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Quality Houses Hotel and Residence Freehold and Leasehold REIT (BKK:QHHRREIT) Gross Margin % : 0.00% (As of Jun. 2024)


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What is Quality Houses Hotel and Residence Freehold and Leasehold REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Quality Houses Hotel and Residence Freehold and Leasehold REIT's Gross Profit for the three months ended in Jun. 2024 was ฿0.0 Mil. Quality Houses Hotel and Residence Freehold and Leasehold REIT's Revenue for the three months ended in Jun. 2024 was ฿0.0 Mil. Therefore, Quality Houses Hotel and Residence Freehold and Leasehold REIT's Gross Margin % for the quarter that ended in Jun. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Quality Houses Hotel and Residence Freehold and Leasehold REIT gross margin has been in long-term decline. The average rate of decline per year is -44%.


The historical rank and industry rank for Quality Houses Hotel and Residence Freehold and Leasehold REIT's Gross Margin % or its related term are showing as below:

BKK:QHHRREIT' s Gross Margin % Range Over the Past 10 Years
Min: 2.39   Med: 77.84   Max: 92.73
Current: 26.72


During the past 12 years, the highest Gross Margin % of Quality Houses Hotel and Residence Freehold and Leasehold REIT was 92.73%. The lowest was 2.39%. And the median was 77.84%.

BKK:QHHRREIT's Gross Margin % is ranked worse than
95.25% of 652 companies
in the REITs industry
Industry Median: 68.295 vs BKK:QHHRREIT: 26.72

Quality Houses Hotel and Residence Freehold and Leasehold REIT had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Quality Houses Hotel and Residence Freehold and Leasehold REIT was -44.00% per year.


Quality Houses Hotel and Residence Freehold and Leasehold REIT Gross Margin % Historical Data

The historical data trend for Quality Houses Hotel and Residence Freehold and 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.

Quality Houses Hotel and Residence Freehold and Leasehold REIT Gross Margin % Chart

Quality Houses Hotel and Residence Freehold and Leasehold REIT 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 80.09 86.31 71.62 29.96 2.39

Quality Houses Hotel and Residence Freehold and Leasehold REIT Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -40.45 -6.88 49.59 81.12 -

Competitive Comparison of Quality Houses Hotel and Residence Freehold and Leasehold REIT's Gross Margin %

For the REIT - Hotel & Motel subindustry, Quality Houses Hotel and Residence Freehold and 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.


Quality Houses Hotel and Residence Freehold and Leasehold REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Quality Houses Hotel and Residence Freehold and Leasehold REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Quality Houses Hotel and Residence Freehold and Leasehold REIT's Gross Margin % falls into.



Quality Houses Hotel and Residence Freehold and Leasehold REIT Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Quality Houses Hotel and Residence Freehold and 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 )
=6 / 251.187
=(Revenue - Cost of Goods Sold) / Revenue
=(251.187 - 245.181) / 251.187
=2.39 %

Quality Houses Hotel and Residence Freehold and Leasehold REIT's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Quality Houses Hotel and Residence Freehold and Leasehold REIT  (BKK:QHHRREIT) 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

Quality Houses Hotel and Residence Freehold and Leasehold REIT had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable 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.


Quality Houses Hotel and Residence Freehold and Leasehold REIT Gross Margin % Related Terms

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Quality Houses Hotel and Residence Freehold and Leasehold REIT Business Description

Traded in Other Exchanges
N/A
Address
South Sathon Road, 11 Q.House Sathon Building, 14th Floor, Thungmahamek Sathon, Bangkok, THA, 10120
Quality Houses Hotel and Residence Freehold and Leasehold Property Fund is a closed-end property fund. The fund assembles money from general investors with the objective of purchasing and/or taking on leasing and/or subleasing of immovable properties and/or accepting the transfer of leasehold rights of immovable properties and/or the transfer of sub-leasehold rights of immovable properties such as hotel and serviced apartment. All the revenue for the company is derived from renting immovable properties. Geographically, it operates in Thailand. The Fund has invested in freehold right on Centre Point Hotel and Residence Petchburi Project, Centre Point Hotel and Residence Sukhumvit Project and has invested in leasehold right on Centre Point Hotel and Residence Langsuan Project.

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