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Chememan PCL (BKK:CMAN) Gross Profit : ฿1,199 Mil (TTM As of Mar. 2024)


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What is Chememan PCL Gross Profit?

Chememan PCL's gross profit for the three months ended in Mar. 2024 was ฿401 Mil. Chememan PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿1,199 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chememan PCL's gross profit for the three months ended in Mar. 2024 was ฿401 Mil. Chememan PCL's Revenue for the three months ended in Mar. 2024 was ฿1,044 Mil. Therefore, Chememan PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 38.37%.

Chememan PCL had a gross margin of 38.37% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Chememan PCL was 38.37%. The lowest was 25.69%. And the median was 33.86%.

Warning Sign:

Chememan PCL gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Chememan PCL Gross Profit Historical Data

The historical data trend for Chememan 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.

Chememan PCL Gross Profit Chart

Chememan PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 766.91 712.96 1,016.67 940.46 1,115.62

Chememan 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 335.67 289.81 266.63 241.81 400.77

Competitive Comparison of Chememan PCL's Gross Profit

For the Specialty Chemicals subindustry, Chememan 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.


Chememan PCL's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chememan PCL's Gross Profit distribution charts can be found below:

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



Chememan PCL Gross Profit Calculation

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

Chememan 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
=3505.425 - 2389.802
=1,116

Chememan 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
=1044.445 - 643.673
=401

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 ฿1,199 Mil.

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

Chememan 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
=401 / 1044.445
=38.37 %

* 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.


Chememan PCL  (BKK:CMAN) 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

Chememan PCL had a gross margin of 38.37% for the quarter that ended in Mar. 2024 => Competition eroding margins


Chememan PCL Gross Profit Related Terms

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Chememan PCL (BKK:CMAN) Business Description

Traded in Other Exchanges
N/A
Address
Rajadapisek Road, 195/11-12 Lake Rajada Office Complex 2, 10th-11th Floor, Klongtoey, Bangkok, THA, 10110
Chememan PCL is engaged in the manufacture and distribution of mineral lime products. The company transforms natural resources into basic and specialty chemicals, and synthetic products. The company has a business presence in Thailand and the Overseas market, of which prime revenue is derived from Thailand.

Chememan PCL (BKK:CMAN) Headlines

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