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PT Solusi Bangun Indonesia Tbk (ISX:SMCB) Gross Margin % : 16.96% (As of Mar. 2024)


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What is PT Solusi Bangun Indonesia Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Solusi Bangun Indonesia Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp470,161 Mil. PT Solusi Bangun Indonesia Tbk's Revenue for the three months ended in Mar. 2024 was Rp2,772,818 Mil. Therefore, PT Solusi Bangun Indonesia Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 16.96%.


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

ISX:SMCB' s Gross Margin % Range Over the Past 10 Years
Min: 15.84   Med: 23.54   Max: 29.52
Current: 21.51


During the past 13 years, the highest Gross Margin % of PT Solusi Bangun Indonesia Tbk was 29.52%. The lowest was 15.84%. And the median was 23.54%.

ISX:SMCB's Gross Margin % is ranked worse than
59.41% of 372 companies
in the Building Materials industry
Industry Median: 25.06 vs ISX:SMCB: 21.51

PT Solusi Bangun Indonesia Tbk had a gross margin of 16.96% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Solusi Bangun Indonesia Tbk was 3.90% per year.


PT Solusi Bangun Indonesia Tbk Gross Margin % Historical Data

The historical data trend for PT Solusi Bangun 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 Solusi Bangun Indonesia Tbk Gross Margin % Chart

PT Solusi Bangun Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.09 29.52 25.43 23.91 22.42

PT Solusi Bangun 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 21.05 19.39 24.30 24.09 16.96

Competitive Comparison of PT Solusi Bangun Indonesia Tbk's Gross Margin %

For the Building Materials subindustry, PT Solusi Bangun 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 Solusi Bangun Indonesia Tbk's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Solusi Bangun Indonesia Tbk's Gross Margin % distribution charts can be found below:

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



PT Solusi Bangun Indonesia Tbk Gross Margin % Calculation

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

PT Solusi Bangun 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 )
=2774062 / 12371333
=(Revenue - Cost of Goods Sold) / Revenue
=(12371333 - 9597271) / 12371333
=22.42 %

PT Solusi Bangun 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 )
=470161 / 2772818
=(Revenue - Cost of Goods Sold) / Revenue
=(2772818 - 2302657) / 2772818
=16.96 %

* 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 Solusi Bangun Indonesia Tbk  (ISX:SMCB) 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 Solusi Bangun Indonesia Tbk had a gross margin of 16.96% for the quarter that ended in Mar. 2024 => No sustainable 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 Solusi Bangun Indonesia Tbk Gross Margin % Related Terms

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PT Solusi Bangun Indonesia Tbk (ISX:SMCB) Business Description

Traded in Other Exchanges
Address
Jl. TB Simatupang No. 22-26, Talavera Suite, 15th floor, Talavera Office Park, Jakarta, IDN, 12430
PT Solusi Bangun Indonesia Tbk is a building materials company. The company produces and distributes cement and ready-mixed concrete in three primary segments: Cement, Ready-Mix (RMX) Concrete & Aggregate quarry, and Other construction services. The cement segment generates the vast majority of the revenue. Geographically, it generates the majority of revenue from the domestic market.

PT Solusi Bangun Indonesia Tbk (ISX:SMCB) Headlines

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