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PT Jaya Real Property Tbk (ISX:JRPT) Gross Margin % : 56.71% (As of Mar. 2024)


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What is PT Jaya Real Property Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Jaya Real Property Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp323,080 Mil. PT Jaya Real Property Tbk's Revenue for the three months ended in Mar. 2024 was Rp569,730 Mil. Therefore, PT Jaya Real Property Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 56.71%.


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

ISX:JRPT' s Gross Margin % Range Over the Past 10 Years
Min: 52.01   Med: 58.07   Max: 61.72
Current: 58.5


During the past 13 years, the highest Gross Margin % of PT Jaya Real Property Tbk was 61.72%. The lowest was 52.01%. And the median was 58.07%.

ISX:JRPT's Gross Margin % is ranked better than
71.11% of 1658 companies
in the Real Estate industry
Industry Median: 36.66 vs ISX:JRPT: 58.50

PT Jaya Real Property Tbk had a gross margin of 56.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Jaya Real Property Tbk was -0.20% per year.


PT Jaya Real Property Tbk Gross Margin % Historical Data

The historical data trend for PT Jaya Real Property 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 Jaya Real Property Tbk Gross Margin % Chart

PT Jaya Real Property 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 57.72 53.13 52.01 57.53 58.42

PT Jaya Real Property Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 56.04 58.54 60.33 58.24 56.71

Competitive Comparison of PT Jaya Real Property Tbk's Gross Margin %

For the Real Estate - Development subindustry, PT Jaya Real Property 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 Jaya Real Property Tbk's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Jaya Real Property Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Jaya Real Property Tbk's Gross Margin % falls into.



PT Jaya Real Property Tbk Gross Margin % Calculation

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

PT Jaya Real Property 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 )
=1462614.4 / 2503645.371
=(Revenue - Cost of Goods Sold) / Revenue
=(2503645.371 - 1041030.981) / 2503645.371
=58.42 %

PT Jaya Real Property Tbk's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=323080.2 / 569729.894
=(Revenue - Cost of Goods Sold) / Revenue
=(569729.894 - 246649.743) / 569729.894
=56.71 %

* 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 Jaya Real Property Tbk  (ISX:JRPT) 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 Jaya Real Property Tbk had a gross margin of 56.71% for the quarter that ended in Mar. 2024 => 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.


PT Jaya Real Property Tbk Gross Margin % Related Terms

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PT Jaya Real Property Tbk (ISX:JRPT) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Bintaro Jaya, CBD Emerald Blok CE/A No. 01, Tangerang, IDN, 15227
PT Jaya Real Property Tbk is a property development company engaged in the development of housing and industrial estate, the development of infrastructure and public facilities, and the provision of supporting services. The company is developing housing and managing property business in the area of Jakarta Selatan and Tangerang which includes land clearance, real estate developments, and tenancy of shopping centers. Its portfolio of properties includes Plaza Bintaro Jaya, Plaza Slipi Jaya, Bintaro Jaya Xchange Mall, BX Rink, BTC and Pasar Modern, and Senen Jaya Wholesale Center, among others. The company operates in two business segments namely, sales of land and buildings and rental and other services. The majority of the revenue is earned from the sales of land and buildings.

PT Jaya Real Property Tbk (ISX:JRPT) Headlines

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