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Daewoo Engineeringnstruction Co (XKRX:047040) Gross Margin % : 10.65% (As of Dec. 2023)


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What is Daewoo Engineeringnstruction Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daewoo Engineeringnstruction Co's Gross Profit for the three months ended in Dec. 2023 was ₩295,959 Mil. Daewoo Engineeringnstruction Co's Revenue for the three months ended in Dec. 2023 was ₩2,778,179 Mil. Therefore, Daewoo Engineeringnstruction Co's Gross Margin % for the quarter that ended in Dec. 2023 was 10.65%.


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

XKRX:047040' s Gross Margin % Range Over the Past 10 Years
Min: 0.86   Med: 9.8   Max: 14.26
Current: 10.4


During the past 13 years, the highest Gross Margin % of Daewoo Engineeringnstruction Co was 14.26%. The lowest was 0.86%. And the median was 9.80%.

XKRX:047040's Gross Margin % is ranked worse than
74.55% of 1611 companies
in the Construction industry
Industry Median: 19.33 vs XKRX:047040: 10.40

Daewoo Engineeringnstruction Co had a gross margin of 10.65% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Daewoo Engineeringnstruction Co was 3.10% per year.


Daewoo Engineeringnstruction Co Gross Margin % Historical Data

The historical data trend for Daewoo Engineeringnstruction Co'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.

Daewoo Engineeringnstruction Co Gross Margin % Chart

Daewoo Engineeringnstruction Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.88 12.29 14.26 12.03 10.40

Daewoo Engineeringnstruction Co 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 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 11.73 11.00 10.18 9.89 10.65

Competitive Comparison of Daewoo Engineeringnstruction Co's Gross Margin %

For the Engineering & Construction subindustry, Daewoo Engineeringnstruction Co'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.


Daewoo Engineeringnstruction Co's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daewoo Engineeringnstruction Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Daewoo Engineeringnstruction Co's Gross Margin % falls into.



Daewoo Engineeringnstruction Co Gross Margin % Calculation

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

Daewoo Engineeringnstruction Co'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 )
=1211728.5 / 11647800.865
=(Revenue - Cost of Goods Sold) / Revenue
=(11647800.865 - 10436072.415) / 11647800.865
=10.40 %

Daewoo Engineeringnstruction Co'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 )
=295959.4 / 2778178.849
=(Revenue - Cost of Goods Sold) / Revenue
=(2778178.849 - 2482219.46) / 2778178.849
=10.65 %

* 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.


Daewoo Engineeringnstruction Co  (XKRX:047040) 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

Daewoo Engineeringnstruction Co had a gross margin of 10.65% 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.


Daewoo Engineeringnstruction Co Gross Margin % Related Terms

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Daewoo Engineeringnstruction Co (XKRX:047040) Business Description

Traded in Other Exchanges
N/A
Address
Sinmunno 1-ga, Daewoo E&C 57, Jongno-gu, Seoul, KOR, 110-713
Daewoo Engineering & Construction Co Ltd develops complex structures and buildings for various end markets. It operates four business divisions: Civil Project, Building Works, Plants, and Housing. The company constructs roads, bridges, railways, offices, factories, apartments, and various power plants. It works in various stages of the construction process and will partner with developers to meet clients' needs. Many of the projects are highly technical with a lot of moving components, so planning and acquiring the right resources becomes an important part of the process. The majority of revenue is derived from Korea, but it will take orders for projects outside the country.

Daewoo Engineeringnstruction Co (XKRX:047040) Headlines

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