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Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Gross Margin % : 23.66% (As of Mar. 2024)


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What is Al Hassan Ghazi Ibrahim Shaker Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Al Hassan Ghazi Ibrahim Shaker's Gross Profit for the three months ended in Mar. 2024 was ﷼98 Mil. Al Hassan Ghazi Ibrahim Shaker's Revenue for the three months ended in Mar. 2024 was ﷼413 Mil. Therefore, Al Hassan Ghazi Ibrahim Shaker's Gross Margin % for the quarter that ended in Mar. 2024 was 23.66%.


The historical rank and industry rank for Al Hassan Ghazi Ibrahim Shaker's Gross Margin % or its related term are showing as below:

SAU:1214' s Gross Margin % Range Over the Past 10 Years
Min: 12.91   Med: 22.21   Max: 30.13
Current: 25.21


During the past 13 years, the highest Gross Margin % of Al Hassan Ghazi Ibrahim Shaker was 30.13%. The lowest was 12.91%. And the median was 22.21%.

SAU:1214's Gross Margin % is ranked better than
51.64% of 2438 companies
in the Hardware industry
Industry Median: 24.415 vs SAU:1214: 25.21

Al Hassan Ghazi Ibrahim Shaker had a gross margin of 23.66% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Al Hassan Ghazi Ibrahim Shaker was 12.30% per year.


Al Hassan Ghazi Ibrahim Shaker Gross Margin % Historical Data

The historical data trend for Al Hassan Ghazi Ibrahim Shaker'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.

Al Hassan Ghazi Ibrahim Shaker Gross Margin % Chart

Al Hassan Ghazi Ibrahim Shaker Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.76 20.97 21.50 22.91 25.70

Al Hassan Ghazi Ibrahim Shaker 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 25.13 24.15 25.21 28.92 23.66

Competitive Comparison of Al Hassan Ghazi Ibrahim Shaker's Gross Margin %

For the Electronics & Computer Distribution subindustry, Al Hassan Ghazi Ibrahim Shaker'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.


Al Hassan Ghazi Ibrahim Shaker's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Al Hassan Ghazi Ibrahim Shaker's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Al Hassan Ghazi Ibrahim Shaker's Gross Margin % falls into.



Al Hassan Ghazi Ibrahim Shaker Gross Margin % Calculation

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

Al Hassan Ghazi Ibrahim Shaker'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 )
=317.8 / 1236.237
=(Revenue - Cost of Goods Sold) / Revenue
=(1236.237 - 918.474) / 1236.237
=25.70 %

Al Hassan Ghazi Ibrahim Shaker'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 )
=97.8 / 413.242
=(Revenue - Cost of Goods Sold) / Revenue
=(413.242 - 315.473) / 413.242
=23.66 %

* 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.


Al Hassan Ghazi Ibrahim Shaker  (SAU:1214) 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

Al Hassan Ghazi Ibrahim Shaker had a gross margin of 23.66% 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.


Al Hassan Ghazi Ibrahim Shaker Gross Margin % Related Terms

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Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Near the Raval Tower, P.O.Box 5124, Shaker Group Building, Alsahafa District, Riyadh, SAU, 11422
Al Hassan Ghazi Ibrahim Shaker is engaged in the trading and wholesale parts, electronic equipment, household equipment and air-conditioners, and maintenance. It also provides agency services for companies in the same business. The company trades for the brands like LG, maytag, Ariston, Indesit, Midea, and Kitchen aid.

Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Headlines

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