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Kunlun Energy Co (Kunlun Energy Co) Gross Margin % : 12.23% (As of Dec. 2023)


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What is Kunlun Energy Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kunlun Energy Co's Gross Profit for the six months ended in Dec. 2023 was $1,547 Mil. Kunlun Energy Co's Revenue for the six months ended in Dec. 2023 was $12,644 Mil. Therefore, Kunlun Energy Co's Gross Margin % for the quarter that ended in Dec. 2023 was 12.23%.

Warning Sign:

Kunlun Energy Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.5%.


The historical rank and industry rank for Kunlun Energy Co's Gross Margin % or its related term are showing as below:

KUNUF' s Gross Margin % Range Over the Past 10 Years
Min: 11.99   Med: 17.29   Max: 33.92
Current: 11.99


During the past 13 years, the highest Gross Margin % of Kunlun Energy Co was 33.92%. The lowest was 11.99%. And the median was 17.29%.

KUNUF's Gross Margin % is ranked worse than
73.3% of 925 companies
in the Oil & Gas industry
Industry Median: 27.82 vs KUNUF: 11.99

Kunlun Energy Co had a gross margin of 12.23% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kunlun Energy Co was -8.50% per year.


Kunlun Energy Co Gross Margin % Historical Data

The historical data trend for Kunlun Energy Co's Gross Margin % 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.

Kunlun Energy Co Gross Margin % Chart

Kunlun Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.63 13.32 13.01 12.20 11.99

Kunlun Energy Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % 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 13.20 12.75 11.68 11.75 12.23

Competitive Comparison of Kunlun Energy Co's Gross Margin %

For the Oil & Gas Refining & Marketing subindustry, Kunlun Energy Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Kunlun Energy Co's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kunlun Energy Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kunlun Energy Co's Gross Margin % falls into.



Kunlun Energy Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Kunlun Energy Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2979 / 24838.8
=(Revenue - Cost of Goods Sold) / Revenue
=(24838.8 - 21859.752) / 24838.8
=11.99 %

Kunlun Energy Co'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 )
=1546.7 / 12644.184
=(Revenue - Cost of Goods Sold) / Revenue
=(12644.184 - 11097.449) / 12644.184
=12.23 %

* 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.


Kunlun Energy Co  (OTCPK:KUNUF) Gross Margin % 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

Kunlun Energy Co had a gross margin of 12.23% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Kunlun Energy Co Gross Margin % Related Terms

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Kunlun Energy Co (Kunlun Energy Co) Business Description

Traded in Other Exchanges
Address
118 Connaught Road West, 39th Floor, Hong Kong, HKG
Kunlun Energy Co Ltd is an integrated oil and gas service company. The firm is engaged in multiple activities which include exploration and production operations at its oils fields located internationally, operating natural gas pipeline mainly providing support services to the oil and gas industry, and offers processing and storage facilities of liquified natural gas(LNG), and sale of sale of LNG and liquified petroleum gas across China. The Group is engaged in a broad range of oil and gas related activities and derives its revenue from its four operating segments: Natural Gas Sales, Sales of LPG, LNG Processing and Terminal and Exploration and Production.

Kunlun Energy Co (Kunlun Energy Co) Headlines

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