VIP Gloves Ltd
ASX:VIP
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| MY |
V
|
VIP Gloves Ltd
ASX:VIP
|
53.7m AUD |
Loading...
|
|
| US |
M
|
Medline Inc
NASDAQ:MDLN
|
65.4B USD |
Loading...
|
|
| JP |
|
Hoya Corp
TSE:7741
|
9.8T JPY |
Loading...
|
|
| CH |
|
Alcon AG
SIX:ALC
|
31.5B CHF |
Loading...
|
|
| DK |
|
Coloplast A/S
CSE:COLO B
|
110.6B DKK |
Loading...
|
|
| US |
|
Align Technology Inc
NASDAQ:ALGN
|
13.1B USD |
Loading...
|
|
| CA |
|
Bausch + Lomb Corp
NYSE:BLCO
|
6.3B USD |
Loading...
|
|
| UK |
|
ConvaTec Group PLC
LSE:CTEC
|
4.7B GBP |
Loading...
|
|
| CN |
|
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
|
41.1B CNY |
Loading...
|
|
| JP |
A
|
Asahi Intecc Co Ltd
TSE:7747
|
833.6B JPY |
Loading...
|
|
| US |
|
Lantheus Holdings Inc
NASDAQ:LNTH
|
4.9B USD |
Loading...
|
Market Distribution
| Min | -634.5% |
| 30th Percentile | 14.4% |
| Median | 23.9% |
| 70th Percentile | 35.3% |
| Max | 247.9% |
Other Profitability Ratios
VIP Gloves Ltd
Glance View
VIP Gloves Ltd. engages in the manufacture and sale of nitrile gloves. The company is headquartered in Beranang, Selangor. The Company’s subsidiaries include VIP Glove Sdn Bhd and KLE Products Sdn Bhd. VIP Glove Sdn Bhd is engaged in manufacturing nitrile gloves. Its nitrile gloves are used in a broad spectrum of industries, such as medical & healthcare, food & beverages, electronics, and manufacturing industries. KLE Products Sdn. Bhd. (KLE) is a Malaysian manufacturer of conveyor chain systems and components that service the rubber glove manufacturing industry. KLE manufactures a range of roller conveyor chains and former holder sets according to customer specifications. KLE supplies to various glove manufacturers in Malaysia and overseas with its product set.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for VIP Gloves Ltd is 22.2%, which is in line with its 3-year median of 22.2%.
Over the last 3 years, VIP Gloves Ltd’s Gross Margin has increased from 16.4% to 22.2%. During this period, it reached a low of -62.5% on Dec 31, 2022 and a high of 39.9% on Jun 30, 2021.
