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Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) Gross Margin % : 98.73% (As of Dec. 2023)


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What is Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Gross Profit for the six months ended in Dec. 2023 was R$214.1 Mil. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Revenue for the six months ended in Dec. 2023 was R$216.8 Mil. Therefore, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Gross Margin % for the quarter that ended in Dec. 2023 was 98.73%.


The historical rank and industry rank for Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Gross Margin % or its related term are showing as below:

BSP:HGRU11' s Gross Margin % Range Over the Past 10 Years
Min: 98.73   Med: 99.5   Max: 99.96
Current: 98.73


During the past 6 years, the highest Gross Margin % of Patria Renda Urbana - Fundo De Investimento Imobiliario Resp was 99.96%. The lowest was 98.73%. And the median was 99.50%.

BSP:HGRU11's Gross Margin % is ranked better than
96.51% of 688 companies
in the REITs industry
Industry Median: 68.895 vs BSP:HGRU11: 98.73

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp had a gross margin of 98.73% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Patria Renda Urbana - Fundo De Investimento Imobiliario Resp was 0.00% per year.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Gross Margin % Historical Data

The historical data trend for Patria Renda Urbana - Fundo De Investimento Imobiliario Resp'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.

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Gross Margin % Chart

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial - 99.24 99.76 99.96 98.73

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin % Get a 7-Day Free Trial - 99.24 99.76 99.96 98.73

Competitive Comparison of Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Gross Margin %

For the REIT - Diversified subindustry, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp'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.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Gross Margin % falls into.


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Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Gross Margin % Calculation

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

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp'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 )
=214.1 / 216.842
=(Revenue - Cost of Goods Sold) / Revenue
=(216.842 - 2.759) / 216.842
=98.73 %

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=214.1 / 216.842
=(Revenue - Cost of Goods Sold) / Revenue
=(216.842 - 2.759) / 216.842
=98.73 %

* 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.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp  (BSP:HGRU11) 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

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp had a gross margin of 98.73% for the quarter that ended in Dec. 2023 => 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.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Gross Margin % Related Terms

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Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Business Description

Traded in Other Exchanges
N/A
Address
Leopoldo Couto de Magalhaes Jr. Street, 700, 11th Floor- Itaim Bibi, Sao Paulo, SP, BRA, 04542-000
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Ltd formerly Credit Suisse Hedging-Griffo CV SA was established on April 27, 2018 in the form of a closed condominium. The purpose of the Fund is the exploitation of urban real estate projects for institutional and commercial use, which potentially generate income through disposal, leasing or leasing, if they meet the classification criteria and the Fund's investment policy, provided that the Fund will prioritize the acquisition of institutional or commercial real estate projects that are not corporate buildings, shopping malls or those in the logistics area".

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Headlines

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