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Internet Thailand PCL (BKK:INET-R) Gross Margin % : 51.52% (As of Mar. 2024)


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What is Internet Thailand PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Internet Thailand PCL's Gross Profit for the three months ended in Mar. 2024 was ฿309 Mil. Internet Thailand PCL's Revenue for the three months ended in Mar. 2024 was ฿600 Mil. Therefore, Internet Thailand PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 51.52%.


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

BKK:INET-R' s Gross Margin % Range Over the Past 10 Years
Min: 22.17   Med: 26.86   Max: 53.88
Current: 53.88


During the past 13 years, the highest Gross Margin % of Internet Thailand PCL was 53.88%. The lowest was 22.17%. And the median was 26.86%.

BKK:INET-R's Gross Margin % is ranked better than
62.62% of 2638 companies
in the Software industry
Industry Median: 41.845 vs BKK:INET-R: 53.88

Internet Thailand PCL had a gross margin of 51.52% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Internet Thailand PCL was 16.90% per year.


Internet Thailand PCL Gross Margin % Historical Data

The historical data trend for Internet Thailand 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.

Internet Thailand PCL Gross Margin % Chart

Internet Thailand 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 27.55 29.05 35.51 44.76 52.92

Internet Thailand 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 46.93 50.44 51.36 61.78 51.52

Competitive Comparison of Internet Thailand PCL's Gross Margin %

For the Information Technology Services subindustry, Internet Thailand 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.


Internet Thailand PCL's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Internet Thailand PCL's Gross Margin % distribution charts can be found below:

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



Internet Thailand PCL Gross Margin % Calculation

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

Internet Thailand 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 )
=1105.8 / 2089.511
=(Revenue - Cost of Goods Sold) / Revenue
=(2089.511 - 983.683) / 2089.511
=52.92 %

Internet Thailand 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 )
=309.3 / 600.377
=(Revenue - Cost of Goods Sold) / Revenue
=(600.377 - 291.059) / 600.377
=51.52 %

* 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.


Internet Thailand PCL  (BKK:INET-R) 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

Internet Thailand PCL had a gross margin of 51.52% for the quarter that ended in Mar. 2024 => Durable 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.


Internet Thailand PCL Gross Margin % Related Terms

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


Internet Thailand PCL (BKK:INET-R) Business Description

Traded in Other Exchanges
Address
New Petchburi Road, No. 1768 Thai Summit Tower, 10th - 12th Floors, and the IT Floor, Bangkapi Sub-district, Huay Khwang District, Bangkok, THA, 10310
Internet Thailand PCL is a Thailand based company involved in IT business sector. The company's business is distinguished into groups, which are full Internet access business, data center, business solutions, cloud services, EDC network pool services, and software services. The Internet access business provides full Internet services for home access and business access along with a one-stop service. Its data center provides an Internet data center, which is an information center composed of a security center, disaster recovery center, Web hosting, dedicated server, and co-location. It operates in two business segments which are the Provision of internet access services (Access business); and Integrated services in relation to information and communication technologies (Business solutions).

Internet Thailand PCL (BKK:INET-R) Headlines

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