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Y T Realty Group (HKSE:00075) Gross Profit : HK$1,074 Mil (TTM As of Dec. 2023)


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What is Y T Realty Group Gross Profit?

Y T Realty Group's gross profit for the six months ended in Dec. 2023 was HK$823 Mil. Y T Realty Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,074 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Y T Realty Group's gross profit for the six months ended in Dec. 2023 was HK$823 Mil. Y T Realty Group's Revenue for the six months ended in Dec. 2023 was HK$6,126 Mil. Therefore, Y T Realty Group's Gross Margin % for the quarter that ended in Dec. 2023 was 13.44%.

Y T Realty Group had a gross margin of 13.44% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Y T Realty Group was 99.85%. The lowest was 4.65%. And the median was 96.15%.

Warning Sign:

Y T Realty Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -41.4%.


Y T Realty Group Gross Profit Historical Data

The historical data trend for Y T Realty Group's Gross Profit 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.

Y T Realty Group Gross Profit Chart

Y T Realty Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.62 119.54 431.66 125.94 1,074.06

Y T Realty 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 Profit 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 240.36 201.50 -75.56 250.82 823.24

Competitive Comparison of Y T Realty Group's Gross Profit

For the Real Estate - Development subindustry, Y T Realty Group's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Y T Realty Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Y T Realty Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Y T Realty Group's Gross Profit falls into.



Y T Realty Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Y T Realty Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=7274.368 - 6200.305
=1,074

Y T Realty Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=6126.151 - 5302.911
=823

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,074 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Y T Realty 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=823 / 6126.151
=13.44 %

* 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.


Y T Realty Group  (HKSE:00075) Gross Profit 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

Y T Realty Group had a gross margin of 13.44% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Y T Realty Group Gross Profit Related Terms

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Y T Realty Group (HKSE:00075) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, 25th Floor, China Resources Building, Wanchai, Hong Kong, HKG
Y T Realty Group Ltd is a property investment company. The group is organized into four business segments - The property investment segment invests in properties for rental income and potential capital appreciation. The property development and trading segment comprises the development and trading of properties. The treasury management segment which invests in debt securities and time deposits for earning interest income, and The property management and related services segment. The company carries out its operations in Hong Kong, Mainland China and the United Kingdom out of which the Mainland China contributes the vast majority of revenue.
Executives
Windsor Dynasty Limited 2201 Interest of corporation controlled by you
Cheung Chung Kiu 2201 Interest of corporation controlled by you
Wong Hy Sky 2101 Beneficial owner
Joybeam Global Limited 2201 Interest of corporation controlled by you

Y T Realty Group (HKSE:00075) Headlines

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