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Dcon Products PCL (BKK:DCON) Gross Margin % : 32.77% (As of Mar. 2024)


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What is Dcon Products PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dcon Products PCL's Gross Profit for the three months ended in Mar. 2024 was ฿104 Mil. Dcon Products PCL's Revenue for the three months ended in Mar. 2024 was ฿316 Mil. Therefore, Dcon Products PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 32.77%.

Warning Sign:

Dcon Products PCL gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


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

BKK:DCON' s Gross Margin % Range Over the Past 10 Years
Min: 28.61   Med: 34.49   Max: 38.5
Current: 32.76


During the past 13 years, the highest Gross Margin % of Dcon Products PCL was 38.50%. The lowest was 28.61%. And the median was 34.49%.

BKK:DCON's Gross Margin % is ranked better than
70.78% of 373 companies
in the Building Materials industry
Industry Median: 24.9 vs BKK:DCON: 32.76

Dcon Products PCL had a gross margin of 32.77% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dcon Products PCL was -2.60% per year.


Dcon Products PCL Gross Margin % Historical Data

The historical data trend for Dcon Products 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.

Dcon Products PCL Gross Margin % Chart

Dcon Products 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 34.30 34.38 30.84 28.61 32.76

Dcon Products 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 31.23 33.45 32.24 34.05 32.77

Competitive Comparison of Dcon Products PCL's Gross Margin %

For the Building Materials subindustry, Dcon Products 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.


Dcon Products PCL's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dcon Products PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dcon Products PCL's Gross Margin % falls into.



Dcon Products PCL Gross Margin % Calculation

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

Dcon Products 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 )
=469.4 / 1433.075
=(Revenue - Cost of Goods Sold) / Revenue
=(1433.075 - 963.669) / 1433.075
=32.76 %

Dcon Products 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 )
=103.6 / 316.114
=(Revenue - Cost of Goods Sold) / Revenue
=(316.114 - 212.528) / 316.114
=32.77 %

* 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.


Dcon Products PCL  (BKK:DCON) 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

Dcon Products PCL had a gross margin of 32.77% 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.


Dcon Products PCL Gross Margin % Related Terms

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


Dcon Products PCL (BKK:DCON) Business Description

Traded in Other Exchanges
N/A
Address
Phaholyothin Road, 3300/57 Chang Tower B Building, 8th Floor, Ladyao, Bangkok, THA, 10900
Dcon Products PCL is engaged in the business of manufacturing and selling construction supplies (precast floor, concrete post, and others), sales of land and lease of real estate in Thailand. The Majority of revenue is derived from sales of construction materials. The group mainly operates in Thailand. The Company is in manufacturing a flat pre-stressed concrete plank under an international quality management system.

Dcon Products PCL (BKK:DCON) Headlines

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