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Khai Hoan Land Real Estate JSC (HSTC:KHG) Gross Margin % : 14.91% (As of Mar. 2024)


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What is Khai Hoan Land Real Estate JSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Khai Hoan Land Real Estate JSC's Gross Profit for the six months ended in Mar. 2024 was ₫5,477 Mil. Khai Hoan Land Real Estate JSC's Revenue for the six months ended in Mar. 2024 was ₫36,730 Mil. Therefore, Khai Hoan Land Real Estate JSC's Gross Margin % for the quarter that ended in Mar. 2024 was 14.91%.

Warning Sign:

Khai Hoan Land Real Estate JSC gross margin has been in long-term decline. The average rate of decline per year is -20.7%.


The historical rank and industry rank for Khai Hoan Land Real Estate JSC's Gross Margin % or its related term are showing as below:

HSTC:KHG' s Gross Margin % Range Over the Past 10 Years
Min: 8.39   Med: 40.9   Max: 47.23
Current: 33.6


During the past 5 years, the highest Gross Margin % of Khai Hoan Land Real Estate JSC was 47.23%. The lowest was 8.39%. And the median was 40.90%.

HSTC:KHG's Gross Margin % is ranked worse than
54% of 1648 companies
in the Real Estate industry
Industry Median: 36.465 vs HSTC:KHG: 33.60

Khai Hoan Land Real Estate JSC had a gross margin of 14.91% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Khai Hoan Land Real Estate JSC was -20.70% per year.


Khai Hoan Land Real Estate JSC Gross Margin % Historical Data

The historical data trend for Khai Hoan Land Real Estate JSC'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.

Khai Hoan Land Real Estate JSC Gross Margin % Chart

Khai Hoan Land Real Estate JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
44.14 34.76 47.23 45.15 37.66

Khai Hoan Land Real Estate JSC Semi-Annual Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.01 -15.10 14.58 42.32 14.91

Competitive Comparison of Khai Hoan Land Real Estate JSC's Gross Margin %

For the Real Estate - Development subindustry, Khai Hoan Land Real Estate JSC'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.


Khai Hoan Land Real Estate JSC's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Khai Hoan Land Real Estate JSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Khai Hoan Land Real Estate JSC's Gross Margin % falls into.



Khai Hoan Land Real Estate JSC Gross Margin % Calculation

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

Khai Hoan Land Real Estate JSC's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=525864.1 / 1396204.292
=(Revenue - Cost of Goods Sold) / Revenue
=(1396204.292 - 870340.213) / 1396204.292
=37.66 %

Khai Hoan Land Real Estate JSC's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=5477.1 / 36729.603
=(Revenue - Cost of Goods Sold) / Revenue
=(36729.603 - 31252.488) / 36729.603
=14.91 %

* 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.


Khai Hoan Land Real Estate JSC  (HSTC:KHG) 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

Khai Hoan Land Real Estate JSC had a gross margin of 14.91% for the quarter that ended in Mar. 2024 => 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.


Khai Hoan Land Real Estate JSC Gross Margin % Related Terms

Thank you for viewing the detailed overview of Khai Hoan Land Real Estate JSC's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Khai Hoan Land Real Estate JSC (HSTC:KHG) Business Description

Comparable Companies
Traded in Other Exchanges
Address
R4-93 Hung Gia 4 Street, Phu My Hung Urban Area, Tan Phong Ward, District 7, Ho Chi Minh City, VNM
Khai Hoan Land Real Estate JSC operates as a real estate developer and a broker. The company develops luxury apartments, resorts, and apartments.

Khai Hoan Land Real Estate JSC (HSTC:KHG) Headlines

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