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Aurora Italia International Bhd (XKLS:03037) Gross Margin % : 8.99% (As of Sep. 2023)


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What is Aurora Italia International Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aurora Italia International Bhd's Gross Profit for the six months ended in Sep. 2023 was RM5.3 Mil. Aurora Italia International Bhd's Revenue for the six months ended in Sep. 2023 was RM59.4 Mil. Therefore, Aurora Italia International Bhd's Gross Margin % for the quarter that ended in Sep. 2023 was 8.99%.

Warning Sign:

Aurora Italia International Bhd gross margin has been in long-term decline. The average rate of decline per year is -20.2%.


The historical rank and industry rank for Aurora Italia International Bhd's Gross Margin % or its related term are showing as below:

XKLS:03037' s Gross Margin % Range Over the Past 10 Years
Min: 8.55   Med: 23.25   Max: 66.67
Current: 8.55


During the past 7 years, the highest Gross Margin % of Aurora Italia International Bhd was 66.67%. The lowest was 8.55%. And the median was 23.25%.

XKLS:03037's Gross Margin % is not ranked
in the Retail - Cyclical industry.
Industry Median: 36.675 vs XKLS:03037: 8.55

Aurora Italia International Bhd had a gross margin of 8.99% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aurora Italia International Bhd was -20.20% per year.


Aurora Italia International Bhd Gross Margin % Historical Data

The historical data trend for Aurora Italia International 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.

Aurora Italia International Bhd Gross Margin % Chart

Aurora Italia International Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 35.73 40.60 22.64 13.74 9.60

Aurora Italia International Bhd Semi-Annual Data
Mar17 Mar18 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 12.92 14.65 11.36 8.27 8.99

Competitive Comparison of Aurora Italia International Bhd's Gross Margin %

For the Luxury Goods subindustry, Aurora Italia International 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.


Aurora Italia International Bhd's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aurora Italia International Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aurora Italia International Bhd's Gross Margin % falls into.



Aurora Italia International Bhd Gross Margin % Calculation

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

Aurora Italia International Bhd'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 )
=15.3 / 159.219
=(Revenue - Cost of Goods Sold) / Revenue
=(159.219 - 143.936) / 159.219
=9.60 %

Aurora Italia International Bhd'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 )
=5.3 / 59.358
=(Revenue - Cost of Goods Sold) / Revenue
=(59.358 - 54.02) / 59.358
=8.99 %

* 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.


Aurora Italia International Bhd  (XKLS:03037) 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

Aurora Italia International Bhd had a gross margin of 8.99% for the quarter that ended in Sep. 2023 => 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.


Aurora Italia International Bhd Gross Margin % Related Terms

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


Aurora Italia International Bhd (XKLS:03037) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot 21, Technoplex Medan Bayan Lepas, Taman Perindustrian Bayan Lepas Phase IV, Bayan Lepas, PNG, MYS, 11900
Aurora Italia International Bhd is engaged in the trade of jewellery and dealers in all kinds of premium jewellery. The company produces its own designs of fine Sterling Silver jewellery with Preciosa Cubic Zirconia as the ingredient partner under worldwide patented brand names such as Auroses Collection and Licensed Partner with Disney, Marvel, Warner's Bros. and many more. Other than fine jewellery, AURORA ITALIA has developed various themes of 24K 1g Gold Bar for collection or investment. AURORA ITALIA has a footprint across the globe covering Malaysia, China, Indonesia, Singapore, Europe, the USA, and the UAE.

Aurora Italia International Bhd (XKLS:03037) Headlines

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