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Advanced Connection PCL (BKK:ACC) Gross Profit : ฿38.5 Mil (TTM As of Mar. 2024)


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What is Advanced Connection PCL Gross Profit?

Advanced Connection PCL's gross profit for the three months ended in Mar. 2024 was ฿20.5 Mil. Advanced Connection PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿38.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Advanced Connection PCL's gross profit for the three months ended in Mar. 2024 was ฿20.5 Mil. Advanced Connection PCL's Revenue for the three months ended in Mar. 2024 was ฿35.5 Mil. Therefore, Advanced Connection PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 57.58%.

Advanced Connection PCL had a gross margin of 57.58% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Advanced Connection PCL was 61.39%. The lowest was 2.67%. And the median was 27.77%.

Warning Sign:

Advanced Connection Corp PCL gross margin has been in long-term decline. The average rate of decline per year is -29.1%.


Advanced Connection PCL Gross Profit Historical Data

The historical data trend for Advanced Connection PCL's Gross Profit 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.

Advanced Connection PCL Gross Profit Chart

Advanced Connection PCL Annual Data
Trend Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.14 82.27 7.15 1.06 22.52

Advanced Connection PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 4.95 2.76 5.01 10.32 20.46

Competitive Comparison of Advanced Connection PCL's Gross Profit

For the Conglomerates subindustry, Advanced Connection PCL's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Advanced Connection PCL's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Advanced Connection PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Advanced Connection PCL's Gross Profit falls into.



Advanced Connection PCL Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Advanced Connection PCL's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=143.432 - 120.914
=22.5

Advanced Connection PCL's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=35.529 - 15.071
=20.5

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿38.5 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Advanced Connection PCL'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=20.5 / 35.529
=57.58 %

* 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.


Advanced Connection PCL  (BKK:ACC) Gross Profit 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

Advanced Connection PCL had a gross margin of 57.58% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Advanced Connection PCL Gross Profit Related Terms

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Advanced Connection PCL (BKK:ACC) Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, 944 Mitrtown Office Tower, 16th Floor, Wangmai Pathumwan, Bangkok, THA, 10250
Advanced Connection Corp PCL is engaged in manufacturing and distributing ceiling fans, renting property, banquets, and restaurants, property development, investment in alternative energy, and financing. The company's activities are; investment in renewable energy, real estate development, distribution, rental, lending and asset management, construction business, and commercial hemp business. Its business segments are; Construction contracts, Property development, Financing, Alternative energy, Trading, and Hemp and marijuana.

Advanced Connection PCL (BKK:ACC) Headlines

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