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Talent Property Group (HKSE:00760) Gross Margin % : 21.34% (As of Jun. 2024)


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What is Talent Property Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Talent Property Group's Gross Profit for the six months ended in Jun. 2024 was HK$39.1 Mil. Talent Property Group's Revenue for the six months ended in Jun. 2024 was HK$183.4 Mil. Therefore, Talent Property Group's Gross Margin % for the quarter that ended in Jun. 2024 was 21.34%.

Warning Sign:

Talent Property Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


The historical rank and industry rank for Talent Property Group's Gross Margin % or its related term are showing as below:

HKSE:00760' s Gross Margin % Range Over the Past 10 Years
Min: 10.62   Med: 27.27   Max: 47.92
Current: 19.27


During the past 13 years, the highest Gross Margin % of Talent Property Group was 47.92%. The lowest was 10.62%. And the median was 27.27%.

HKSE:00760's Gross Margin % is ranked worse than
77.23% of 1634 companies
in the Real Estate industry
Industry Median: 35.83 vs HKSE:00760: 19.27

Talent Property Group had a gross margin of 21.34% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Talent Property Group was -4.40% per year.


Talent Property Group Gross Margin % Historical Data

The historical data trend for Talent Property Group'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.

Talent Property Group Gross Margin % Chart

Talent Property Group 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 47.92 38.91 35.72 24.61 19.26

Talent Property Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 32.13 20.94 28.91 21.34 16.14

Competitive Comparison of Talent Property Group's Gross Margin %

For the Real Estate - Development subindustry, Talent Property Group'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.


Talent Property Group's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Talent Property Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Talent Property Group's Gross Margin % falls into.


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Talent Property Group Gross Margin % Calculation

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

Talent Property Group'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 )
=206.4 / 838.635
=(Revenue - Cost of Goods Sold) / Revenue
=(838.635 - 632.224) / 838.635
=24.61 %

Talent Property Group'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 )
=39.1 / 183.407
=(Revenue - Cost of Goods Sold) / Revenue
=(183.407 - 144.262) / 183.407
=21.34 %

* 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.


Talent Property Group  (HKSE:00760) 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

Talent Property Group had a gross margin of 21.34% for the quarter that ended in Jun. 2024 => Competition eroding margins


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.


Talent Property Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Talent Property Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Talent Property Group Business Description

Traded in Other Exchanges
N/A
Address
No. 281 Linhe Dong Road, 21st Floor, Guangzhou, CHN, 510000
Talent Property Group Ltd is a Hong Kong-based investment holding company engaged in property businesses. It mainly operates in three segments. Property Development; Property Investment and Property Management. The company operates businesses in Hong Kong and Mainland China.
Executives
Talent Trend Holdings Limited 2101 Beneficial owner
Zhang Gao Bin 2101 Beneficial owner

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