Hil Industries Bhd (XKLS:8443) Gross Margin % : 34.87% (As of Dec. 2023)

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What is Hil Industries Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hil Industries Bhd's Gross Profit for the three months ended in Dec. 2023 was RM21.4 Mil. Hil Industries Bhd's Revenue for the three months ended in Dec. 2023 was RM61.4 Mil. Therefore, Hil Industries Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 34.87%.

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

XKLS:8443' s Gross Margin % Range Over the Past 10 Years
Min: 21.91 Med: 26.27 Max: 33.27
Current: 33.27

During the past 13 years, the highest Gross Margin % of Hil Industries Bhd was 33.27%. The lowest was 21.91%. And the median was 26.27%.

XKLS:8443's Gross Margin % is ranked better than
68.12% of 2942 companies
in the Industrial Products industry
Industry Median: 26.485 vs XKLS:8443: 33.27

Hil Industries Bhd had a gross margin of 34.87% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hil Industries Bhd was 7.90% per year.

Hil Industries Bhd Gross Margin % Historical Data

The historical data trend for Hil Industries 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.

Hil Industries Bhd Gross Margin % Chart

Hil Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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23.29

26.58

29.51

27.11

33.27

Hil Industries 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															26.44	30.00	33.16	34.09	34.87

Competitive Comparison of Hil Industries Bhd's Gross Margin %

For the Metal Fabrication subindustry, Hil Industries 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.

Hil Industries Bhd's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hil Industries Bhd's Gross Margin % distribution charts can be found below:

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

Hil Industries Bhd Gross Margin % Calculation

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

Hil Industries 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 )
	=	70.6	/	212.063
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(212.063 - 141.505)	/	212.063
	=	33.27 %

Hil Industries 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 )
	=	21.4	/	61.374
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(61.374 - 39.975)	/	61.374
	=	34.87 %

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.

Hil Industries Bhd (XKLS:8443) 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

Hil Industries Bhd had a gross margin of 34.87% 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.

Hil Industries Bhd Gross Margin % Related Terms

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Hil Industries Bhd (XKLS:8443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hil Industries Bhd (XKLS:8443) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 3, Jalan Lada Sulah 16/11, Section 16, Shah Alam, SGR, MYS, 40000

Website

https://www.hil.com.my

Hil Industries Bhd is a manufacturer and seller of industrial and domestic moulded plastic products. The company's reportable segment include: Manufacturing; Property development and management; and Trading, services and others. The Manufacturing segment engages in the manufacture and sale of industrial and domestic moulded plastic products. The Property development and management segment is involved in the development of residential, commercial and light industrial properties, and letting out of properties and provision of property management services. Trading, services and others segment includes general trading. The company generates key revenue from the Manufacturing segment. It has a business presence in Malaysia, the PRC and Taiwan.

Hil Industries Bhd (XKLS:8443) Headlines

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