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Pyung Hwa Industrial Co (XKRX:090080) Gross Margin % : 6.85% (As of Mar. 2024)


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What is Pyung Hwa Industrial Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pyung Hwa Industrial Co's Gross Profit for the three months ended in Mar. 2024 was ₩9,791 Mil. Pyung Hwa Industrial Co's Revenue for the three months ended in Mar. 2024 was ₩142,996 Mil. Therefore, Pyung Hwa Industrial Co's Gross Margin % for the quarter that ended in Mar. 2024 was 6.85%.


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

XKRX:090080' s Gross Margin % Range Over the Past 10 Years
Min: 1.33   Med: 5.78   Max: 6.84
Current: 6.84


During the past 13 years, the highest Gross Margin % of Pyung Hwa Industrial Co was 6.84%. The lowest was 1.33%. And the median was 5.78%.

XKRX:090080's Gross Margin % is ranked worse than
91.08% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.68 vs XKRX:090080: 6.84

Pyung Hwa Industrial Co had a gross margin of 6.85% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pyung Hwa Industrial Co was 27.50% per year.


Pyung Hwa Industrial Co Gross Margin % Historical Data

The historical data trend for Pyung Hwa Industrial 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.

Pyung Hwa Industrial Co Gross Margin % Chart

Pyung Hwa Industrial 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 4.61 4.85 6.80 5.44 6.17

Pyung Hwa Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.06 6.16 7.71 6.67 6.85

Competitive Comparison of Pyung Hwa Industrial Co's Gross Margin %

For the Auto Parts subindustry, Pyung Hwa Industrial 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.


Pyung Hwa Industrial Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pyung Hwa Industrial Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pyung Hwa Industrial Co's Gross Margin % falls into.



Pyung Hwa Industrial Co Gross Margin % Calculation

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

Pyung Hwa Industrial 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 )
=34776.7 / 564038.964
=(Revenue - Cost of Goods Sold) / Revenue
=(564038.964 - 529262.3) / 564038.964
=6.17 %

Pyung Hwa Industrial Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=9790.7 / 142995.645
=(Revenue - Cost of Goods Sold) / Revenue
=(142995.645 - 133204.906) / 142995.645
=6.85 %

* 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.


Pyung Hwa Industrial Co  (XKRX:090080) 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

Pyung Hwa Industrial Co had a gross margin of 6.85% for the quarter that ended in Mar. 2024 => 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.


Pyung Hwa Industrial Co Gross Margin % Related Terms

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


Pyung Hwa Industrial Co (XKRX:090080) Business Description

Traded in Other Exchanges
N/A
Address
597 Nongong-ro, Nongong-eup, Dalseong-gun, Daegu, KOR, 711-855
Pyung Hwa Industrial Co Ltd manufactures and sells automotive and general industrial rubber parts in South Korea. It offers anti-vibration systems, including powertrain mounts, suspension and chassis, advanced products, engine systems, and engine belt systems; products for fuel systems, braking/steering systems, and air and cooling systems; and caterpillar and road wheel rubber products for combat vehicles and specialized rubber.

Pyung Hwa Industrial Co (XKRX:090080) Headlines

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