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Home Product Center PCL (BKK:HMPRO) Gross Margin % : 26.99% (As of Mar. 2024)


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What is Home Product Center PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Home Product Center PCL's Gross Profit for the three months ended in Mar. 2024 was ฿4,890 Mil. Home Product Center PCL's Revenue for the three months ended in Mar. 2024 was ฿18,115 Mil. Therefore, Home Product Center PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 26.99%.


The historical rank and industry rank for Home Product Center PCL's Gross Margin % or its related term are showing as below:

BKK:HMPRO' s Gross Margin % Range Over the Past 10 Years
Min: 26.26   Med: 27.35   Max: 28.7
Current: 27.45


During the past 13 years, the highest Gross Margin % of Home Product Center PCL was 28.70%. The lowest was 26.26%. And the median was 27.35%.

BKK:HMPRO's Gross Margin % is ranked worse than
67.15% of 1093 companies
in the Retail - Cyclical industry
Industry Median: 36.65 vs BKK:HMPRO: 27.45

Home Product Center PCL had a gross margin of 26.99% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Home Product Center PCL was 0.20% per year.


Home Product Center PCL Gross Margin % Historical Data

The historical data trend for Home Product Center 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.

Home Product Center PCL Gross Margin % Chart

Home Product Center 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 27.25 26.26 26.31 26.98 27.45

Home Product Center PCL 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 26.98 27.08 27.42 28.34 26.99

Competitive Comparison of Home Product Center PCL's Gross Margin %

For the Home Improvement Retail subindustry, Home Product Center 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.


Home Product Center PCL's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Home Product Center PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Home Product Center PCL's Gross Margin % falls into.



Home Product Center PCL Gross Margin % Calculation

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

Home Product Center 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 )
=19261.5 / 70165.542
=(Revenue - Cost of Goods Sold) / Revenue
=(70165.542 - 50904.026) / 70165.542
=27.45 %

Home Product Center 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 )
=4889.8 / 18114.663
=(Revenue - Cost of Goods Sold) / Revenue
=(18114.663 - 13224.861) / 18114.663
=26.99 %

* 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.


Home Product Center PCL  (BKK:HMPRO) 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

Home Product Center PCL had a gross margin of 26.99% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


Home Product Center PCL Gross Margin % Related Terms

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Home Product Center PCL (BKK:HMPRO) Business Description

Traded in Other Exchanges
Address
31 Prachachuennonthaburi Road, Amphoe Muang, Bangkhen, Nonthaburi, THA, 11000
Home Product Center PCL is a Thailand-based company engaged in the sale of home improvement products under the HomePro brand which serves as a One Stop Shopping Home Center. It provides construction, extension, and renovation services in addition to improvement of buildings, houses, and residence. The company operates in Thailand and Malaysia through its HomePro stores and subsidiaries. Maximum revenue is generated from contracts with customers and specifically through the hard line product category. The hard line merchandise category includes tools, paint, home improvement, bathroom and sanitary ware, kitchen, home appliances and electrical equipment. Geographically, it generates the majority of its revenue from Thailand.

Home Product Center PCL (BKK:HMPRO) Headlines

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