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Richy Place 2002 PCL (BKK:RICHY-R) Gross Profit

: ฿254.6 Mil (TTM As of Dec. 2023)
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Richy Place 2002 PCL's gross profit for the three months ended in Dec. 2023 was ฿64.8 Mil. Richy Place 2002 PCL's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ฿254.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Richy Place 2002 PCL's gross profit for the three months ended in Dec. 2023 was ฿64.8 Mil. Richy Place 2002 PCL's Revenue for the three months ended in Dec. 2023 was ฿179.0 Mil. Therefore, Richy Place 2002 PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 36.22%.

Richy Place 2002 PCL had a gross margin of 36.22% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Richy Place 2002 PCL was 39.94%. The lowest was 33.50%. And the median was 36.02%.


Richy Place 2002 PCL Gross Profit Historical Data

The historical data trend for Richy Place 2002 PCL'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.

Richy Place 2002 PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 440.26 304.06 549.36 304.44 265.29

Richy Place 2002 PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only 71.66 45.50 69.15 75.13 64.84

Competitive Comparison

For the Real Estate - Development subindustry, Richy Place 2002 PCL'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.


Richy Place 2002 PCL Gross Profit Distribution

For the Real Estate industry and Real Estate sector, Richy Place 2002 PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Richy Place 2002 PCL's Gross Profit falls into.



Richy Place 2002 PCL Gross Profit Calculation

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

Richy Place 2002 PCL'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
=676.479 - 411.192
=265.3

Richy Place 2002 PCL's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=179.027 - 114.188
=64.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿254.6 Mil.

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

Richy Place 2002 PCL'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
=64.8 / 179.027
=36.22 %

* 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.


Richy Place 2002 PCL  (BKK:RICHY-R) 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

Richy Place 2002 PCL had a gross margin of 36.22% for the quarter that ended in Dec. 2023 => Competition eroding margins


Richy Place 2002 PCL Gross Profit Related Terms

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Richy Place 2002 PCL (BKK:RICHY-R) Business Description

Traded in Other Exchanges
Address
Charansanitwong Road, 7th Floor, 667/15 Ataboon Building, Bangkok Noi District, Arunamarin Sub-district, Bangkok, THA, 10700
Richy Place 2002 PCL is a Thailand based company that operates real estate, contractor and property management services. The principal activity of the company includes the development and sale of property and condominiums. The company operates projects such as The Rich Sathorn-Tasksin, Rich Park Bangson Station, Rich Park Triple Station, Rich Ville Ratchaphruek, The Rich Biz Home Sukhumvit 105, Rich Avenue and Attaboon Office Building among others. All the activities are generally functioned in the region of Thailand and it derives revenue from sales of land and houses and condominium units.

Richy Place 2002 PCL (BKK:RICHY-R) Headlines

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