Centuria Capital Group (ASX:CNI) Gross Margin % : 79.27% (As of Dec. 2023)

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What is Centuria Capital Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Centuria Capital Group's Gross Profit for the six months ended in Dec. 2023 was A$90.0 Mil. Centuria Capital Group's Revenue for the six months ended in Dec. 2023 was A$113.5 Mil. Therefore, Centuria Capital Group's Gross Margin % for the quarter that ended in Dec. 2023 was 79.27%.

Warning Sign:

Centuria Capital Group gross margin has been in long-term decline. The average rate of decline per year is -3.7%.

The historical rank and industry rank for Centuria Capital Group's Gross Margin % or its related term are showing as below:

ASX:CNI' s Gross Margin % Range Over the Past 10 Years
Min: 43.98 Med: 80.87 Max: 92.61
Current: 66.51

During the past 13 years, the highest Gross Margin % of Centuria Capital Group was 92.61%. The lowest was 43.98%. And the median was 80.87%.

ASX:CNI's Gross Margin % is ranked worse than
55.25% of 628 companies
in the REITs industry
Industry Median: 68.875 vs ASX:CNI: 66.51

Centuria Capital Group had a gross margin of 79.27% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Centuria Capital Group was -3.70% per year.

Centuria Capital Group Gross Margin % Historical Data

The historical data trend for Centuria Capital Group'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.

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Centuria Capital Group Gross Margin % Chart

Centuria Capital Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

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89.92

80.82

71.42

92.61

69.78

Centuria Capital Group 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															95.42	90.21	86.08	58.65	79.27

Competitive Comparison of Centuria Capital Group's Gross Margin %

For the REIT - Diversified subindustry, Centuria Capital Group'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.

Centuria Capital Group's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Centuria Capital Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Centuria Capital Group's Gross Margin % falls into.

Centuria Capital Group Gross Margin % Calculation

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

Centuria Capital Group's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	216.4	/	310.107
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(310.107 - 93.705)	/	310.107
	=	69.78 %

Centuria Capital Group'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 )
	=	90	/	113.502
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(113.502 - 23.533)	/	113.502
	=	79.27 %

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.

Centuria Capital Group (ASX:CNI) 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

Centuria Capital Group had a gross margin of 79.27% for the quarter that ended in Dec. 2023 => Durable 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.

Centuria Capital Group Gross Margin % Related Terms

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Centuria Capital Group (ASX:CNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centuria Capital Group (ASX:CNI) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Chifley Square, Level 41, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.centuria.com.au

Centuria Capital Group runs retail, wholesale, and institutional property investments. Assets are roughly one third each in office, industrial, and another third in retail, healthcare, agricultural property, and real estate finance. About one third of FUM is in listed REITs, a third in unlisted wholesale funds, and nearly another third in unlisted retail funds and a small amount in institutional vehicles. The group's AUD 21 billion in FUM grew rapidly from less than AUD 5 billion in FUM in 2018. Acquisitions of Augusta Capital, 360 Capital, PrimeWest, and others supercharged FUM growth. Centuria's main revenue sources are management fees on its funds, development profits, and rental income from co-investments in its funds. Centuria is the largest securityholder in its listed REITs.