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Pinthong Industrial Park Property Fund (BKK:PPF-F) Gross Margin % : 85.60% (As of Mar. 2024)


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What is Pinthong Industrial Park Property Fund Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pinthong Industrial Park Property Fund's Gross Profit for the three months ended in Mar. 2024 was ฿47.41 Mil. Pinthong Industrial Park Property Fund's Revenue for the three months ended in Mar. 2024 was ฿55.39 Mil. Therefore, Pinthong Industrial Park Property Fund's Gross Margin % for the quarter that ended in Mar. 2024 was 85.60%.


The historical rank and industry rank for Pinthong Industrial Park Property Fund's Gross Margin % or its related term are showing as below:

BKK:PPF-F' s Gross Margin % Range Over the Past 10 Years
Min: 81.11   Med: 81.94   Max: 85.62
Current: 83.75


During the past 10 years, the highest Gross Margin % of Pinthong Industrial Park Property Fund was 85.62%. The lowest was 81.11%. And the median was 81.94%.

BKK:PPF-F's Gross Margin % is not ranked
in the REITs industry.
Industry Median: 68.73 vs BKK:PPF-F: 83.75

Pinthong Industrial Park Property Fund had a gross margin of 85.60% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pinthong Industrial Park Property Fund was 1.10% per year.


Pinthong Industrial Park Property Fund Gross Margin % Historical Data

The historical data trend for Pinthong Industrial Park Property Fund'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.

Pinthong Industrial Park Property Fund Gross Margin % Chart

Pinthong Industrial Park Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.75 85.62 85.25 84.38 84.15

Pinthong Industrial Park Property Fund 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 84.50 83.97 82.99 85.16 85.60

Competitive Comparison of Pinthong Industrial Park Property Fund's Gross Margin %

For the REIT - Industrial subindustry, Pinthong Industrial Park Property Fund'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.


Pinthong Industrial Park Property Fund's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pinthong Industrial Park Property Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pinthong Industrial Park Property Fund's Gross Margin % falls into.


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Pinthong Industrial Park Property Fund Gross Margin % Calculation

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

Pinthong Industrial Park Property Fund'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 )
=175.6 / 208.726
=(Revenue - Cost of Goods Sold) / Revenue
=(208.726 - 33.083) / 208.726
=84.15 %

Pinthong Industrial Park Property Fund'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 )
=47.4 / 55.393
=(Revenue - Cost of Goods Sold) / Revenue
=(55.393 - 7.979) / 55.393
=85.60 %

* 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.


Pinthong Industrial Park Property Fund  (BKK:PPF-F) 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

Pinthong Industrial Park Property Fund had a gross margin of 85.60% 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.


Pinthong Industrial Park Property Fund Gross Margin % Related Terms

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Pinthong Industrial Park Property Fund Business Description

Traded in Other Exchanges
N/A
Address
18 Ratchadapisek Road, 7-8th Floor, SCB Park Plaza 1, Chatuchak, Bangkok, THA, 10900
Pinthong Industrial Park Property Fund is a closed-end property fund engaged in purchasing and/or leasing specific properties. It invests in three industrial estates namely Pinthong Industrial Estate, Pinthong Industrial Estate (Laem Chabang), and Pinthong Industrial Estate. The Fund is engaged in the the rental of immovable properties. It has its geographic presence in Thailand.

Pinthong Industrial Park Property Fund Headlines

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