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China Overseas Land & Investment (China Overseas Land & Investment) Gross Margin % : 18.52% (As of Dec. 2023)


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What is China Overseas Land & Investment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. China Overseas Land & Investment's Gross Profit for the six months ended in Dec. 2023 was $2,941 Mil. China Overseas Land & Investment's Revenue for the six months ended in Dec. 2023 was $15,877 Mil. Therefore, China Overseas Land & Investment's Gross Margin % for the quarter that ended in Dec. 2023 was 18.52%.

Warning Sign:

China Overseas Land & Investment Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.1%.


The historical rank and industry rank for China Overseas Land & Investment's Gross Margin % or its related term are showing as below:

CAOVY' s Gross Margin % Range Over the Past 10 Years
Min: 20.32   Med: 29.22   Max: 37.79
Current: 20.32


During the past 13 years, the highest Gross Margin % of China Overseas Land & Investment was 37.79%. The lowest was 20.32%. And the median was 29.22%.

CAOVY's Gross Margin % is ranked worse than
74.65% of 1653 companies
in the Real Estate industry
Industry Median: 36.8 vs CAOVY: 20.32

China Overseas Land & Investment had a gross margin of 18.52% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for China Overseas Land & Investment was -10.10% per year.


China Overseas Land & Investment Gross Margin % Historical Data

The historical data trend for China Overseas Land & Investment'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.

China Overseas Land & Investment Gross Margin % Chart

China Overseas Land & Investment 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 33.66 30.05 23.54 21.29 20.32

China Overseas Land & Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 19.53 23.46 18.35 22.61 18.52

Competitive Comparison of China Overseas Land & Investment's Gross Margin %

For the Real Estate - Development subindustry, China Overseas Land & Investment'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.


China Overseas Land & Investment's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Overseas Land & Investment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where China Overseas Land & Investment's Gross Margin % falls into.



China Overseas Land & Investment Gross Margin % Calculation

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

China Overseas Land & Investment'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 )
=5763.5 / 28363.921
=(Revenue - Cost of Goods Sold) / Revenue
=(28363.921 - 22600.385) / 28363.921
=20.32 %

China Overseas Land & Investment'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 )
=2940.8 / 15876.914
=(Revenue - Cost of Goods Sold) / Revenue
=(15876.914 - 12936.139) / 15876.914
=18.52 %

* 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.


China Overseas Land & Investment  (OTCPK:CAOVY) 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

China Overseas Land & Investment had a gross margin of 18.52% for the quarter that ended in Dec. 2023 => 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.


China Overseas Land & Investment Gross Margin % Related Terms

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China Overseas Land & Investment (China Overseas Land & Investment) Business Description

Traded in Other Exchanges
Address
1 Queen's Road East, 10th Floor, Three Pacific Place, Hong Kong, HKG
China Overseas Land & Investment, or COLI, is a large real estate developer in China. Property development accounts for most of the core earnings, with operating scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds a 39.6% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.

China Overseas Land & Investment (China Overseas Land & Investment) Headlines

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