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PT Maha Properti Indonesia Tbk (ISX:MPRO) Gross Margin % : 22.93% (As of Mar. 2024)


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What is PT Maha Properti Indonesia Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Maha Properti Indonesia Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp199 Mil. PT Maha Properti Indonesia Tbk's Revenue for the three months ended in Mar. 2024 was Rp868 Mil. Therefore, PT Maha Properti Indonesia Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 22.93%.

Warning Sign:

PT Maha Properti Indonesia Tbk gross margin has been in long-term decline. The average rate of decline per year is -8.9%.


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

ISX:MPRO' s Gross Margin % Range Over the Past 10 Years
Min: 21.36   Med: 40.67   Max: 59.5
Current: 23.61


During the past 9 years, the highest Gross Margin % of PT Maha Properti Indonesia Tbk was 59.50%. The lowest was 21.36%. And the median was 40.67%.

ISX:MPRO's Gross Margin % is ranked worse than
70.09% of 1655 companies
in the Real Estate industry
Industry Median: 36.38 vs ISX:MPRO: 23.61

PT Maha Properti Indonesia Tbk had a gross margin of 22.93% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Maha Properti Indonesia Tbk was -8.90% per year.


PT Maha Properti Indonesia Tbk Gross Margin % Historical Data

The historical data trend for PT Maha Properti Indonesia 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 Maha Properti Indonesia Tbk Gross Margin % Chart

PT Maha Properti Indonesia Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 59.50 54.11 40.67 47.11 21.36

PT Maha Properti Indonesia Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.35 -3.42 29.65 28.61 22.93

Competitive Comparison of PT Maha Properti Indonesia Tbk's Gross Margin %

For the Real Estate - Development subindustry, PT Maha Properti Indonesia 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 Maha Properti Indonesia Tbk's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Maha Properti Indonesia Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Maha Properti Indonesia Tbk's Gross Margin % falls into.



PT Maha Properti Indonesia Tbk Gross Margin % Calculation

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

PT Maha Properti Indonesia 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 )
=1166 / 5458.044
=(Revenue - Cost of Goods Sold) / Revenue
=(5458.044 - 4292.05) / 5458.044
=21.36 %

PT Maha Properti Indonesia 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 )
=199 / 867.964
=(Revenue - Cost of Goods Sold) / Revenue
=(867.964 - 668.967) / 867.964
=22.93 %

* 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 Maha Properti Indonesia Tbk  (ISX:MPRO) 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 Maha Properti Indonesia Tbk had a gross margin of 22.93% for the quarter that ended in Mar. 2024 => 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 Maha Properti Indonesia Tbk Gross Margin % Related Terms

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PT Maha Properti Indonesia Tbk (ISX:MPRO) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav. 27, Mayapada Tower 2, 20th Floor, South Jakarta, Jakarta, IDN, 12920
PT Maha Properti Indonesia Tbk is a property developer. The firm's projects are The Kahyangan, Simprug Signature, The Grand Maja, and Tanjung Layar Beachfront City among others. It operates through Apartment, Office, Building management, and Other segments.

PT Maha Properti Indonesia Tbk (ISX:MPRO) Headlines

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