GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunway Real Estate Investment Trust (XKLS:5176) » Definitions » Gross Margin %

Sunway Real Estate Investment Trust (XKLS:5176) Gross Margin % : 65.30% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Sunway Real Estate Investment Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sunway Real Estate Investment Trust's Gross Profit for the three months ended in Mar. 2024 was RM113.5 Mil. Sunway Real Estate Investment Trust's Revenue for the three months ended in Mar. 2024 was RM173.8 Mil. Therefore, Sunway Real Estate Investment Trust's Gross Margin % for the quarter that ended in Mar. 2024 was 65.30%.


The historical rank and industry rank for Sunway Real Estate Investment Trust's Gross Margin % or its related term are showing as below:

XKLS:5176' s Gross Margin % Range Over the Past 10 Years
Min: 65.46   Med: 67.7   Max: 68.74
Current: 65.46


During the past 13 years, the highest Gross Margin % of Sunway Real Estate Investment Trust was 68.74%. The lowest was 65.46%. And the median was 67.70%.

XKLS:5176's Gross Margin % is ranked worse than
58.41% of 630 companies
in the REITs industry
Industry Median: 68.93 vs XKLS:5176: 65.46

Sunway Real Estate Investment Trust had a gross margin of 65.30% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sunway Real Estate Investment Trust was -0.20% per year.


Sunway Real Estate Investment Trust Gross Margin % Historical Data

The historical data trend for Sunway Real Estate Investment Trust'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.

Sunway Real Estate Investment Trust Gross Margin % Chart

Sunway Real Estate Investment Trust Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.91 68.12 66.87 68.74 66.25

Sunway Real Estate Investment Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 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 68.38 61.99 70.42 64.06 65.30

Competitive Comparison of Sunway Real Estate Investment Trust's Gross Margin %

For the REIT - Retail subindustry, Sunway Real Estate Investment Trust'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.


Sunway Real Estate Investment Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sunway Real Estate Investment Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sunway Real Estate Investment Trust's Gross Margin % falls into.



Sunway Real Estate Investment Trust Gross Margin % Calculation

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

Sunway Real Estate Investment Trust'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 )
=463.2 / 699.18
=(Revenue - Cost of Goods Sold) / Revenue
=(699.18 - 235.979) / 699.18
=66.25 %

Sunway Real Estate Investment Trust'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 )
=113.5 / 173.811
=(Revenue - Cost of Goods Sold) / Revenue
=(173.811 - 60.309) / 173.811
=65.30 %

* 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.


Sunway Real Estate Investment Trust  (XKLS:5176) 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

Sunway Real Estate Investment Trust had a gross margin of 65.30% 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.


Sunway Real Estate Investment Trust Gross Margin % Related Terms

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


Sunway Real Estate Investment Trust (XKLS:5176) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Lagoon Timur, Level 15, Menara Sunway, Bandar Sunway, Subang Jaya, SGR, MYS, 47500
Sunway Real Estate Investment Trust provides unitholders with a diversified portfolio of retail, hospitality, office, and other real estate assets. Sunway REIT divides its property type into four categories: retail, hotel, office, and others. The retail properties, which include shopping malls and hypermarkets, generate the most revenue for the company. The retail properties' tenants include department stores, supermarkets, cinemas, entertainment centers, fashion stores, convention centers, and others. The investment trust focuses on retail and mixed-use assets in cities and townships in Malaysia.

Sunway Real Estate Investment Trust (XKLS:5176) Headlines

No Headlines