Taseco Land Investment JSC (HSTC:TAL) Gross Margin % : 26.87% (As of Dec. 2024)

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What is Taseco Land Investment JSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Taseco Land Investment JSC's Gross Profit for the three months ended in Dec. 2024 was ₫116,944 Mil. Taseco Land Investment JSC's Revenue for the three months ended in Dec. 2024 was ₫435,272 Mil. Therefore, Taseco Land Investment JSC's Gross Margin % for the quarter that ended in Dec. 2024 was 26.87%.

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

HSTC:TAL' s Gross Margin % Range Over the Past 10 Years
Min: 24.52 Med: 26.01 Max: 27.49
Current: 24.52

During the past 2 years, the highest Gross Margin % of Taseco Land Investment JSC was 27.49%. The lowest was 24.52%. And the median was 26.01%.

HSTC:TAL's Gross Margin % is ranked worse than
68.97% of 1637 companies
in the Real Estate industry
Industry Median: 35.95 vs HSTC:TAL: 24.52

Taseco Land Investment JSC had a gross margin of 26.87% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Taseco Land Investment JSC was 0.00% per year.

Taseco Land Investment JSC Gross Margin % Historical Data

The historical data trend for Taseco Land Investment 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.

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Taseco Land Investment JSC Gross Margin % Chart

Taseco Land Investment JSC Annual Data

Trend

Dec23

Dec24

Gross Margin %

27.49

24.52

Taseco Land Investment JSC Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Margin %	Get a 7-Day Free Trial			28.91	18.73	27.01	21.96	26.87

Competitive Comparison of Taseco Land Investment JSC's Gross Margin %

For the Real Estate Services subindustry, Taseco Land Investment 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.

Taseco Land Investment JSC's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Taseco Land Investment JSC's Gross Margin % falls into.

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Taseco Land Investment JSC Gross Margin % Calculation

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

Taseco Land Investment JSC'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 )
	=	413102.7	/	1684453.453
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1684453.453 - 1271350.767)	/	1684453.453
	=	24.52 %

Taseco Land Investment JSC's Gross Margin for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	116944.4	/	435271.844
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(435271.844 - 318327.462)	/	435271.844
	=	26.87 %

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.

Taseco Land Investment JSC (HSTC:TAL) 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

Taseco Land Investment JSC had a gross margin of 26.87% for the quarter that ended in Dec. 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.

Taseco Land Investment JSC Gross Margin % Related Terms

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Taseco Land Investment JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Taseco Land Investment JSC (HSTC:TAL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor 01, Building NO2-T1, Xuan Tao Street, Diplomatic Corps Area, Xuan Tao Ward, Bac Tu Liem District, Hanoi, VNM

Website

https://www.tasecoland.vn

Taseco Land Investment JSC is a company whose main business activities are investing and trading in real estate, constructing civil works, leasing, trading in real estate management services and other related services. It has successfully implemented a series of high-quality real estate projects in major provinces and cities. Each project invested in by TASECO Land has a prime location and high profit opportunities. With outstanding construction quality, synchronous services and amenities, Taseco Land has been best meeting the requirements and expectations of customers.