OCK Group Bhd (XKLS:0172) Gross Margin % : 24.80% (As of Sep. 2023)

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What is OCK Group Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. OCK Group Bhd's Gross Profit for the three months ended in Sep. 2023 was RM48.7 Mil. OCK Group Bhd's Revenue for the three months ended in Sep. 2023 was RM196.3 Mil. Therefore, OCK Group Bhd's Gross Margin % for the quarter that ended in Sep. 2023 was 24.80%.

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

XKLS:0172' s Gross Margin % Range Over the Past 10 Years
Min: 21.84 Med: 25.62 Max: 26.62
Current: 23.1

During the past 11 years, the highest Gross Margin % of OCK Group Bhd was 26.62%. The lowest was 21.84%. And the median was 25.62%.

XKLS:0172's Gross Margin % is ranked worse than
82.2% of 354 companies
in the Telecommunication Services industry
Industry Median: 48.97 vs XKLS:0172: 23.10

OCK Group Bhd had a gross margin of 24.80% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for OCK Group Bhd was -0.70% per year.

OCK Group Bhd Gross Margin % Historical Data

The historical data trend for OCK Group Bhd'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.

OCK Group Bhd Gross Margin % Chart

OCK Group Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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26.24

26.62

25.45

23.78

OCK Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial															25.80	20.68	22.62	24.21	24.80

Competitive Comparison of OCK Group Bhd's Gross Margin %

For the Telecom Services subindustry, OCK Group Bhd'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.

OCK Group Bhd's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, OCK Group Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where OCK Group Bhd's Gross Margin % falls into.

OCK Group Bhd Gross Margin % Calculation

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

OCK Group Bhd's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	146.7	/	617.106
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(617.106 - 470.363)	/	617.106
	=	23.78 %

OCK Group Bhd's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	48.7	/	196.254
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(196.254 - 147.579)	/	196.254
	=	24.80 %

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.

OCK Group Bhd (XKLS:0172) 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

OCK Group Bhd had a gross margin of 24.80% for the quarter that ended in Sep. 2023 => 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.

OCK Group Bhd Gross Margin % Related Terms

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OCK Group Bhd (XKLS:0172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » OCK Group Bhd (XKLS:0172) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Jalan Jurunilai U1/20, Seksyen U1, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.ock.com.my

OCK Group Bhd provides telecommunications network services. The company is engaged in the provision of telecommunication services equipped with the ability to provide full turnkey services. The company operates in segments namely Telecommunication Network Services, Green Energy & Power Solutions, Trading, Mechanical & Electrical Engineering Services, and Investment Holding. The majority of the revenue is generated from the Telecommunication Network Services. The company also trades in telecommunication hardware and installation of materials such as antennas, feeder cables, and connectors. The company operates in Malaysia, China, Myanmar, Indonesia, Singapore, and Vietnam, out of which Malaysia accounts for the majority revenue.

OCK Group Bhd (XKLS:0172) Headlines

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