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Crown Equities (PHS:CEI) Gross Margin % : 66.90% (As of Mar. 2024)


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What is Crown Equities Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Crown Equities's Gross Profit for the three months ended in Mar. 2024 was ₱20.0 Mil. Crown Equities's Revenue for the three months ended in Mar. 2024 was ₱29.9 Mil. Therefore, Crown Equities's Gross Margin % for the quarter that ended in Mar. 2024 was 66.90%.


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

PHS:CEI' s Gross Margin % Range Over the Past 10 Years
Min: 53.91   Med: 61.59   Max: 68.85
Current: 68.85


During the past 13 years, the highest Gross Margin % of Crown Equities was 68.85%. The lowest was 53.91%. And the median was 61.59%.

PHS:CEI's Gross Margin % is ranked better than
79.88% of 1655 companies
in the Real Estate industry
Industry Median: 36.34 vs PHS:CEI: 68.85

Crown Equities had a gross margin of 66.90% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Crown Equities was 3.90% per year.


Crown Equities Gross Margin % Historical Data

The historical data trend for Crown Equities'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.

Crown Equities Gross Margin % Chart

Crown Equities 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 61.82 63.02 68.30 68.19 68.85

Crown Equities 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 69.69 69.73 68.27 67.76 66.90

Competitive Comparison of Crown Equities's Gross Margin %

For the Real Estate Services subindustry, Crown Equities'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.


Crown Equities's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Crown Equities's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Crown Equities's Gross Margin % falls into.



Crown Equities Gross Margin % Calculation

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

Crown Equities'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 )
=117.3 / 170.429
=(Revenue - Cost of Goods Sold) / Revenue
=(170.429 - 53.084) / 170.429
=68.85 %

Crown Equities'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 )
=20 / 29.912
=(Revenue - Cost of Goods Sold) / Revenue
=(29.912 - 9.9) / 29.912
=66.90 %

* 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.


Crown Equities  (PHS:CEI) 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

Crown Equities had a gross margin of 66.90% 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.


Crown Equities Gross Margin % Related Terms

Thank you for viewing the detailed overview of Crown Equities's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Crown Equities (PHS:CEI) Business Description

Traded in Other Exchanges
N/A
Address
158 N. Garcia corner Jupiter Street, 5th Floor, Crown Center, Bel-Air, Makati, PHL, 1209
Crown Equities Inc is a Philippines-based company engaged in the acquisition, development, and sale of real estate properties and healthcare business by operating ambulatory care clinic. The company's operating segment includes Real Estate; Healthcare Services and Investment Holdings. It generates maximum revenue from the Real Estate segment. The real estate segment involves the acquisition of land, planning, and development of residential communities such as condominium units parking slots, residential lots, and housing units. Its healthcare services segment is involved in delivering outpatient health care services through ambulatory care centers.