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Swire Properties (Swire Properties) Gross Profit : $1,328 Mil (TTM As of Dec. 2023)


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What is Swire Properties Gross Profit?

Swire Properties's gross profit for the six months ended in Dec. 2023 was $648 Mil. Swire Properties's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,328 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Swire Properties's gross profit for the six months ended in Dec. 2023 was $648 Mil. Swire Properties's Revenue for the six months ended in Dec. 2023 was $944 Mil. Therefore, Swire Properties's Gross Margin % for the quarter that ended in Dec. 2023 was 68.62%.

Swire Properties had a gross margin of 68.62% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Swire Properties was 74.48%. The lowest was 59.21%. And the median was 67.62%.


Swire Properties Gross Profit Historical Data

The historical data trend for Swire Properties'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.

Swire Properties Gross Profit Chart

Swire Properties 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 1,306.17 1,278.65 1,348.51 1,223.19 1,329.87

Swire Properties 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 629.70 642.07 575.95 680.07 647.78

Competitive Comparison of Swire Properties's Gross Profit

For the Real Estate Services subindustry, Swire Properties'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.


Swire Properties's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Swire Properties's Gross Profit distribution charts can be found below:

* The bar in red indicates where Swire Properties's Gross Profit falls into.



Swire Properties Gross Profit Calculation

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

Swire Properties'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
=1878.409 - 548.541
=1,330

Swire Properties's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=944.07 - 296.294
=648

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 $1,328 Mil.

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

Swire Properties'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
=648 / 944.07
=68.62 %

* 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.


Swire Properties  (OTCPK:SWPFF) 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

Swire Properties had a gross margin of 68.62% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Swire Properties Gross Profit Related Terms

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Swire Properties (Swire Properties) Business Description

Traded in Other Exchanges
Address
88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Swire Properties is a Hong Kong-based property investor, and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of Grade A office contributing more than 9 million square feet. The firm also holds investment properties and development projects in China, the United States and Southeast Asia. Rental income accounts for over 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 82% stake.