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Nok Airlines PCL (Nok Airlines PCL) Gross Margin % : 12.07% (As of Jun. 2023)


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What is Nok Airlines PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nok Airlines PCL's Gross Profit for the six months ended in Jun. 2023 was $15.5 Mil. Nok Airlines PCL's Revenue for the six months ended in Jun. 2023 was $128.3 Mil. Therefore, Nok Airlines PCL's Gross Margin % for the quarter that ended in Jun. 2023 was 12.07%.

Warning Sign:

Nok Airlines PCL gross margin has been in long-term decline. The average rate of decline per year is -40.6%.


The historical rank and industry rank for Nok Airlines PCL's Gross Margin % or its related term are showing as below:

NOKPF' s Gross Margin % Range Over the Past 10 Years
Min: -105.43   Med: -10.95   Max: 15.22
Current: 3.96


During the past 13 years, the highest Gross Margin % of Nok Airlines PCL was 15.22%. The lowest was -105.43%. And the median was -10.95%.

NOKPF's Gross Margin % is ranked worse than
91.55% of 947 companies
in the Transportation industry
Industry Median: 20.12 vs NOKPF: 3.96

Nok Airlines PCL had a gross margin of 12.07% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nok Airlines PCL was -40.60% per year.


Nok Airlines PCL Gross Margin % Historical Data

The historical data trend for Nok Airlines PCL'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.

Nok Airlines PCL Gross Margin % Chart

Nok Airlines PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.09 -8.51 -13.38 -105.43 -24.78

Nok Airlines PCL Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -95.18 -117.36 -62.55 -4.07 12.07

Competitive Comparison of Nok Airlines PCL's Gross Margin %

For the Airlines subindustry, Nok Airlines PCL'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.


Nok Airlines PCL's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nok Airlines PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nok Airlines PCL's Gross Margin % falls into.



Nok Airlines PCL Gross Margin % Calculation

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

Nok Airlines PCL's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-50 / 201.727
=(Revenue - Cost of Goods Sold) / Revenue
=(201.727 - 251.709) / 201.727
=-24.78 %

Nok Airlines PCL's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=15.5 / 128.338
=(Revenue - Cost of Goods Sold) / Revenue
=(128.338 - 112.851) / 128.338
=12.07 %

* 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.


Nok Airlines PCL  (OTCPK:NOKPF) 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

Nok Airlines PCL had a gross margin of 12.07% for the quarter that ended in Jun. 2023 => 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.


Nok Airlines PCL Gross Margin % Related Terms

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Nok Airlines PCL (Nok Airlines PCL) Business Description

Traded in Other Exchanges
N/A
Address
Vibhavadi Rangsit Road, Central Building, Room No. 4235, 4th Floor, 222 Don Mueang International Airport, Sanambin Sub-district, Don Mueang District, Bangkok, THA, 10210
Nok Airlines PCL is a Thailand-based company. It is engaged in providing air transport services for passengers. The company operates in two business segments which is Domestic Air Services and International Air Services. The Domestic Air Services business segment generates the maximum revenue for the company.

Nok Airlines PCL (Nok Airlines PCL) Headlines

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