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MKH Bhd (XKLS:6114) Gross Margin % : 24.26% (As of Dec. 2023)


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What is MKH Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MKH Bhd's Gross Profit for the three months ended in Dec. 2023 was RM74 Mil. MKH Bhd's Revenue for the three months ended in Dec. 2023 was RM303 Mil. Therefore, MKH Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 24.26%.

Warning Sign:

MKH Bhd gross margin has been in long-term decline. The average rate of decline per year is -4.2%.


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

XKLS:6114' s Gross Margin % Range Over the Past 10 Years
Min: 23   Med: 32.22   Max: 36.01
Current: 23.55


During the past 13 years, the highest Gross Margin % of MKH Bhd was 36.01%. The lowest was 23.00%. And the median was 32.22%.

XKLS:6114's Gross Margin % is ranked worse than
69.96% of 1658 companies
in the Real Estate industry
Industry Median: 36.66 vs XKLS:6114: 23.55

MKH Bhd had a gross margin of 24.26% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for MKH Bhd was -4.20% per year.


MKH Bhd Gross Margin % Historical Data

The historical data trend for MKH 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.

MKH Bhd Gross Margin % Chart

MKH Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.04 34.20 32.24 30.47 23.00

MKH Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 21.87 24.52 22.82 22.71 24.26

Competitive Comparison of MKH Bhd's Gross Margin %

For the Real Estate - Development subindustry, MKH 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.


MKH Bhd's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MKH Bhd's Gross Margin % distribution charts can be found below:

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



MKH Bhd Gross Margin % Calculation

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

MKH Bhd's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=244.7 / 1063.796
=(Revenue - Cost of Goods Sold) / Revenue
=(1063.796 - 819.124) / 1063.796
=23.00 %

MKH Bhd'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 )
=73.6 / 303.455
=(Revenue - Cost of Goods Sold) / Revenue
=(303.455 - 229.823) / 303.455
=24.26 %

* 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.


MKH Bhd  (XKLS:6114) 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

MKH Bhd had a gross margin of 24.26% 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.


MKH Bhd Gross Margin % Related Terms

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


MKH Bhd (XKLS:6114) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Semenyih, Suite 1, 5th Floor, Wisma MKH, Kajang, SGR, MYS, 43000
MKH Bhd is an investment holding and management service company. The group's principal business segments comprise of Property Development and Construction; Plantation; Hotel and Property Investment; Trading; Manufacturing and Investment holding. It generates maximum revenue from Property Development and Construction segment. Geographically, it derives a majority of its revenue from Malaysia.

MKH Bhd (XKLS:6114) Headlines

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