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Sunlight Real Estate Investment Trust (HKSE:00435) Gross Profit : HK$639.6 Mil (TTM As of Dec. 2023)


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What is Sunlight Real Estate Investment Trust Gross Profit?

Sunlight Real Estate Investment Trust's gross profit for the six months ended in Dec. 2023 was HK$323.2 Mil. Sunlight Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$639.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sunlight Real Estate Investment Trust's gross profit for the six months ended in Dec. 2023 was HK$323.2 Mil. Sunlight Real Estate Investment Trust's Revenue for the six months ended in Dec. 2023 was HK$419.2 Mil. Therefore, Sunlight Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 77.09%.

Sunlight Real Estate Investment Trust had a gross margin of 77.09% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Sunlight Real Estate Investment Trust was 80.23%. The lowest was 77.67%. And the median was 79.39%.


Sunlight Real Estate Investment Trust Gross Profit Historical Data

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

Sunlight Real Estate Investment Trust Gross Profit Chart

Sunlight Real Estate Investment Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 682.54 684.71 639.65 641.90 623.98

Sunlight Real Estate Investment Trust 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 323.39 318.51 307.56 316.42 323.16

Competitive Comparison of Sunlight Real Estate Investment Trust's Gross Profit

For the REIT - Diversified subindustry, Sunlight Real Estate Investment Trust'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.


Sunlight Real Estate Investment Trust's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Sunlight Real Estate Investment Trust's Gross Profit falls into.



Sunlight Real Estate Investment Trust Gross Profit Calculation

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

Sunlight Real Estate Investment Trust's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=783.272 - 159.296
=624.0

Sunlight Real Estate Investment Trust's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=419.213 - 96.057
=323.2

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$639.6 Mil.

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

Sunlight Real Estate Investment Trust'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
=323.2 / 419.213
=77.09 %

* 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.


Sunlight Real Estate Investment Trust  (HKSE:00435) 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

Sunlight Real Estate Investment Trust had a gross margin of 77.09% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Sunlight Real Estate Investment Trust Gross Profit Related Terms

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Sunlight Real Estate Investment Trust (HKSE:00435) Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 30th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG
Sunlight Real Estate Investment Trust invests in a portfolio of office and retail properties in Hong Kong. The office properties are located in core business areas, including the Central, Wan Chai, and Sheung Wan districts. Properties are also located in decentralized business areas of the city, including North Point, Mong Kok, and Yau Ma Tei. The major office properties include Sunlight Tower, Strand 50, Righteous Centre, and Winsome House Property. The retail properties are located in regional transportation hubs, towns, and urban areas, including Sheung Shui Centre Shopping Arcade, Metro City, and Kwong Wash Plaza. Henderson Sunlight Asset Management is the manager of Sunlight REIT.

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