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Baba Eco Group Bhd (XKLS:03012) Gross Profit : RM15.16 Mil (TTM As of Oct. 2023)


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What is Baba Eco Group Bhd Gross Profit?

Baba Eco Group Bhd's gross profit for the six months ended in Oct. 2023 was RM7.35 Mil. Baba Eco Group Bhd's gross profit for the trailing twelve months (TTM) ended in Oct. 2023 was RM15.16 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Baba Eco Group Bhd's gross profit for the six months ended in Oct. 2023 was RM7.35 Mil. Baba Eco Group Bhd's Revenue for the six months ended in Oct. 2023 was RM17.09 Mil. Therefore, Baba Eco Group Bhd's Gross Margin % for the quarter that ended in Oct. 2023 was 43.00%.

Baba Eco Group Bhd had a gross margin of 43.00% for the quarter that ended in Oct. 2023 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Baba Eco Group Bhd was 51.57%. The lowest was 43.68%. And the median was 46.70%.

Warning Sign:

Baba Eco Group Bhd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


Baba Eco Group Bhd Gross Profit Historical Data

The historical data trend for Baba Eco Group 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.

Baba Eco Group Bhd Gross Profit Chart

Baba Eco Group Bhd Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 15.13 22.66 33.33 20.29 15.16

Baba Eco Group Bhd Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 15.22 11.75 8.54 7.81 7.35

Competitive Comparison of Baba Eco Group Bhd's Gross Profit

For the Home Improvement Retail subindustry, Baba Eco Group 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.


Baba Eco Group Bhd's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baba Eco Group Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Baba Eco Group Bhd's Gross Profit falls into.



Baba Eco Group Bhd Gross Profit Calculation

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

Baba Eco Group Bhd's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )=Revenue - Cost of Goods Sold
=33.905 - 18.743
=15.16

Baba Eco Group Bhd's Gross Profit for the quarter that ended in Oct. 2023 is calculated as

Gross Profit (Q: Oct. 2023 )=Revenue - Cost of Goods Sold
=17.088 - 9.74
=7.35

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM15.16 Mil.

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

Baba Eco Group Bhd's Gross Margin % for the quarter that ended in Oct. 2023 is calculated as

Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=7.35 / 17.088
=43.00 %

* 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.


Baba Eco Group Bhd  (XKLS:03012) 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

Baba Eco Group Bhd had a gross margin of 43.00% for the quarter that ended in Oct. 2023 => Durable competitive advantage


Baba Eco Group Bhd Gross Profit Related Terms

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Baba Eco Group Bhd (XKLS:03012) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1384, Atas Lot 841, MK-1, Jalan Tasek, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, MYS, 14120
Baba Eco Group Bhd is an integrated gardening supplies provider under brand name Baba. The business activities of the group include manufacturing and trading of a diversified range of eco-friendly biodegradable plastic flower pots and planting media; the processing and trading of organic fertilizers and natural pesticides; and the trading of a diversified range of gardening accessories, seeds and agricultural produce. Geographically it serves both Malaysian and other international market.

Baba Eco Group Bhd (XKLS:03012) Headlines

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