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Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME-F) Gross Margin % : 68.53% (As of Mar. 2025)


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What is Thailand Prime Property Freehold And Leasehold REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Thailand Prime Property Freehold And Leasehold REIT's Gross Profit for the three months ended in Mar. 2025 was ฿129.23 Mil. Thailand Prime Property Freehold And Leasehold REIT's Revenue for the three months ended in Mar. 2025 was ฿188.57 Mil. Therefore, Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % for the quarter that ended in Mar. 2025 was 68.53%.

Warning Sign:

Thailand Prime Property Freehold And Leasehold REIT gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


The historical rank and industry rank for Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % or its related term are showing as below:

BKK:TPRIME-F' s Gross Margin % Range Over the Past 10 Years
Min: 58.09   Med: 65.96   Max: 74.84
Current: 66.03


During the past 9 years, the highest Gross Margin % of Thailand Prime Property Freehold And Leasehold REIT was 74.84%. The lowest was 58.09%. And the median was 65.96%.

BKK:TPRIME-F's Gross Margin % is ranked worse than
55.75% of 696 companies
in the REITs industry
Industry Median: 68.745 vs BKK:TPRIME-F: 66.03

Thailand Prime Property Freehold And Leasehold REIT had a gross margin of 68.53% for the quarter that ended in Mar. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Thailand Prime Property Freehold And Leasehold REIT was -1.60% per year.


Thailand Prime Property Freehold And Leasehold REIT Gross Margin % Historical Data

The historical data trend for Thailand Prime Property 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.

Thailand Prime Property Freehold And Leasehold REIT Gross Margin % Chart

Thailand Prime Property Freehold And Leasehold REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 74.84 69.14 64.36 65.99 65.96

Thailand Prime Property Freehold And Leasehold REIT Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 68.17 66.25 66.58 62.79 68.53

Competitive Comparison of Thailand Prime Property Freehold And Leasehold REIT's Gross Margin %

For the REIT - Office subindustry, Thailand Prime Property 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.


Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % falls into.


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Thailand Prime Property Freehold And Leasehold REIT Gross Margin % Calculation

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

Thailand Prime Property Freehold And Leasehold REIT'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 )
=508.3 / 770.548
=(Revenue - Cost of Goods Sold) / Revenue
=(770.548 - 262.266) / 770.548
=65.96 %

Thailand Prime Property Freehold And Leasehold REIT's Gross Margin for the quarter that ended in Mar. 2025 is calculated as


Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=129.2 / 188.571
=(Revenue - Cost of Goods Sold) / Revenue
=(188.571 - 59.34) / 188.571
=68.53 %

* 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.


Thailand Prime Property Freehold And Leasehold REIT  (BKK:TPRIME-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

Thailand Prime Property Freehold And Leasehold REIT had a gross margin of 68.53% for the quarter that ended in Mar. 2025 => 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.


Thailand Prime Property Freehold And Leasehold REIT Gross Margin % Related Terms

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Thailand Prime Property Freehold And Leasehold REIT Business Description

Traded in Other Exchanges
Address
Unit 3903, Sukhumvit Road, 388 Exchange Tower, 39th Floor, Khlong Toei Sub-district, Khlong Toei District, Bangkok, THA, 10110
Thailand Prime Property Freehold And Leasehold REIT operates as a closed-end real estate investment company. The trust's objectives are to mobilize funds raised from investors and loans from financial institutions to invest in leasehold rights to land and Mercury Tower and invest in the shares of Exchange Tower.

Thailand Prime Property Freehold And Leasehold REIT Headlines

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