PT Harum Energy Tbk (ISX:HRUM) Gross Margin % : 29.31% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is PT Harum Energy Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Harum Energy Tbk's Gross Profit for the three months ended in Dec. 2023 was Rp1,278,972 Mil. PT Harum Energy Tbk's Revenue for the three months ended in Dec. 2023 was Rp4,363,882 Mil. Therefore, PT Harum Energy Tbk's Gross Margin % for the quarter that ended in Dec. 2023 was 29.31%.

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

ISX:HRUM' s Gross Margin % Range Over the Past 10 Years
Min: 18.19 Med: 30.73 Max: 59.87
Current: 41.18

During the past 13 years, the highest Gross Margin % of PT Harum Energy Tbk was 59.87%. The lowest was 18.19%. And the median was 30.73%.

ISX:HRUM's Gross Margin % is ranked better than
72.13% of 122 companies
in the Other Energy Sources industry
Industry Median: 29.98 vs ISX:HRUM: 41.18

PT Harum Energy Tbk had a gross margin of 29.31% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Harum Energy Tbk was 14.50% per year.

PT Harum Energy Tbk Gross Margin % Historical Data

The historical data trend for PT Harum Energy 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 Harum Energy Tbk Gross Margin % Chart

PT Harum Energy Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

25.72

27.40

51.96

59.87

41.32

PT Harum Energy Tbk 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															51.71	55.28	45.80	30.68	29.31

Competitive Comparison of PT Harum Energy Tbk's Gross Margin %

For the Thermal Coal subindustry, PT Harum Energy 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 Harum Energy Tbk's Gross Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Harum Energy Tbk's Gross Margin % distribution charts can be found below:

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

PT Harum Energy Tbk Gross Margin % Calculation

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

PT Harum Energy 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 )
	=	5895106.5	/	14267809.711
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(14267809.711 - 8372703.21)	/	14267809.711
	=	41.32 %

PT Harum Energy Tbk'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 )
	=	1278972.4	/	4363882.179
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4363882.179 - 3084909.747)	/	4363882.179
	=	29.31 %

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 Harum Energy Tbk (ISX:HRUM) 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 Harum Energy Tbk had a gross margin of 29.31% for the quarter that ended in Dec. 2023 => 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.

PT Harum Energy Tbk Gross Margin % Related Terms

Thank you for viewing the detailed overview of PT Harum Energy Tbk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Harum Energy Tbk (ISX:HRUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Harum Energy Tbk (ISX:HRUM) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Jalan Imam Bonjol No. 80, Deutsche Bank Building, 9th Floor, Jakarta Pusat, Jakarta, IDN, 10310

Website

http://www.harumenergy.com

PT Harum Energy Tbk is a holding company primarily engaged in coal mining and logistics business in East Kalimantan, Indonesia. The company's activity is breakdown into various segments which include Coal mining sectors; Rental and service sectors and Other sectors. It serves coal-fired power generating and manufacturing companies. The business of the group is amplifying to the geographical region of South Korea, Taiwan, Malaysia, China, India, Japan, and others of which South Korea accounts for a larger share of the revenue.