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Asian Sea PCL (BKK:ASIAN) Gross Profit : ฿1,449 Mil (TTM As of Mar. 2024)


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What is Asian Sea PCL Gross Profit?

Asian Sea PCL's gross profit for the three months ended in Mar. 2024 was ฿456 Mil. Asian Sea PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿1,449 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Asian Sea PCL's gross profit for the three months ended in Mar. 2024 was ฿456 Mil. Asian Sea PCL's Revenue for the three months ended in Mar. 2024 was ฿2,608 Mil. Therefore, Asian Sea PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 17.48%.

Asian Sea PCL had a gross margin of 17.48% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Asian Sea PCL was 19.65%. The lowest was 5.57%. And the median was 10.46%.


Asian Sea PCL Gross Profit Historical Data

The historical data trend for Asian Sea PCL's Gross Profit 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.

Asian Sea PCL Gross Profit Chart

Asian Sea PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 652.25 1,392.88 1,864.48 2,027.57 1,202.62

Asian Sea PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 209.42 267.38 394.70 331.13 455.91

Competitive Comparison of Asian Sea PCL's Gross Profit

For the Packaged Foods subindustry, Asian Sea PCL's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Asian Sea PCL's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Sea PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Asian Sea PCL's Gross Profit falls into.



Asian Sea PCL Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Asian Sea PCL's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=9580.88 - 8378.26
=1,203

Asian Sea PCL's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2608.062 - 2152.155
=456

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,449 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Asian Sea PCL'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=456 / 2608.062
=17.48 %

* 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.


Asian Sea PCL  (BKK:ASIAN) Gross Profit 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

Asian Sea PCL had a gross margin of 17.48% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Asian Sea PCL Gross Profit Related Terms

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Asian Sea PCL (BKK:ASIAN) Business Description

Traded in Other Exchanges
N/A
Address
55/2 Moo 2 Rama 2 Road, Bangkrajao, Muang, Samutsakhon, THA, 74000
Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and the provision of cold storage services. The company operates in various segments that include Frozen and packaged food products, Feedstuff, and Other business in cold storage services. The Feedstuff segment earns the maximum revenue for the company. Its product line consists of raw shrimps, cooked shrimps, squids, cuttlefish, octopuses, tuna, and pre-fried, deep-fried, and grilled seafood. It distributes products under the brand names TCC, ASS, Sakura, and Asian Seafood among others. Geographically, it derives a majority of its revenue from the United States of America.

Asian Sea PCL (BKK:ASIAN) Headlines

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