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PT Selamat Sempurna Tbk (ISX:SMSM) Gross Margin % : 35.43% (As of Mar. 2024)


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What is PT Selamat Sempurna Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Selamat Sempurna Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp409,738 Mil. PT Selamat Sempurna Tbk's Revenue for the three months ended in Mar. 2024 was Rp1,156,477 Mil. Therefore, PT Selamat Sempurna Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 35.43%.


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

ISX:SMSM' s Gross Margin % Range Over the Past 10 Years
Min: 29.82   Med: 31.55   Max: 36.21
Current: 36.21


During the past 13 years, the highest Gross Margin % of PT Selamat Sempurna Tbk was 36.21%. The lowest was 29.82%. And the median was 31.55%.

ISX:SMSM's Gross Margin % is ranked better than
85.28% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 19.535 vs ISX:SMSM: 36.21

PT Selamat Sempurna Tbk had a gross margin of 35.43% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Selamat Sempurna Tbk was 3.10% per year.


PT Selamat Sempurna Tbk Gross Margin % Historical Data

The historical data trend for PT Selamat Sempurna 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 Selamat Sempurna Tbk Gross Margin % Chart

PT Selamat Sempurna 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 30.28 32.08 32.13 32.79 35.87

PT Selamat Sempurna 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 34.17 34.21 34.17 40.62 35.43

Competitive Comparison of PT Selamat Sempurna Tbk's Gross Margin %

For the Auto Parts subindustry, PT Selamat Sempurna 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 Selamat Sempurna Tbk's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Selamat Sempurna Tbk's Gross Margin % distribution charts can be found below:

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



PT Selamat Sempurna Tbk Gross Margin % Calculation

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

PT Selamat Sempurna 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 )
=1829590 / 5100372
=(Revenue - Cost of Goods Sold) / Revenue
=(5100372 - 3270782) / 5100372
=35.87 %

PT Selamat Sempurna 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 )
=409738 / 1156477
=(Revenue - Cost of Goods Sold) / Revenue
=(1156477 - 746739) / 1156477
=35.43 %

* 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 Selamat Sempurna Tbk  (ISX:SMSM) 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 Selamat Sempurna Tbk had a gross margin of 35.43% 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 Selamat Sempurna Tbk Gross Margin % Related Terms

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


PT Selamat Sempurna Tbk (ISX:SMSM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Pluit Raya I No. 1, Wisma ADR, North Jakarta, IDN, 14440
PT Selamat Sempurna Tbk is an investment holding company. The company's operating segment includes Filter; Radiator; Body Maker; Trading and Others. It generates maximum revenue from the Filter segment. The Filter segment produces and sells filters. It covers Automotive, Commercial, Heavy Equipment, Marine and Industrial for American, European, and Asian applications. The company offers filters, radiators, oil, coolers, condensers, brake pipe, fuel pipes, fuel tanks, exhaust systems, and press parts. Geographically, it derives a majority of revenue from Indonesia.

PT Selamat Sempurna Tbk (ISX:SMSM) Headlines

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