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Sino Land Co (STU:SNO) Gross Margin % : 39.03% (As of Dec. 2023)


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What is Sino Land Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sino Land Co's Gross Profit for the six months ended in Dec. 2023 was €226 Mil. Sino Land Co's Revenue for the six months ended in Dec. 2023 was €578 Mil. Therefore, Sino Land Co's Gross Margin % for the quarter that ended in Dec. 2023 was 39.03%.


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

STU:SNO' s Gross Margin % Range Over the Past 10 Years
Min: 26.56   Med: 49.21   Max: 61.78
Current: 43.46


During the past 13 years, the highest Gross Margin % of Sino Land Co was 61.78%. The lowest was 26.56%. And the median was 49.21%.

STU:SNO's Gross Margin % is ranked better than
57.86% of 1654 companies
in the Real Estate industry
Industry Median: 36.83 vs STU:SNO: 43.46

Sino Land Co had a gross margin of 39.03% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sino Land Co was -0.60% per year.


Sino Land Co Gross Margin % Historical Data

The historical data trend for Sino Land Co'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.

Sino Land Co Gross Margin % Chart

Sino Land Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.06 58.60 55.14 53.06 45.35

Sino Land Co 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 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 50.83 58.25 43.57 47.43 39.03

Competitive Comparison of Sino Land Co's Gross Margin %

For the Real Estate - Development subindustry, Sino Land Co'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.


Sino Land Co's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Sino Land Co's Gross Margin % falls into.



Sino Land Co Gross Margin % Calculation

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

Sino Land Co'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 )
=635 / 1400.029
=(Revenue - Cost of Goods Sold) / Revenue
=(1400.029 - 765.046) / 1400.029
=45.35 %

Sino Land Co'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 )
=225.6 / 578.019
=(Revenue - Cost of Goods Sold) / Revenue
=(578.019 - 352.444) / 578.019
=39.03 %

* 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.


Sino Land Co  (STU:SNO) 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

Sino Land Co had a gross margin of 39.03% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Sino Land Co Gross Margin % Related Terms

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Sino Land Co (STU:SNO) Business Description

Traded in Other Exchanges
Address
Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Sino Land Co Ltd is a property developer mainly engaged in residential development in Hong Kong. It also holds a portfolio of investment properties in the city, mostly commercial properties adjoining the housing projects it built in the past. Many of its residential projects were developed in joint ventures with government-related entities such as MTR and Urban Renewal Authority. Rental income and property development account for the majority of the earnings, mainly derived from Hong Kong. Hotel and other segments account for the remaining of the earnings. The company is 55% owned by Tsim Sha Tsui Properties, an entity controlled by the estate of the late Mr. Ng Teng Fong, the company's founder.

Sino Land Co (STU:SNO) Headlines

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