Soulbrain Co (XKRX:357780) Gross Margin % : 17.11% (As of Dec. 2023)

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What is Soulbrain Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Soulbrain Co's Gross Profit for the three months ended in Dec. 2023 was ₩33,371 Mil. Soulbrain Co's Revenue for the three months ended in Dec. 2023 was ₩194,983 Mil. Therefore, Soulbrain Co's Gross Margin % for the quarter that ended in Dec. 2023 was 17.11%.

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

XKRX:357780' s Gross Margin % Range Over the Past 10 Years
Min: 22.88 Med: 26.12 Max: 28.79
Current: 22.88

During the past 4 years, the highest Gross Margin % of Soulbrain Co was 28.79%. The lowest was 22.88%. And the median was 26.12%.

XKRX:357780's Gross Margin % is ranked better than
52.39% of 1508 companies
in the Chemicals industry
Industry Median: 22.245 vs XKRX:357780: 22.88

Soulbrain Co had a gross margin of 17.11% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Soulbrain Co was 0.00% per year.

Soulbrain Co Gross Margin % Historical Data

The historical data trend for Soulbrain 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.

Soulbrain Co Gross Margin % Chart

Soulbrain Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

28.79

24.94

27.30

22.88

Soulbrain Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial									26.31	27.17	22.95	23.22	17.11

Competitive Comparison of Soulbrain Co's Gross Margin %

For the Chemicals subindustry, Soulbrain 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.

Soulbrain Co's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Soulbrain Co's Gross Margin % distribution charts can be found below:

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

Soulbrain Co Gross Margin % Calculation

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

Soulbrain 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 )
	=	193079.3	/	844029.122
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(844029.122 - 650949.834)	/	844029.122
	=	22.88 %

Soulbrain 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 )
	=	33371.1	/	194982.682
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(194982.682 - 161611.577)	/	194982.682
	=	17.11 %

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.

Soulbrain Co (XKRX:357780) 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

Soulbrain Co had a gross margin of 17.11% 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.

Soulbrain Co Gross Margin % Related Terms

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Soulbrain Co (XKRX:357780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Soulbrain Co Ltd (XKRX:357780) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

34, Pangyo-ro 255-beon-gil, Bundang-Gu, Gyeonggi-do, Seongnam, KOR

Website

http://www.soulbrain.co.kr

Soulbrain Co Ltd is engaged in the business of supplying chemical materials and battery materials for manufacturing semi-conductor materials, display materials, and secondary batteries. Also, the company is engaged in producing various electronic materials required for the process of LED, solar power generation, and electric vehicles. It plans to enter the bio-healthcare business in future.

Soulbrain Co (XKRX:357780) Headlines

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