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Yeo Hiap Seng (SGX:Y03) Gross Margin % : 32.43% (As of Dec. 2023)


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What is Yeo Hiap Seng Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yeo Hiap Seng's Gross Profit for the six months ended in Dec. 2023 was S$49.2 Mil. Yeo Hiap Seng's Revenue for the six months ended in Dec. 2023 was S$151.7 Mil. Therefore, Yeo Hiap Seng's Gross Margin % for the quarter that ended in Dec. 2023 was 32.43%.


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

SGX:Y03' s Gross Margin % Range Over the Past 10 Years
Min: 28.35   Med: 32.42   Max: 39.93
Current: 32.46


During the past 13 years, the highest Gross Margin % of Yeo Hiap Seng was 39.93%. The lowest was 28.35%. And the median was 32.42%.

SGX:Y03's Gross Margin % is ranked better than
66.33% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.08 vs SGX:Y03: 32.46

Yeo Hiap Seng had a gross margin of 32.43% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Yeo Hiap Seng was -0.80% per year.


Yeo Hiap Seng Gross Margin % Historical Data

The historical data trend for Yeo Hiap Seng'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.

Yeo Hiap Seng Gross Margin % Chart

Yeo Hiap Seng 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 31.64 28.35 29.70 30.00 32.46

Yeo Hiap Seng Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 27.54 30.83 29.14 32.48 32.43

Competitive Comparison of Yeo Hiap Seng's Gross Margin %

For the Packaged Foods subindustry, Yeo Hiap Seng'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.


Yeo Hiap Seng's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yeo Hiap Seng's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Yeo Hiap Seng's Gross Margin % falls into.



Yeo Hiap Seng Gross Margin % Calculation

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

Yeo Hiap Seng'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 )
=108 / 332.742
=(Revenue - Cost of Goods Sold) / Revenue
=(332.742 - 224.741) / 332.742
=32.46 %

Yeo Hiap Seng's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=49.2 / 151.671
=(Revenue - Cost of Goods Sold) / Revenue
=(151.671 - 102.488) / 151.671
=32.43 %

* 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.


Yeo Hiap Seng  (SGX:Y03) 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

Yeo Hiap Seng had a gross margin of 32.43% for the quarter that ended in Dec. 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.


Yeo Hiap Seng Gross Margin % Related Terms

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


Yeo Hiap Seng (SGX:Y03) Business Description

Traded in Other Exchanges
N/A
Address
3 Senoko Way, Singapore, SGP, 758057
Yeo Hiap Seng Ltd is organized in consumer food and beverage products, and other segments. The consumer food and beverage products segment involves the business of manufacture, sale, and distribution of beverages and food products; the Others segment comprise investment property holding, equity investment holding and property development. The company has Singapore, Malaysia. Cambodia and other countries geographic segments. It generates a vast majority of its revenues from the food and beverages segment within Malaysia. The Group is organized into two business segments: Consumer food and beverage products and Others.

Yeo Hiap Seng (SGX:Y03) Headlines

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