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PT Bukit Asam Tbk (PT Bukit Asam Tbk) Gross Margin % : 30.07% (As of Dec. 2023)


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What is PT Bukit Asam Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Bukit Asam Tbk's Gross Profit for the three months ended in Dec. 2023 was $210 Mil. PT Bukit Asam Tbk's Revenue for the three months ended in Dec. 2023 was $697 Mil. Therefore, PT Bukit Asam Tbk's Gross Margin % for the quarter that ended in Dec. 2023 was 30.07%.

Warning Sign:

PT Bukit Asam Tbk gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


The historical rank and industry rank for PT Bukit Asam Tbk's Gross Margin % or its related term are showing as below:

TBNGY' s Gross Margin % Range Over the Past 10 Years
Min: 23.79   Med: 33.13   Max: 46.08
Current: 23.79


During the past 13 years, the highest Gross Margin % of PT Bukit Asam Tbk was 46.08%. The lowest was 23.79%. And the median was 33.13%.

TBNGY's Gross Margin % is ranked worse than
62.3% of 122 companies
in the Other Energy Sources industry
Industry Median: 31.165 vs TBNGY: 23.79

PT Bukit Asam Tbk had a gross margin of 30.07% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Bukit Asam Tbk was -4.30% per year.


PT Bukit Asam Tbk Gross Margin % Historical Data

The historical data trend for PT Bukit Asam Tbk'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.

PT Bukit Asam Tbk Gross Margin % Chart

PT Bukit Asam Tbk 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 34.94 26.36 46.08 42.13 23.79

PT Bukit Asam Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 35.33 20.66 22.93 20.56 30.07

Competitive Comparison of PT Bukit Asam Tbk's Gross Margin %

For the Thermal Coal subindustry, PT Bukit Asam Tbk'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.


PT Bukit Asam Tbk's Gross Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Bukit Asam Tbk's Gross Margin % falls into.



PT Bukit Asam Tbk Gross Margin % Calculation

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

PT Bukit Asam Tbk'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 )
=594 / 2496.683
=(Revenue - Cost of Goods Sold) / Revenue
=(2496.683 - 1902.67) / 2496.683
=23.79 %

PT Bukit Asam Tbk'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 )
=209.7 / 697.409
=(Revenue - Cost of Goods Sold) / Revenue
=(697.409 - 487.671) / 697.409
=30.07 %

* 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 Bukit Asam Tbk  (OTCPK:TBNGY) 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

PT Bukit Asam Tbk had a gross margin of 30.07% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


PT Bukit Asam Tbk Gross Margin % Related Terms

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PT Bukit Asam Tbk (PT Bukit Asam Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, Palembang, IDN, 31716
PT Bukit Asam Tbk is an Indonesia-based company engaged in the coal mining industry and related activities, including general probing, exploration, exploitation, processing, transportation, and trading, managing coal port facilities for own needs or other parties, operating coal-fired power plants for own needs and other parties, and providing consulting and engineering services related to the coal mining industry and its processed products, plantation development, and health services. The company earns a majority of its revenue from Indonesia.

PT Bukit Asam Tbk (PT Bukit Asam Tbk) Headlines

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