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MISR Chemical Industries (CAI:MICH) Gross Margin % : 46.79% (As of Mar. 2021)


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What is MISR Chemical Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MISR Chemical Industries's Gross Profit for the three months ended in Mar. 2021 was E£166.6 Mil. MISR Chemical Industries's Revenue for the three months ended in Mar. 2021 was E£356.0 Mil. Therefore, MISR Chemical Industries's Gross Margin % for the quarter that ended in Mar. 2021 was 46.79%.


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


CAI:MICH's Gross Margin % is not ranked *
in the Chemicals industry.
Industry Median: 22.355
* Ranked among companies with meaningful Gross Margin % only.

MISR Chemical Industries had a gross margin of 46.79% for the quarter that ended in Mar. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MISR Chemical Industries was 0.00% per year.


MISR Chemical Industries Gross Margin % Historical Data

The historical data trend for MISR Chemical Industries'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.

MISR Chemical Industries Gross Margin % Chart

MISR Chemical Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Get a 7-Day Free Trial - - - 28.38 48.88

MISR Chemical Industries Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 30.85 48.85 28.61 45.48 46.79

Competitive Comparison of MISR Chemical Industries's Gross Margin %

For the Chemicals subindustry, MISR Chemical Industries'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.


MISR Chemical Industries's Gross Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where MISR Chemical Industries's Gross Margin % falls into.



MISR Chemical Industries Gross Margin % Calculation

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

MISR Chemical Industries's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=121.5 / 248.635
=(Revenue - Cost of Goods Sold) / Revenue
=(248.635 - 127.095) / 248.635
=48.88 %

MISR Chemical Industries's Gross Margin for the quarter that ended in Mar. 2021 is calculated as


Gross Margin % (Q: Mar. 2021 )=Gross Profit (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=166.6 / 356.015
=(Revenue - Cost of Goods Sold) / Revenue
=(356.015 - 189.431) / 356.015
=46.79 %

* 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.


MISR Chemical Industries  (CAI:MICH) 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

MISR Chemical Industries had a gross margin of 46.79% for the quarter that ended in Mar. 2021 => 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.


MISR Chemical Industries Gross Margin % Related Terms

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MISR Chemical Industries (CAI:MICH) Business Description

Traded in Other Exchanges
N/A
Address
Almaks, Alexandria, EGY
MISR Chemical Industries Ltd manufactures chemical products. Its product portfolio comprises of Compressed hydrogen gas, Liquid chlorine, Liquid caustic soda, Sodium hypochlorite, Soda caustic soda and hydrochloric acid.

MISR Chemical Industries (CAI:MICH) Headlines

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