T7 Global Bhd (XKLS:7228) Gross Margin % : 27.12% (As of Dec. 2023)

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What is T7 Global Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. T7 Global Bhd's Gross Profit for the three months ended in Dec. 2023 was RM66.8 Mil. T7 Global Bhd's Revenue for the three months ended in Dec. 2023 was RM246.4 Mil. Therefore, T7 Global Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 27.12%.

The historical rank and industry rank for T7 Global Bhd's Gross Margin % or its related term are showing as below:

XKLS:7228' s Gross Margin % Range Over the Past 10 Years
Min: 9.56 Med: 21.21 Max: 28.7
Current: 28.7

During the past 13 years, the highest Gross Margin % of T7 Global Bhd was 28.70%. The lowest was 9.56%. And the median was 21.21%.

XKLS:7228's Gross Margin % is ranked better than
51.67% of 929 companies
in the Oil & Gas industry
Industry Median: 27.83 vs XKLS:7228: 28.70

T7 Global Bhd had a gross margin of 27.12% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for T7 Global Bhd was 13.20% per year.

T7 Global Bhd Gross Margin % Historical Data

The historical data trend for T7 Global 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.

T7 Global Bhd Gross Margin % Chart

T7 Global Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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18.09

21.86

20.73

25.00

28.70

T7 Global 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															27.25	29.98	27.80	31.35	27.12

Competitive Comparison of T7 Global Bhd's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, T7 Global 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.

T7 Global Bhd's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, T7 Global Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where T7 Global Bhd's Gross Margin % falls into.

T7 Global Bhd Gross Margin % Calculation

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

T7 Global 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 )
	=	167	/	581.867
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(581.867 - 414.859)	/	581.867
	=	28.70 %

T7 Global 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 )
	=	66.8	/	246.435
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(246.435 - 179.609)	/	246.435
	=	27.12 %

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.

T7 Global Bhd (XKLS:7228) 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

T7 Global Bhd had a gross margin of 27.12% 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.

T7 Global Bhd Gross Margin % Related Terms

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T7 Global Bhd (XKLS:7228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » T7 Global Bhd (XKLS:7228) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

338, Jalan Tun Razak, KL Trillion Corporate Tower, C-16-01, Level 16, Block C, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400

Website

https://www.t7global.com.my

T7 Global Bhd is a Malaysia-based international offshore oilfield service provider for the upstream and downstream players in the oil and gas industry with a presence in Asia. Its segments include Products and services, Manpower supply, and Engineered packages. The group serves a wide range of customers which include multinational oil majors, national oil companies as well as multinational oil corporation throughout the World.

T7 Global Bhd (XKLS:7228) Headlines

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