Dagang NeXchange Bhd's gross profit for the
three
months ended in Mar. 2024 was RM70.5 Mil. Dagang NeXchange Bhd's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was RM158.4 Mil.
Dagang NeXchange Bhd had a gross margin of 22.76% for the quarter that ended in Mar. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Dagang NeXchange Bhd was 80.74%. The lowest was 24.85%. And the median was 59.20%.
Warning Sign:
Dagang NeXchange Bhd gross margin has been in long-term decline. The average rate of decline per year is -12.7%.
Dagang NeXchange Bhd Gross Profit Historical Data
The historical data trend for Dagang NeXchange Bhd'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.
Competitive Comparison of Dagang NeXchange Bhd's Gross Profit
For the Information Technology Services subindustry, Dagang NeXchange Bhd'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.
Dagang NeXchange Bhd's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, Dagang NeXchange Bhd's Gross Profit distribution charts can be found below:
* The bar in red indicates where Dagang NeXchange Bhd's Gross Profit falls into.
Dagang NeXchange Bhd Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Dagang NeXchange Bhd's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as
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 RM158.4 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Dagang NeXchange Bhd (XKLS:4456) 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
Dagang NeXchange Bhd had a gross margin of 22.76% for the quarter that ended in Mar. 2024 => Competition eroding margins
Dagang NeXchange Bhd Gross Profit Related Terms
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Dagang NeXchange Bhd (XKLS:4456) Business Description
Dagang NeXchange Bhd is a Malaysia based company. The business operates in various segments that include Corporate, which is an investment holding; Information Technology (IT), which supply, delivery, install, testing, commissioning and maintenance of IT hardware, development, management and provision of business to government (B2G) e-commerce and others; and Energy, which provides upstream oil and gas exploration, production sale of oil and gas-related equipment and services, provision of engineering, technical support and involvement in power plant, and energy-related business. The Information Technology segment generates maximum revenue for the company. It offers its services only to the Malaysia region.
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