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Bualuang Office Leasehold REIT (BKK:B-WORK) Gross Margin % : 62.89% (As of Mar. 2024)


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What is Bualuang Office Leasehold REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bualuang Office Leasehold REIT's Gross Profit for the three months ended in Mar. 2024 was ฿85.6 Mil. Bualuang Office Leasehold REIT's Revenue for the three months ended in Mar. 2024 was ฿136.2 Mil. Therefore, Bualuang Office Leasehold REIT's Gross Margin % for the quarter that ended in Mar. 2024 was 62.89%.


The historical rank and industry rank for Bualuang Office Leasehold REIT's Gross Margin % or its related term are showing as below:

BKK:B-WORK' s Gross Margin % Range Over the Past 10 Years
Min: 61.28   Med: 61.61   Max: 63.03
Current: 61.79


During the past 6 years, the highest Gross Margin % of Bualuang Office Leasehold REIT was 63.03%. The lowest was 61.28%. And the median was 61.61%.

BKK:B-WORK's Gross Margin % is ranked worse than
66.83% of 630 companies
in the REITs industry
Industry Median: 68.93 vs BKK:B-WORK: 61.79

Bualuang Office Leasehold REIT had a gross margin of 62.89% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bualuang Office Leasehold REIT was 0.40% per year.


Bualuang Office Leasehold REIT Gross Margin % Historical Data

The historical data trend for Bualuang Office Leasehold REIT'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.

Bualuang Office Leasehold REIT Gross Margin % Chart

Bualuang Office Leasehold REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 61.35 61.42 62.74 63.03 61.79

Bualuang Office Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 62.10 59.63 60.37 65.42 62.89

Competitive Comparison of Bualuang Office Leasehold REIT's Gross Margin %

For the REIT - Office subindustry, Bualuang Office Leasehold REIT'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.


Bualuang Office Leasehold REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bualuang Office Leasehold REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bualuang Office Leasehold REIT's Gross Margin % falls into.



Bualuang Office Leasehold REIT Gross Margin % Calculation

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

Bualuang Office Leasehold REIT'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 )
=375.4 / 607.477
=(Revenue - Cost of Goods Sold) / Revenue
=(607.477 - 232.091) / 607.477
=61.79 %

Bualuang Office Leasehold REIT'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 )
=85.6 / 136.173
=(Revenue - Cost of Goods Sold) / Revenue
=(136.173 - 50.535) / 136.173
=62.89 %

* 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.


Bualuang Office Leasehold REIT  (BKK:B-WORK) 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

Bualuang Office Leasehold REIT had a gross margin of 62.89% 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.


Bualuang Office Leasehold REIT Gross Margin % Related Terms

Thank you for viewing the detailed overview of Bualuang Office Leasehold REIT's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bualuang Office Leasehold REIT (BKK:B-WORK) Business Description

Traded in Other Exchanges
N/A
Address
South Sathorn Road, 175 Sathorn City Tower, 7th, 21st and 26th Floor, Thungmahamek, Sathorn, Bangkok, THA, 10120
Bualuang Office Leasehold REIT is an investment company. The Trust's main operations are derived from rental and service income from investing in properties. Geographically, the company operates in Thailand. Its portfolio covers Tower 1 and Tower 2.

Bualuang Office Leasehold REIT (BKK:B-WORK) Headlines

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