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Selic PCL (BKK:SELIC) Gross Margin % : 31.27% (As of Mar. 2024)


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What is Selic PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Selic PCL's Gross Profit for the three months ended in Mar. 2024 was ฿175 Mil. Selic PCL's Revenue for the three months ended in Mar. 2024 was ฿560 Mil. Therefore, Selic PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 31.27%.


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

BKK:SELIC' s Gross Margin % Range Over the Past 10 Years
Min: 21.87   Med: 25.44   Max: 29.66
Current: 29.29


During the past 9 years, the highest Gross Margin % of Selic PCL was 29.66%. The lowest was 21.87%. And the median was 25.44%.

BKK:SELIC's Gross Margin % is ranked better than
65.63% of 1510 companies
in the Chemicals industry
Industry Median: 22.47 vs BKK:SELIC: 29.29

Selic PCL had a gross margin of 31.27% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Selic PCL was 1.50% per year.


Selic PCL Gross Margin % Historical Data

The historical data trend for Selic 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.

Selic PCL Gross Margin % Chart

Selic PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 24.46 25.44 24.06 21.87 27.10

Selic 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 22.56 27.11 30.17 28.22 31.27

Competitive Comparison of Selic PCL's Gross Margin %

For the Specialty Chemicals subindustry, Selic 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.


Selic PCL's Gross Margin % Distribution in the Chemicals Industry

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

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



Selic PCL Gross Margin % Calculation

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

Selic 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 )
=514 / 1896.35
=(Revenue - Cost of Goods Sold) / Revenue
=(1896.35 - 1382.36) / 1896.35
=27.10 %

Selic 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 )
=175.1 / 560.061
=(Revenue - Cost of Goods Sold) / Revenue
=(560.061 - 384.939) / 560.061
=31.27 %

* 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.


Selic PCL  (BKK:SELIC) 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

Selic PCL had a gross margin of 31.27% 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.


Selic PCL Gross Margin % Related Terms

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Selic PCL (BKK:SELIC) Business Description

Traded in Other Exchanges
N/A
Address
270 Liapkhlongphasicharoenfangtai Road, Nongkhaem, Bangkok, THA, 10160
Selic Corp PCL is engaged in production and distribution of adhesives used in industrial including self-adhesive label and healthcare products for domestic and international markets. It operates in three segments namely Production and distribution of adhesive for industrial use, Production and distribution of self-adhesive labels and Production and distribution of healthcare product.. Geographically, it generates a majority of its revenue within Asia.

Selic PCL (BKK:SELIC) Headlines

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