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PT Maja Agung Latexindo Tbk (ISX:SURI) Gross Profit : Rp1,708 Mil (TTM As of Mar. 2024)


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What is PT Maja Agung Latexindo Tbk Gross Profit?

PT Maja Agung Latexindo Tbk's gross profit for the three months ended in Mar. 2024 was Rp1,708 Mil. PT Maja Agung Latexindo Tbk's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was Rp1,708 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PT Maja Agung Latexindo Tbk's gross profit for the three months ended in Mar. 2024 was Rp1,708 Mil. PT Maja Agung Latexindo Tbk's Revenue for the three months ended in Mar. 2024 was Rp26,798 Mil. Therefore, PT Maja Agung Latexindo Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 6.37%.

PT Maja Agung Latexindo Tbk had a gross margin of 6.37% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of PT Maja Agung Latexindo Tbk was 18.28%. The lowest was 6.37%. And the median was 16.57%.


PT Maja Agung Latexindo Tbk Gross Profit Historical Data

The historical data trend for PT Maja Agung Latexindo Tbk'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.

PT Maja Agung Latexindo Tbk Gross Profit Chart

PT Maja Agung Latexindo Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
52,276.32 55,631.16 15,361.12 14,934.46

PT Maja Agung Latexindo Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial - - 1,847.60 - 1,708.18

Competitive Comparison of PT Maja Agung Latexindo Tbk's Gross Profit

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo Tbk'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.


PT Maja Agung Latexindo Tbk's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Gross Profit distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Gross Profit falls into.



PT Maja Agung Latexindo Tbk Gross Profit Calculation

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

PT Maja Agung Latexindo Tbk'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
=81718.159 - 66783.701
=14,934

PT Maja Agung Latexindo Tbk's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=26798.366 - 25090.186
=1,708

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 Rp1,708 Mil.

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

PT Maja Agung Latexindo Tbk'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
=1,708 / 26798.366
=6.37 %

* 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.


PT Maja Agung Latexindo Tbk  (ISX:SURI) 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

PT Maja Agung Latexindo Tbk had a gross margin of 6.37% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


PT Maja Agung Latexindo Tbk Gross Profit Related Terms

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PT Maja Agung Latexindo Tbk (ISX:SURI) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan Utama No 98, Desa Pujimulyo, Kecamatan Sunggal, Kabupaten Deli Serdang, Sumatera Utara, IDN, 20352
PT Maja Agung Latexindo Tbk is engaged in the filed of manufacturing, especially producing medical gloves. The business activities of the company is to engage in rubber goods industry to support health needs, including contraceptive covers, pacifiers, compression devices, medical gloves and urinary catheters.

PT Maja Agung Latexindo Tbk (ISX:SURI) Headlines