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Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Gross Margin % : 13.25% (As of Dec. 2021)


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What is Al Seer Marine Supplies & Equipment PJSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Al Seer Marine Supplies & Equipment PJSC's Gross Profit for the six months ended in Dec. 2021 was د.إ82.3 Mil. Al Seer Marine Supplies & Equipment PJSC's Revenue for the six months ended in Dec. 2021 was د.إ620.8 Mil. Therefore, Al Seer Marine Supplies & Equipment PJSC's Gross Margin % for the quarter that ended in Dec. 2021 was 13.25%.


The historical rank and industry rank for Al Seer Marine Supplies & Equipment PJSC's Gross Margin % or its related term are showing as below:


ADX:ASM's Gross Margin % is not ranked *
in the Transportation industry.
Industry Median: 19.96
* Ranked among companies with meaningful Gross Margin % only.

Al Seer Marine Supplies & Equipment PJSC had a gross margin of 13.25% for the quarter that ended in Dec. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Al Seer Marine Supplies & Equipment PJSC was 0.00% per year.


Al Seer Marine Supplies & Equipment PJSC Gross Margin % Historical Data

The historical data trend for Al Seer Marine Supplies & Equipment PJSC'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.

Al Seer Marine Supplies & Equipment PJSC Gross Margin % Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data
Trend Dec20 Dec21
Gross Margin %
11.00 13.25

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
Dec20 Dec21
Gross Margin % 11.00 13.25

Competitive Comparison of Al Seer Marine Supplies & Equipment PJSC's Gross Margin %

For the Marine Shipping subindustry, Al Seer Marine Supplies & Equipment PJSC'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.


Al Seer Marine Supplies & Equipment PJSC's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Al Seer Marine Supplies & Equipment PJSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Al Seer Marine Supplies & Equipment PJSC's Gross Margin % falls into.



Al Seer Marine Supplies & Equipment PJSC Gross Margin % Calculation

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

Al Seer Marine Supplies & Equipment PJSC's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=82.3 / 620.759
=(Revenue - Cost of Goods Sold) / Revenue
=(620.759 - 538.493) / 620.759
=13.25 %

Al Seer Marine Supplies & Equipment PJSC's Gross Margin for the quarter that ended in Dec. 2021 is calculated as


Gross Margin % (Q: Dec. 2021 )=Gross Profit (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=82.3 / 620.759
=(Revenue - Cost of Goods Sold) / Revenue
=(620.759 - 538.493) / 620.759
=13.25 %

* 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.


Al Seer Marine Supplies & Equipment PJSC  (ADX:ASM) 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

Al Seer Marine Supplies & Equipment PJSC had a gross margin of 13.25% for the quarter that ended in Dec. 2021 => 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.


Al Seer Marine Supplies & Equipment PJSC Gross Margin % Related Terms

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Al Seer Marine Supplies & Equipment PJSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE
Al Seer Marine Supplies & Equipment PJSC is a marine company in the Arabian maritime region, with a portfolio of services that caters to all needs of boat owners, managers and crew. The services of the company include Boat Building, Maintenance Services, Yacht Management, Training Institute, and Maintenance services among others.