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Tritech Group (SGX:5G9) Gross Margin % : 26.11% (As of Sep. 2023)


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What is Tritech Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tritech Group's Gross Profit for the six months ended in Sep. 2023 was S$3.43 Mil. Tritech Group's Revenue for the six months ended in Sep. 2023 was S$13.15 Mil. Therefore, Tritech Group's Gross Margin % for the quarter that ended in Sep. 2023 was 26.11%.


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

SGX:5G9' s Gross Margin % Range Over the Past 10 Years
Min: -92.16   Med: 18.73   Max: 38.71
Current: 31.98


During the past 13 years, the highest Gross Margin % of Tritech Group was 38.71%. The lowest was -92.16%. And the median was 18.73%.

SGX:5G9's Gross Margin % is ranked better than
72.97% of 1613 companies
in the Construction industry
Industry Median: 19.2 vs SGX:5G9: 31.98

Tritech Group had a gross margin of 26.11% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tritech Group was 0.00% per year.


Tritech Group Gross Margin % Historical Data

The historical data trend for Tritech Group'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.

Tritech Group Gross Margin % Chart

Tritech Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.35 -92.16 22.08 38.71 34.09

Tritech Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 39.15 38.20 30.40 36.91 26.11

Competitive Comparison of Tritech Group's Gross Margin %

For the Engineering & Construction subindustry, Tritech Group'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.


Tritech Group's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tritech Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tritech Group's Gross Margin % falls into.



Tritech Group Gross Margin % Calculation

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

Tritech Group's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=9.4 / 27.546
=(Revenue - Cost of Goods Sold) / Revenue
=(27.546 - 18.156) / 27.546
=34.09 %

Tritech Group's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=3.4 / 13.146
=(Revenue - Cost of Goods Sold) / Revenue
=(13.146 - 9.713) / 13.146
=26.11 %

* 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.


Tritech Group  (SGX:5G9) 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

Tritech Group had a gross margin of 26.11% for the quarter that ended in Sep. 2023 => 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.


Tritech Group Gross Margin % Related Terms

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Tritech Group (SGX:5G9) Business Description

Traded in Other Exchanges
N/A
Address
31 Changi South Avenue 2, Singapore, SGP, 486478
Tritech Group Ltd engaged in providing Specialist Engineering Services. It operates through three segments: Smart Urban Development segment which earns most of the firm's revenue and comprises a one-stop integrated service provider for smart urban development, covering urban planning, site investigation, design and consultancy, engineering survey, instrumentation and monitoring, project management, construction supervision, data collection, big data analytics, artificial intelligence and cloud computing digital platform. Water-related and environmental business, which comprises water treatment consultancy; Corporate business segment which comprises Group-level corporate services and treasury functions; and Other. The company generates most of the revenue from the Engineering business.

Tritech Group (SGX:5G9) Headlines

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