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PM Thoresen Asia Holdings PCL (BKK:PMTA) Gross Profit : ฿562 Mil (TTM As of Jun. 2024)


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What is PM Thoresen Asia Holdings PCL Gross Profit?

PM Thoresen Asia Holdings PCL's gross profit for the three months ended in Jun. 2024 was ฿157 Mil. PM Thoresen Asia Holdings PCL's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ฿562 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PM Thoresen Asia Holdings PCL's gross profit for the three months ended in Jun. 2024 was ฿157 Mil. PM Thoresen Asia Holdings PCL's Revenue for the three months ended in Jun. 2024 was ฿1,151 Mil. Therefore, PM Thoresen Asia Holdings PCL's Gross Margin % for the quarter that ended in Jun. 2024 was 13.62%.

PM Thoresen Asia Holdings PCL had a gross margin of 13.62% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of PM Thoresen Asia Holdings PCL was 19.34%. The lowest was -67.71%. And the median was 12.01%.

Warning Sign:

PM Thoresen Asia Holdings PCL gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


PM Thoresen Asia Holdings PCL Gross Profit Historical Data

The historical data trend for PM Thoresen Asia Holdings PCL'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.

PM Thoresen Asia Holdings PCL Gross Profit Chart

PM Thoresen Asia Holdings PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 330.97 398.76 432.48 509.93 401.02

PM Thoresen Asia Holdings PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 64.98 133.48 190.02 82.12 156.83

Competitive Comparison of PM Thoresen Asia Holdings PCL's Gross Profit

For the Agricultural Inputs subindustry, PM Thoresen Asia Holdings PCL'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.


PM Thoresen Asia Holdings PCL's Gross Profit Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, PM Thoresen Asia Holdings PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where PM Thoresen Asia Holdings PCL's Gross Profit falls into.



PM Thoresen Asia Holdings PCL Gross Profit Calculation

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

PM Thoresen Asia Holdings PCL'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
=3778.824 - 3377.805
=401

PM Thoresen Asia Holdings PCL's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=1151.042 - 994.217
=157

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿562 Mil.

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

PM Thoresen Asia Holdings PCL's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=157 / 1151.042
=13.62 %

* 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.


PM Thoresen Asia Holdings PCL  (BKK:PMTA) 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

PM Thoresen Asia Holdings PCL had a gross margin of 13.62% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


PM Thoresen Asia Holdings PCL Gross Profit Related Terms

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PM Thoresen Asia Holdings PCL Business Description

Traded in Other Exchanges
N/A
Address
Soi Chidlom, Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330
PM Thoresen Asia Holdings PCL along with its subsidiaries is engaged in the manufacturing of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.

PM Thoresen Asia Holdings PCL Headlines

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