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Southern Cable Group Bhd (XKLS:0225) Gross Margin % : 8.15% (As of Mar. 2024)


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What is Southern Cable Group Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Southern Cable Group Bhd's Gross Profit for the three months ended in Mar. 2024 was RM25 Mil. Southern Cable Group Bhd's Revenue for the three months ended in Mar. 2024 was RM312 Mil. Therefore, Southern Cable Group Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 8.15%.

Warning Sign:

Southern Cable Group Bhd gross margin has been in long-term decline. The average rate of decline per year is -10%.


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

XKLS:0225' s Gross Margin % Range Over the Past 10 Years
Min: 5.9   Med: 8.83   Max: 10.24
Current: 7.61


During the past 8 years, the highest Gross Margin % of Southern Cable Group Bhd was 10.24%. The lowest was 5.90%. And the median was 8.83%.

XKLS:0225's Gross Margin % is ranked worse than
92.8% of 2945 companies
in the Industrial Products industry
Industry Median: 26.54 vs XKLS:0225: 7.61

Southern Cable Group Bhd had a gross margin of 8.15% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Southern Cable Group Bhd was -10.00% per year.


Southern Cable Group Bhd Gross Margin % Historical Data

The historical data trend for Southern Cable Group Bhd'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.

Southern Cable Group Bhd Gross Margin % Chart

Southern Cable Group Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 10.24 9.93 5.95 5.90 7.02

Southern Cable Group Bhd Quarterly Data
Dec17 Dec18 Jun19 Dec19 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 5.69 6.05 6.53 9.22 8.15

Competitive Comparison of Southern Cable Group Bhd's Gross Margin %

For the Electrical Equipment & Parts subindustry, Southern Cable Group Bhd'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.


Southern Cable Group Bhd's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Southern Cable Group Bhd's Gross Margin % distribution charts can be found below:

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



Southern Cable Group Bhd Gross Margin % Calculation

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

Southern Cable Group Bhd'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 )
=73.9 / 1053.081
=(Revenue - Cost of Goods Sold) / Revenue
=(1053.081 - 979.204) / 1053.081
=7.02 %

Southern Cable Group Bhd'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 )
=25.4 / 312.027
=(Revenue - Cost of Goods Sold) / Revenue
=(312.027 - 286.596) / 312.027
=8.15 %

* 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.


Southern Cable Group Bhd  (XKLS:0225) 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

Southern Cable Group Bhd had a gross margin of 8.15% 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.


Southern Cable Group Bhd Gross Margin % Related Terms

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


Southern Cable Group Bhd (XKLS:0225) Business Description

Traded in Other Exchanges
N/A
Address
Lot 42, Jalan Merbau Pulas, Kawasan Perusahaan Kuala Ketil, Kuala Ketil, KDH, MYS, 09300
Southern Cable Group Bhd is a manufacturer of cables and wires. The company's portfolio includes cables and wires used for power distribution and transmission, communications, as well as control and instrumentation applications. The operating segment of the company are Power cables and wires, Communications cables and wires, Control and instrumentation cables and wires and Related products and services. Power cables and wires segment include power cables and wires which are used in electrical systems for the distribution of power. The majority of company's revenue is generated from Power cables and wires segment.

Southern Cable Group Bhd (XKLS:0225) Headlines

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