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Tien Wah Press Holdings Bhd (XKLS:7374) Gross Margin % : 16.15% (As of Dec. 2023)


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What is Tien Wah Press Holdings Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tien Wah Press Holdings Bhd's Gross Profit for the three months ended in Dec. 2023 was RM11.1 Mil. Tien Wah Press Holdings Bhd's Revenue for the three months ended in Dec. 2023 was RM69.0 Mil. Therefore, Tien Wah Press Holdings Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 16.15%.


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

XKLS:7374' s Gross Margin % Range Over the Past 10 Years
Min: 8.02   Med: 13.51   Max: 21.46
Current: 14.91


During the past 13 years, the highest Gross Margin % of Tien Wah Press Holdings Bhd was 21.46%. The lowest was 8.02%. And the median was 13.51%.

XKLS:7374's Gross Margin % is ranked worse than
86.02% of 987 companies
in the Business Services industry
Industry Median: 34.38 vs XKLS:7374: 14.91

Tien Wah Press Holdings Bhd had a gross margin of 16.15% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tien Wah Press Holdings Bhd was 8.60% per year.


Tien Wah Press Holdings Bhd Gross Margin % Historical Data

The historical data trend for Tien Wah Press Holdings 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.

Tien Wah Press Holdings Bhd Gross Margin % Chart

Tien Wah Press Holdings Bhd 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 8.02 11.58 15.89 10.64 14.90

Tien Wah Press Holdings 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 6.89 14.36 14.09 14.94 16.15

Competitive Comparison of Tien Wah Press Holdings Bhd's Gross Margin %

For the Specialty Business Services subindustry, Tien Wah Press Holdings 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.


Tien Wah Press Holdings Bhd's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tien Wah Press Holdings Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tien Wah Press Holdings Bhd's Gross Margin % falls into.



Tien Wah Press Holdings Bhd Gross Margin % Calculation

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

Tien Wah Press Holdings 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 )
=40.3 / 270.384
=(Revenue - Cost of Goods Sold) / Revenue
=(270.384 - 230.084) / 270.384
=14.90 %

Tien Wah Press Holdings 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 )
=11.1 / 68.978
=(Revenue - Cost of Goods Sold) / Revenue
=(68.978 - 57.84) / 68.978
=16.15 %

* 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.


Tien Wah Press Holdings Bhd  (XKLS:7374) 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

Tien Wah Press Holdings Bhd had a gross margin of 16.15% for the quarter that ended in Dec. 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.


Tien Wah Press Holdings Bhd Gross Margin % Related Terms

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


Tien Wah Press Holdings Bhd (XKLS:7374) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200
Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

Tien Wah Press Holdings Bhd (XKLS:7374) Headlines

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