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Top Glove Corporation Bhd
KLSE:TOPGLOV

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Top Glove Corporation Bhd
KLSE:TOPGLOV
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Price: 1.24 MYR
Market Cap: 10.2B MYR
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Gross Margin
Top Glove Corporation Bhd

10.6%
Current
8%
Average
47.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
10.6%
=
Gross Profit
265.3m
/
Revenue
2.5B

Gross Margin Across Competitors

Country MY
Market Cap 9.9B MYR
Gross Margin
11%
Country JP
Market Cap 7.1T JPY
Gross Margin
86%
Country CH
Market Cap 37.7B CHF
Gross Margin
55%
Country DK
Market Cap 177.1B DKK
Gross Margin
68%
Country US
Market Cap 16.1B USD
Gross Margin
70%
Country KR
Market Cap 10.5T KRW
Gross Margin
15%
Country CN
Market Cap 51.1B CNY
Gross Margin
72%
Country US
Market Cap 6.5B USD
Gross Margin
65%
Country CA
Market Cap 6.4B USD
Gross Margin
61%
Country UK
Market Cap 4.6B GBP
Gross Margin
56%
Country US
Market Cap 5.6B USD
Gross Margin
47%
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Top Glove Corporation Bhd
Glance View

Market Cap
9.9B MYR
Industry
Health Care

Nestled in the bustling industrial landscape of Malaysia, Top Glove Corporation Bhd has emerged as a pivotal player in the global healthcare supply chain. Founded in 1991 by Tan Sri Dr. Lim Wee Chai, what began as a modest enterprise with a singular production line has transformed into the world's largest manufacturer of gloves. The company’s remarkable journey is powered by its commitment to innovation, stringent quality control, and a relentless drive to expand its production capacity. With operations spanning several countries, Top Glove’s manufacturing capabilities cater to a variety of glove types, including latex, nitrile, and vinyl, addressing the diverse needs of healthcare professionals across the globe. Top Glove operates on a high-volume, low-margin business model, allowing it to thrive in an industry that demands both reliability and cost-effectiveness. The company generates revenue by selling its products to an extensive network of distributors, healthcare institutions, and retailers worldwide. Its strategic approach to cost management and supply chain efficiency enables Top Glove to maintain competitive pricing while ensuring significant profit margins. By continuously investing in technology upgrades and expanding its production facilities, Top Glove ensures it remains at the forefront of the glove manufacturing sector, adeptly navigating the vicissitudes of global health trends and economic cycles.

TOPGLOV Intrinsic Value
0.95 MYR
Overvaluation 24%
Intrinsic Value
Price
T
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
10.6%
=
Gross Profit
265.3m
/
Revenue
2.5B
What is the Gross Margin of Top Glove Corporation Bhd?

Based on Top Glove Corporation Bhd's most recent financial statements, the company has Gross Margin of 10.6%.