GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT) » Definitions » Gross Margin %

Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT) Gross Margin % : 90.85% (As of Dec. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Sub Sri Thai Real Estate Investment Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sub Sri Thai Real Estate Investment Trust's Gross Profit for the three months ended in Dec. 2024 was ฿31.2 Mil. Sub Sri Thai Real Estate Investment Trust's Revenue for the three months ended in Dec. 2024 was ฿34.3 Mil. Therefore, Sub Sri Thai Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2024 was 90.85%.


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

BKK:SSTRT' s Gross Margin % Range Over the Past 10 Years
Min: 83.56   Med: 90.06   Max: 90.91
Current: 90.75


During the past 11 years, the highest Gross Margin % of Sub Sri Thai Real Estate Investment Trust was 90.91%. The lowest was 83.56%. And the median was 90.06%.

BKK:SSTRT's Gross Margin % is ranked better than
85.51% of 690 companies
in the REITs industry
Industry Median: 68.895 vs BKK:SSTRT: 90.75

Sub Sri Thai Real Estate Investment Trust had a gross margin of 90.85% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sub Sri Thai Real Estate Investment Trust was 0.60% per year.


Sub Sri Thai Real Estate Investment Trust Gross Margin % Historical Data

The historical data trend for Sub Sri Thai 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.

Sub Sri Thai Real Estate Investment Trust Gross Margin % Chart

Sub Sri Thai Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.87 89.88 90.24 90.67 90.81

Sub Sri Thai Real Estate Investment Trust Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 90.73 90.50 90.78 90.86 90.85

Competitive Comparison of Sub Sri Thai Real Estate Investment Trust's Gross Margin %

For the REIT - Industrial subindustry, Sub Sri Thai 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.


Sub Sri Thai Real Estate Investment Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sub Sri Thai Real Estate Investment Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sub Sri Thai Real Estate Investment Trust's Gross Margin % falls into.


;
;

Sub Sri Thai Real Estate Investment Trust Gross Margin % Calculation

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

Sub Sri Thai Real Estate Investment Trust's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=123.9 / 136.433
=(Revenue - Cost of Goods Sold) / Revenue
=(136.433 - 12.533) / 136.433
=90.81 %

Sub Sri Thai Real Estate Investment Trust's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=31.2 / 34.295
=(Revenue - Cost of Goods Sold) / Revenue
=(34.295 - 3.138) / 34.295
=90.85 %

* 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.


Sub Sri Thai Real Estate Investment Trust  (BKK:SSTRT) 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

Sub Sri Thai Real Estate Investment Trust had a gross margin of 90.85% for the quarter that ended in Dec. 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.


Sub Sri Thai Real Estate Investment Trust Gross Margin % Related Terms

Thank you for viewing the detailed overview of Sub Sri Thai Real Estate Investment Trust's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sub Sri Thai Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
Soi Pattanakarn 20, 206, Plaza Building, 4th Floor, Suan Luang Sub-District, Bangkok, THA, 10250
Sub Sri Thai Real Estate Investment Trust is a closed end property fund. The company's objective is to raise funds from general investors and to use the proceeds from fundraising for investing in real estate or leasehold in real estate and the assets which are parts or accessories of such real estates.

Sub Sri Thai Real Estate Investment Trust Headlines

No Headlines