PTptausaha Gemilangindah Tbk (ISX:SAGE) Gross Margin % : 52.38% (As of Mar. 2024)

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What is PTptausaha Gemilangindah Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PTptausaha Gemilangindah Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp2,378 Mil. PTptausaha Gemilangindah Tbk's Revenue for the three months ended in Mar. 2024 was Rp4,541 Mil. Therefore, PTptausaha Gemilangindah Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 52.38%.

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

ISX:SAGE' s Gross Margin % Range Over the Past 10 Years
Min: 48 Med: 53.89 Max: 56.77
Current: 53.86

During the past 4 years, the highest Gross Margin % of PTptausaha Gemilangindah Tbk was 56.77%. The lowest was 48.00%. And the median was 53.89%.

ISX:SAGE's Gross Margin % is ranked better than
66.49% of 1656 companies
in the Real Estate industry
Industry Median: 36.73 vs ISX:SAGE: 53.86

PTptausaha Gemilangindah Tbk had a gross margin of 52.38% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PTptausaha Gemilangindah Tbk was 0.00% per year.

PTptausaha Gemilangindah Tbk Gross Margin % Historical Data

The historical data trend for PTptausaha Gemilangindah 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.

PTptausaha Gemilangindah Tbk Gross Margin % Chart

PTptausaha Gemilangindah Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

48.00

53.89

56.77

PTptausaha Gemilangindah Tbk Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial					62.69	60.77	50.08	49.71	52.38

Competitive Comparison of PTptausaha Gemilangindah Tbk's Gross Margin %

For the Real Estate - Development subindustry, PTptausaha Gemilangindah 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.

PTptausaha Gemilangindah Tbk's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PTptausaha Gemilangindah Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PTptausaha Gemilangindah Tbk's Gross Margin % falls into.

PTptausaha Gemilangindah Tbk Gross Margin % Calculation

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

PTptausaha Gemilangindah 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 )
	=	12468.2	/	21963.323
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(21963.323 - 9495.147)	/	21963.323
	=	56.77 %

PTptausaha Gemilangindah 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 )
	=	2378.4	/	4541.059
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4541.059 - 2162.622)	/	4541.059
	=	52.38 %

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.

PTptausaha Gemilangindah Tbk (ISX:SAGE) 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

PTptausaha Gemilangindah Tbk had a gross margin of 52.38% 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.

PTptausaha Gemilangindah Tbk Gross Margin % Related Terms

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PTptausaha Gemilangindah Tbk (ISX:SAGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Saptausaha Gemilangindah Tbk (ISX:SAGE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Millennium Industrial Estate Building, Jl. Kramat Raya No.32-34,, Senen district, Kwitang Village, Jakarta Central, IDN, 10420

Website

https://www.saptagroup.com

PT Saptausaha Gemilangindah Tbk is engaged in the property sector in the residential and commercial sectors, both within the city and outside the city. The projects of the company are Kamala House, Lavana House, Ruko Portico, and others. Its segment includes Property, Planning Services, and Building, and Environmental Management. It generates the majority of its revenue from the Property segment.