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Zen Group PCL (BKK:ZEN) Gross Margin % : 42.36% (As of Mar. 2024)


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What is Zen Group PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zen Group PCL's Gross Profit for the three months ended in Mar. 2024 was ฿430 Mil. Zen Group PCL's Revenue for the three months ended in Mar. 2024 was ฿1,014 Mil. Therefore, Zen Group PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 42.36%.

Warning Sign:

Zen Corp Group PCL gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

BKK:ZEN' s Gross Margin % Range Over the Past 10 Years
Min: 22.53   Med: 43.73   Max: 47.74
Current: 42.14


During the past 9 years, the highest Gross Margin % of Zen Group PCL was 47.74%. The lowest was 22.53%. And the median was 43.73%.

BKK:ZEN's Gross Margin % is ranked worse than
58.19% of 342 companies
in the Restaurants industry
Industry Median: 47.36 vs BKK:ZEN: 42.14

Zen Group PCL had a gross margin of 42.36% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zen Group PCL was -1.80% per year.


Zen Group PCL Gross Margin % Historical Data

The historical data trend for Zen Group 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.

Zen Group PCL Gross Margin % Chart

Zen Group PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 47.74 46.18 43.73 45.69 42.81

Zen Group PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 45.27 43.83 43.05 41.05 42.36

Competitive Comparison of Zen Group PCL's Gross Margin %

For the Restaurants subindustry, Zen Group 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.


Zen Group PCL's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Zen Group PCL's Gross Margin % distribution charts can be found below:

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



Zen Group PCL Gross Margin % Calculation

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

Zen Group 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 )
=1676 / 3914.991
=(Revenue - Cost of Goods Sold) / Revenue
=(3914.991 - 2239.023) / 3914.991
=42.81 %

Zen Group 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 )
=429.7 / 1014.357
=(Revenue - Cost of Goods Sold) / Revenue
=(1014.357 - 584.663) / 1014.357
=42.36 %

* 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.


Zen Group PCL  (BKK:ZEN) 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

Zen Group PCL had a gross margin of 42.36% 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.


Zen Group PCL Gross Margin % Related Terms

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Zen Group PCL (BKK:ZEN) Business Description

Traded in Other Exchanges
N/A
Address
662 Soi On Nut 17, Kwang Suanluang, Khet Suanluang, Bangkok, THA, 10250
Zen Corp Group PCL operates restaurants in Japan. It offers Japanese food, ranging from premium sushi and Yakiniku restaurants to contemporary Japanese cafes. The company operates ZEN Japanese Restaurant, Musha, AKA, On the Table and Sushi Cyu. the company operates in only one segment that is the Food business. the majority of the revenue is generated from the sales of food and beverages in Thailand.