mil. Therefore, Apollo Food Holdings Bhd's Gross Margin % for the quarter that ended in Jan. 2024 was 29.75%.


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

XKLS:6432' s Gross Margin % Range Over the Past 10 Years
Min: 20.1   Med: 24.15   Max: 29
Current: 28.2


During the past 13 years, the highest Gross Margin % of Apollo Food Holdings Bhd was 29.00%. The lowest was 20.10%. And the median was 24.15%.

XKLS:6432's Gross Margin % is ranked better than
57.27% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.32 vs XKLS:6432: 28.20

Apollo Food Holdings Bhd had a gross margin of 29.75% for the quarter that ended in Jan. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Apollo Food Holdings Bhd was 0.40% per year.


Apollo Food Holdings Bhd Gross Margin % Historical Data

The historical data trend for Apollo Food Holdings 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.

Apollo Food Holdings Bhd Gross Margin % Chart

Apollo Food Holdings Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.69 26.13 23.33 20.10 25.06

Apollo Food Holdings Bhd Quarterly Data
Apr19 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 25.92 26.61 27.64 28.38 29.75

Competitive Comparison of Apollo Food Holdings Bhd's Gross Margin %

For the Confectioners subindustry, Apollo Food Holdings 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.


Apollo Food Holdings Bhd's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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



Apollo Food Holdings Bhd Gross Margin % Calculation

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

Apollo Food Holdings 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 )
=64.3 / 256.784
=(Revenue - Cost of Goods Sold) / Revenue
=(256.784 - 192.444) / 256.784
=25.06 %

Apollo Food Holdings 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 )
=22 / 73.854
=(Revenue - Cost of Goods Sold) / Revenue
=(73.854 - 51.881) / 73.854
=29.75 %

* 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.


Apollo Food Holdings Bhd  (XKLS:6432) 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

Apollo Food Holdings Bhd had a gross margin of 29.75% 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.


Apollo Food Holdings Bhd Gross Margin % Related Terms

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Apollo Food Holdings Bhd (XKLS:6432) Business Description

Traded in Other Exchanges
N/A
Address
No. 70, Jalan Langkasuka, Larkin Industrial Area, Johor Bahru, JHR, MYS, 80350
Apollo Food Holdings Bhd is engaged in investment holding and provision of management services. It is involved in the manufacturing of compound chocolate confectionery products and layer cakes. The company's operating segment includes Investment holding and Manufacturing, marketing and distribution. It generates maximum revenue from the Manufacturing, marketing and distribution segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Asean and Others Countries.

Apollo Food Holdings Bhd (XKLS:6432) Headlines

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