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LH Hotel Leasehold Real Estate Investment Trust (BKK:LHHOTEL) Gross Margin % : 95.68% (As of Mar. 2024)


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What is LH Hotel Leasehold Real Estate Investment Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. LH Hotel Leasehold Real Estate Investment Trust's Gross Profit for the three months ended in Mar. 2024 was ฿565 Mil. LH Hotel Leasehold Real Estate Investment Trust's Revenue for the three months ended in Mar. 2024 was ฿591 Mil. Therefore, LH Hotel Leasehold Real Estate Investment Trust's Gross Margin % for the quarter that ended in Mar. 2024 was 95.68%.


The historical rank and industry rank for LH Hotel Leasehold Real Estate Investment Trust's Gross Margin % or its related term are showing as below:

BKK:LHHOTEL' s Gross Margin % Range Over the Past 10 Years
Min: -7.83   Med: 94.93   Max: 97.45
Current: 95.28


During the past 9 years, the highest Gross Margin % of LH Hotel Leasehold Real Estate Investment Trust was 97.45%. The lowest was -7.83%. And the median was 94.93%.

BKK:LHHOTEL's Gross Margin % is ranked better than
93.35% of 632 companies
in the REITs industry
Industry Median: 68.695 vs BKK:LHHOTEL: 95.28

LH Hotel Leasehold Real Estate Investment Trust had a gross margin of 95.68% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for LH Hotel Leasehold Real Estate Investment Trust was 0.00% per year.


LH Hotel Leasehold Real Estate Investment Trust Gross Margin % Historical Data

The historical data trend for LH Hotel Leasehold Real Estate Investment Trust'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.

LH Hotel Leasehold Real Estate Investment Trust Gross Margin % Chart

LH Hotel Leasehold Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 94.87 84.69 -7.83 90.89 94.98

LH Hotel Leasehold Real Estate Investment Trust 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 94.72 91.86 95.45 96.78 95.68

Competitive Comparison of LH Hotel Leasehold Real Estate Investment Trust's Gross Margin %

For the REIT - Hotel & Motel subindustry, LH Hotel Leasehold Real Estate Investment Trust'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.


LH Hotel Leasehold Real Estate Investment Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, LH Hotel Leasehold Real Estate Investment Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where LH Hotel Leasehold Real Estate Investment Trust's Gross Margin % falls into.



LH Hotel Leasehold Real Estate Investment Trust Gross Margin % Calculation

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

LH Hotel Leasehold Real Estate Investment Trust'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 )
=1257.7 / 1324.115
=(Revenue - Cost of Goods Sold) / Revenue
=(1324.115 - 66.428) / 1324.115
=94.98 %

LH Hotel Leasehold Real Estate Investment Trust'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 )
=565.1 / 590.628
=(Revenue - Cost of Goods Sold) / Revenue
=(590.628 - 25.535) / 590.628
=95.68 %

* 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.


LH Hotel Leasehold Real Estate Investment Trust  (BKK:LHHOTEL) 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

LH Hotel Leasehold Real Estate Investment Trust had a gross margin of 95.68% 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.


LH Hotel Leasehold Real Estate Investment Trust Gross Margin % Related Terms

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LH Hotel Leasehold Real Estate Investment Trust (BKK:LHHOTEL) Business Description

Traded in Other Exchanges
N/A
Address
South Sathorn Road, No. 11 Q House Sathorn Building, 14th Floor, Tungmahamek, Sathorn, Bangkok, THA, 10120
LH Hotel Leasehold Real Estate Investment Trust is a Thailand-based REIT (Real Estate Investment Trust). The Trust's objectives are to mobilize funds raised from general investors to invest in the leasehold right in immovable properties and the ownership of movable properties of the Grande Centre Point Hotel Terminal 21 project as the core properties. The Trust is engaged in the rental of immovable and moveable properties. Its operation is carried on only in Thailand.

LH Hotel Leasehold Real Estate Investment Trust (BKK:LHHOTEL) Headlines

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