GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Jasmine Technology Solution PCL (BKK:JTS) » Definitions » Gross Margin %

Jasmine Technology Solution PCL (BKK:JTS) Gross Margin % : 20.46% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Jasmine Technology Solution PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jasmine Technology Solution PCL's Gross Profit for the three months ended in Dec. 2023 was ฿128 Mil. Jasmine Technology Solution PCL's Revenue for the three months ended in Dec. 2023 was ฿626 Mil. Therefore, Jasmine Technology Solution PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 20.46%.

Warning Sign:

Jasmine Technology Solution PCL gross margin has been in long-term decline. The average rate of decline per year is -28.4%.


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

BKK:JTS' s Gross Margin % Range Over the Past 10 Years
Min: 5.04   Med: 40.43   Max: 62.22
Current: 13.08


During the past 13 years, the highest Gross Margin % of Jasmine Technology Solution PCL was 62.22%. The lowest was 5.04%. And the median was 40.43%.

BKK:JTS's Gross Margin % is ranked worse than
92.9% of 352 companies
in the Telecommunication Services industry
Industry Median: 49.06 vs BKK:JTS: 13.08

Jasmine Technology Solution PCL had a gross margin of 20.46% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jasmine Technology Solution PCL was -28.40% per year.


Jasmine Technology Solution PCL Gross Margin % Historical Data

The historical data trend for Jasmine Technology Solution 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.

Jasmine Technology Solution PCL Gross Margin % Chart

Jasmine Technology Solution 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 39.67 18.53 23.68 5.04 13.08

Jasmine Technology Solution PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -39.75 2.22 13.18 15.76 20.46

Competitive Comparison of Jasmine Technology Solution PCL's Gross Margin %

For the Telecom Services subindustry, Jasmine Technology Solution 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.


Jasmine Technology Solution PCL's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Jasmine Technology Solution PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jasmine Technology Solution PCL's Gross Margin % falls into.



Jasmine Technology Solution PCL Gross Margin % Calculation

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

Jasmine Technology Solution 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 )
=308.6 / 2360.065
=(Revenue - Cost of Goods Sold) / Revenue
=(2360.065 - 2051.431) / 2360.065
=13.08 %

Jasmine Technology Solution PCL's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=128 / 625.684
=(Revenue - Cost of Goods Sold) / Revenue
=(625.684 - 497.682) / 625.684
=20.46 %

* 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.


Jasmine Technology Solution PCL  (BKK:JTS) 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

Jasmine Technology Solution PCL had a gross margin of 20.46% for the quarter that ended in Dec. 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.


Jasmine Technology Solution PCL Gross Margin % Related Terms

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


Jasmine Technology Solution PCL (BKK:JTS) Business Description

Traded in Other Exchanges
N/A
Address
Chaengwatana Road, 200 Moo 4, 9th Floor, Jasmine International Tower, Pakkred, Nonthaburi, THA, 11120
Jasmine Technology Solution PCL is a Thailand based company, principally engaged in the design and installation of telecommunication systems, telecom service business, and other businesses. The company leases optic cable networks and provides satellite telecommunications, internet, and satellite-based mobile communication services. It also designs, supplies and installs computer networks including peripheral equipment. The operating segments of the organization are the Telecommunication services segment, Bitcoin mining segment and the Design and installation of telecommunication systems. It also provides Infrastructure-as-a-service and Software-as-a-service.

Jasmine Technology Solution PCL (BKK:JTS) Headlines

No Headlines