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PT Arkora Hydro Tbk (ISX:ARKO) Gross Margin % : 46.31% (As of Mar. 2024)


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What is PT Arkora Hydro Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Arkora Hydro Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp21,256 Mil. PT Arkora Hydro Tbk's Revenue for the three months ended in Mar. 2024 was Rp45,896 Mil. Therefore, PT Arkora Hydro Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 46.31%.


The historical rank and industry rank for PT Arkora Hydro Tbk's Gross Margin % or its related term are showing as below:

ISX:ARKO' s Gross Margin % Range Over the Past 10 Years
Min: 34.24   Med: 46.45   Max: 55.96
Current: 42.8


During the past 6 years, the highest Gross Margin % of PT Arkora Hydro Tbk was 55.96%. The lowest was 34.24%. And the median was 46.45%.

ISX:ARKO's Gross Margin % is ranked better than
57.39% of 399 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.23 vs ISX:ARKO: 42.80

PT Arkora Hydro Tbk had a gross margin of 46.31% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Arkora Hydro Tbk was 3.40% per year.


PT Arkora Hydro Tbk Gross Margin % Historical Data

The historical data trend for PT Arkora Hydro Tbk'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.

PT Arkora Hydro Tbk Gross Margin % Chart

PT Arkora Hydro Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 34.24 55.96 55.00 51.28 41.37

PT Arkora Hydro Tbk Quarterly Data
Dec18 Dec19 Dec20 Nov21 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 41.68 27.92 73.31 32.90 46.31

Competitive Comparison of PT Arkora Hydro Tbk's Gross Margin %

For the Utilities - Renewable subindustry, PT Arkora Hydro Tbk'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.


PT Arkora Hydro Tbk's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Arkora Hydro Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Arkora Hydro Tbk's Gross Margin % falls into.



PT Arkora Hydro Tbk Gross Margin % Calculation

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

PT Arkora Hydro Tbk'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 )
=73968.4 / 178790.287
=(Revenue - Cost of Goods Sold) / Revenue
=(178790.287 - 104821.918) / 178790.287
=41.37 %

PT Arkora Hydro Tbk'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 )
=21255.8 / 45896.317
=(Revenue - Cost of Goods Sold) / Revenue
=(45896.317 - 24640.562) / 45896.317
=46.31 %

* 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.


PT Arkora Hydro Tbk  (ISX:ARKO) 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

PT Arkora Hydro Tbk had a gross margin of 46.31% 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.


PT Arkora Hydro Tbk Gross Margin % Related Terms

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PT Arkora Hydro Tbk (ISX:ARKO) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 52-53, Lot 28 SCBD, 21st Floor Unit C & D, Office 8 Building, Jakarta, IDN, 12190
PT Arkora Hydro Tbk is dedicated to the development and operation of hydropower plants in Indonesia. It owns and develops hydropower plant facilities that operate in a run-of-river fashion throughout Indonesia. The run-of-river hydropower plant is the type of power plant whereby little or no water storage is needed. Several projects of the company are: Cikopo MHPP; Tomasa MHPP; Yaentu MHPP and Kukusan 2 MHPP. The Company consists of three reportable segments: the 7.4 MW mini hydro powerplant in Cikopo (West Java), the 10 MW mini hydro power plant in Tomasa (Sulawesi Tengah), and the 10 MW mini hydro power plant in Yaentu (Central Sulawesi).