GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Charoen Pokphand Foods PCL (BKK:CPF) » Definitions » Gross Margin %

Charoen Pokphand Foods PCL (BKK:CPF) Gross Margin % : 8.42% (As of Dec. 2023)


View and export this data going back to 1987. Start your Free Trial

What is Charoen Pokphand Foods PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Charoen Pokphand Foods PCL's Gross Profit for the three months ended in Dec. 2023 was ฿12,399 Mil. Charoen Pokphand Foods PCL's Revenue for the three months ended in Dec. 2023 was ฿147,319 Mil. Therefore, Charoen Pokphand Foods PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 8.42%.

Warning Sign:

Charoen Pokphand Foods PCL gross margin has been in long-term decline. The average rate of decline per year is -4.6%.


The historical rank and industry rank for Charoen Pokphand Foods PCL's Gross Margin % or its related term are showing as below:

BKK:CPF' s Gross Margin % Range Over the Past 10 Years
Min: 10.57   Med: 13.54   Max: 18.14
Current: 10.57


During the past 13 years, the highest Gross Margin % of Charoen Pokphand Foods PCL was 18.14%. The lowest was 10.57%. And the median was 13.54%.

BKK:CPF's Gross Margin % is ranked worse than
82.31% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs BKK:CPF: 10.57

Charoen Pokphand Foods PCL had a gross margin of 8.42% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Charoen Pokphand Foods PCL was -4.60% per year.


Charoen Pokphand Foods PCL Gross Margin % Historical Data

The historical data trend for Charoen Pokphand Foods PCL'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.

Charoen Pokphand Foods PCL Gross Margin % Chart

Charoen Pokphand Foods PCL 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 14.93 18.14 12.39 13.56 10.57

Charoen Pokphand Foods PCL 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 11.28 10.81 12.05 10.99 8.42

Competitive Comparison of Charoen Pokphand Foods PCL's Gross Margin %

For the Farm Products subindustry, Charoen Pokphand Foods PCL'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.


Charoen Pokphand Foods PCL's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Charoen Pokphand Foods PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Charoen Pokphand Foods PCL's Gross Margin % falls into.



Charoen Pokphand Foods PCL Gross Margin % Calculation

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

Charoen Pokphand Foods PCL'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 )
=61925.1 / 585844.121
=(Revenue - Cost of Goods Sold) / Revenue
=(585844.121 - 523919.023) / 585844.121
=10.57 %

Charoen Pokphand Foods PCL'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 )
=12399.4 / 147318.967
=(Revenue - Cost of Goods Sold) / Revenue
=(147318.967 - 134919.576) / 147318.967
=8.42 %

* 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.


Charoen Pokphand Foods PCL  (BKK:CPF) 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

Charoen Pokphand Foods PCL had a gross margin of 8.42% 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.


Charoen Pokphand Foods PCL Gross Margin % Related Terms

Thank you for viewing the detailed overview of Charoen Pokphand Foods PCL's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Charoen Pokphand Foods PCL (BKK:CPF) Business Description

Traded in Other Exchanges
Address
Silom Road, 313 C.P. Tower, Silom, Bangrak, Bangkok, THA, 10500
Charoen Pokphand Foods PCL operates in agro-industrial and integrated food businesses. The group's business operations are located throughout Thailand and overseas. The businesses are divided into two main segments namely the livestock business which comprises chicken, duck and pigs and the aquaculture business comprises shrimp and fish. The two main businesses are vertically integrated, starting from sourcing raw materials for animal feed production, manufacturing animal feed, breeding animals, farming animals for commercial purposes, primary processing meat, producing ready-to-eat food products, and including operating food retail outlets and restaurants.