RITR (Reitar Logtech Holdings) Gross Margin % : 21.58% (As of Mar. 2024)

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What is Reitar Logtech Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Reitar Logtech Holdings's Gross Profit for the six months ended in Mar. 2024 was $4.92 Mil. Reitar Logtech Holdings's Revenue for the six months ended in Mar. 2024 was $22.79 Mil. Therefore, Reitar Logtech Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 21.58%.

The historical rank and industry rank for Reitar Logtech Holdings's Gross Margin % or its related term are showing as below:

RITR' s Gross Margin % Range Over the Past 10 Years
Min: 15.13 Med: 25.52 Max: 28.89
Current: 25.42

During the past 4 years, the highest Gross Margin % of Reitar Logtech Holdings was 28.89%. The lowest was 15.13%. And the median was 25.52%.

RITR's Gross Margin % is ranked better than
59.98% of 1664 companies
in the Construction industry
Industry Median: 20.05 vs RITR: 25.42

Reitar Logtech Holdings had a gross margin of 21.58% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Reitar Logtech Holdings was 0.00% per year.

Reitar Logtech Holdings Gross Margin % Historical Data

The historical data trend for Reitar Logtech Holdings'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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Reitar Logtech Holdings Gross Margin % Chart

Reitar Logtech Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Gross Margin %

15.13

25.62

28.89

25.42

Reitar Logtech Holdings Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Gross Margin %	Get a 7-Day Free Trial			-	22.51	36.44	34.73	21.58

Competitive Comparison of Reitar Logtech Holdings's Gross Margin %

For the Engineering & Construction subindustry, Reitar Logtech Holdings'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.

Reitar Logtech Holdings's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Reitar Logtech Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Reitar Logtech Holdings's Gross Margin % falls into.

Reitar Logtech Holdings Gross Margin % Calculation

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

Reitar Logtech Holdings's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )	=	Gross Profit (A: Mar. 2024 )	/	Revenue (A: Mar. 2024 )
	=	8.2	/	32.21
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(32.21 - 24.021)	/	32.21
	=	25.42 %

Reitar Logtech Holdings'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 )
	=	4.9	/	22.794
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(22.794 - 17.876)	/	22.794
	=	21.58 %

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.

Reitar Logtech Holdings (NAS:RITR) 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

Reitar Logtech Holdings had a gross margin of 21.58% for the quarter that ended in Mar. 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.

Reitar Logtech Holdings Gross Margin % Related Terms

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Reitar Logtech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reitar Logtech Holdings Ltd (NAS:RITR) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Unit 801, 77 Hoi Bun Road, 8th Floor, Tower 2, The Quayside, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.reitar.io

Reitar Logtech Holdings Ltd provide one-stop solutions for logistics property operations in property development and redevelopment projects. It consists of two segments: construction management and engineering design services; and asset management and professional consultancy services in Hong Kong. Key revenue is generated from construction management and engineering design services.