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Thai Stanley Electric (Thailand) PCL (BKK:STANLY-R) Gross Margin % : 19.18% (As of Dec. 2023)


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What is Thai Stanley Electric (Thailand) PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Thai Stanley Electric (Thailand) PCL's Gross Profit for the three months ended in Dec. 2023 was ฿692 Mil. Thai Stanley Electric (Thailand) PCL's Revenue for the three months ended in Dec. 2023 was ฿3,607 Mil. Therefore, Thai Stanley Electric (Thailand) PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 19.18%.

Warning Sign:

Thai Stanley Electric (Thailand) PCL gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


The historical rank and industry rank for Thai Stanley Electric (Thailand) PCL's Gross Margin % or its related term are showing as below:

BKK:STANLY-R' s Gross Margin % Range Over the Past 10 Years
Min: 15.14   Med: 18.2   Max: 21.31
Current: 18.1


During the past 13 years, the highest Gross Margin % of Thai Stanley Electric (Thailand) PCL was 21.31%. The lowest was 15.14%. And the median was 18.20%.

BKK:STANLY-R's Gross Margin % is ranked worse than
54.49% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 19.445 vs BKK:STANLY-R: 18.10

Thai Stanley Electric (Thailand) PCL had a gross margin of 19.18% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Thai Stanley Electric (Thailand) PCL was -1.20% per year.


Thai Stanley Electric (Thailand) PCL Gross Margin % Historical Data

The historical data trend for Thai Stanley Electric (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.

Thai Stanley Electric (Thailand) PCL Gross Margin % Chart

Thai Stanley Electric (Thailand) PCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.93 18.55 15.14 18.33 18.06

Thai Stanley Electric (Thailand) 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 16.98 21.10 15.35 16.28 19.18

Competitive Comparison of Thai Stanley Electric (Thailand) PCL's Gross Margin %

For the Auto Parts subindustry, Thai Stanley Electric (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.


Thai Stanley Electric (Thailand) PCL's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Stanley Electric (Thailand) PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Thai Stanley Electric (Thailand) PCL's Gross Margin % falls into.



Thai Stanley Electric (Thailand) PCL Gross Margin % Calculation

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

Thai Stanley Electric (Thailand) PCL's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=2608.7 / 14447.846
=(Revenue - Cost of Goods Sold) / Revenue
=(14447.846 - 11839.1) / 14447.846
=18.06 %

Thai Stanley Electric (Thailand) 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 )
=691.8 / 3607.071
=(Revenue - Cost of Goods Sold) / Revenue
=(3607.071 - 2915.275) / 3607.071
=19.18 %

* 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.


Thai Stanley Electric (Thailand) PCL  (BKK:STANLY-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

Thai Stanley Electric (Thailand) PCL had a gross margin of 19.18% for the quarter that ended in Dec. 2023 => 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.


Thai Stanley Electric (Thailand) PCL Gross Margin % Related Terms

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Thai Stanley Electric (Thailand) PCL (BKK:STANLY-R) Business Description

Traded in Other Exchanges
Address
29/3 Moo 1 Bangpoon-Rungsit Road, Ban Klang Subdistrict, Amphur Muang, Pathum Thani District, Rangsit, THA, 12000
Thai Stanley Electric (Thailand) PCL is a Thailand-based company engaged in the manufacturing and sale of automotive bulbs, lighting equipment, and molds and dies. The company products include head lamp, rear combination lamp, wind screens, front winkers, and rear winkers and others. It generates maximum revenue from the Auto bulbs and automotive lighting equipment.

Thai Stanley Electric (Thailand) PCL (BKK:STANLY-R) Headlines

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