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PT Timah Tbk (PT Timah Tbk) Gross Margin % : 14.36% (As of Mar. 2024)


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What is PT Timah Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Timah Tbk's Gross Profit for the three months ended in Mar. 2024 was $19.2 Mil. PT Timah Tbk's Revenue for the three months ended in Mar. 2024 was $133.4 Mil. Therefore, PT Timah Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 14.36%.


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

PTTMF' s Gross Margin % Range Over the Past 10 Years
Min: 5.55   Med: 12.85   Max: 23.55
Current: 6.02


During the past 13 years, the highest Gross Margin % of PT Timah Tbk was 23.55%. The lowest was 5.55%. And the median was 12.85%.

PTTMF's Gross Margin % is ranked worse than
77.2% of 706 companies
in the Metals & Mining industry
Industry Median: 19.17 vs PTTMF: 6.02

PT Timah Tbk had a gross margin of 14.36% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Timah Tbk was 6.00% per year.


PT Timah Tbk Gross Margin % Historical Data

The historical data trend for PT Timah 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 Timah Tbk Gross Margin % Chart

PT Timah 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 5.91 7.36 23.55 20.20 5.55

PT Timah 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 12.13 6.00 9.80 -5.88 14.36

Competitive Comparison of PT Timah Tbk's Gross Margin %

For the Other Industrial Metals & Mining subindustry, PT Timah 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 Timah Tbk's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Timah Tbk's Gross Margin % distribution charts can be found below:

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



PT Timah Tbk Gross Margin % Calculation

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

PT Timah 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 )
=30.2 / 544.363
=(Revenue - Cost of Goods Sold) / Revenue
=(544.363 - 514.138) / 544.363
=5.55 %

PT Timah 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 )
=19.2 / 133.407
=(Revenue - Cost of Goods Sold) / Revenue
=(133.407 - 114.246) / 133.407
=14.36 %

* 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 Timah Tbk  (OTCPK:PTTMF) 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 Timah Tbk had a gross margin of 14.36% 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 Timah Tbk Gross Margin % Related Terms

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


PT Timah Tbk (PT Timah Tbk) Business Description

Traded in Other Exchanges
Address
Jl. Jenderal Sudirman 51, Bangka Belitung, Pangkal Pinang, IDN, 33121
PT Timah Tbk is engaged in the mining, manufacturing, and exporting of tin. It operates through the following segments: Tin Mining, Industry, Construction, Coal Mining, and Others. The Tin Mining segment delivers smelting services. The industry segment involves tin mining and smelting services. The Construction segment offers workshop, building, and shipping dockyard services. The Coal Mining segment relates to the operations of PT Truba Bara Banyu Enim and PT Tanjung Alam Jaya which are involved in coal mining and trading. The Other segment includes PT Timah Karya Persada Properti and PT Rumah Sakit Bakti Timah which performs property and health services. majority of the firm's revenue gets derived from the Tin mining segment.

PT Timah Tbk (PT Timah Tbk) Headlines

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