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Mikro MSC Bhd (XKLS:0112) Gross Profit : RM16.34 Mil (TTM As of Dec. 2023)


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What is Mikro MSC Bhd Gross Profit?

Mikro MSC Bhd's gross profit for the three months ended in Dec. 2023 was RM4.63 Mil. Mikro MSC Bhd's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was RM16.34 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mikro MSC Bhd's gross profit for the three months ended in Dec. 2023 was RM4.63 Mil. Mikro MSC Bhd's Revenue for the three months ended in Dec. 2023 was RM13.85 Mil. Therefore, Mikro MSC Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 33.40%.

Mikro MSC Bhd had a gross margin of 33.40% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Mikro MSC Bhd was 53.45%. The lowest was 30.91%. And the median was 46.67%.

Warning Sign:

Mikro MSC Bhd gross margin has been in long-term decline. The average rate of decline per year is -8.1%.


Mikro MSC Bhd Gross Profit Historical Data

The historical data trend for Mikro MSC Bhd'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.

Mikro MSC Bhd Gross Profit Chart

Mikro MSC Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.35 16.55 18.17 16.74 18.60

Mikro MSC Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.27 2.21 5.86 3.64 4.63

Competitive Comparison of Mikro MSC Bhd's Gross Profit

For the Electrical Equipment & Parts subindustry, Mikro MSC Bhd'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.


Mikro MSC Bhd's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mikro MSC Bhd's Gross Profit falls into.



Mikro MSC Bhd Gross Profit Calculation

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

Mikro MSC Bhd's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=55.303 - 36.699
=18.60

Mikro MSC Bhd's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=13.849 - 9.224
=4.63

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM16.34 Mil.

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

Mikro MSC 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=4.63 / 13.849
=33.40 %

* 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.


Mikro MSC Bhd  (XKLS:0112) 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

Mikro MSC Bhd had a gross margin of 33.40% for the quarter that ended in Dec. 2023 => Competition eroding margins


Mikro MSC Bhd Gross Profit Related Terms

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Mikro MSC Bhd (XKLS:0112) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jalan Anggerik Mokara, 31/48 Seksyen 31, Kota Kemuning, Shah Alam, SGR, MYS, 40460
Mikro MSC Bhd is engaged in the research, development, and design of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia.

Mikro MSC Bhd (XKLS:0112) Headlines

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