Dasin Retail Trust (SGX:CEDU) Gross Margin %: 48.73% (As of Sep. 2023)

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What is Dasin Retail Trust Gross Margin %?

Dasin Retail Trust SGX:CEDU Gross Margin % is 48.73% as of Sep. 2023.

Gross Margin % is calculated as gross profit divided by its revenue. Dasin Retail Trust's Gross Profit for the three months ended in Sep. 2023 was S$8.80 Mil. Dasin Retail Trust's Revenue for the three months ended in Sep. 2023 was S$18.06 Mil. Therefore, Dasin Retail Trust's Gross Margin % for the quarter that ended in Sep. 2023 was 48.73%.


The historical rank and industry rank for Dasin Retail Trust's Gross Margin % or its related term are showing as below:


SGX:CEDU's Gross Margin % is not ranked *
in the Real Estate industry.
Industry Median: 36.94
* Ranked among companies with meaningful Gross Margin % only.

Dasin Retail Trust had a gross margin of 48.73% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dasin Retail Trust was 0.00% per year.


Dasin Retail Trust  (SGX:CEDU) 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

Dasin Retail Trust had a gross margin of 48.73% for the quarter that ended in Sep. 2023 => Durable 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.


Dasin Retail Trust Gross Margin % Related Terms


Dasin Retail Trust Gross Margin % Historical Data

* Premium members only.

The historical data trend for Dasin Retail Trust'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.

Dasin Retail Trust Gross Margin % Chart

Dasin Retail Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.86 68.94 70.43 58.74 43.84

Dasin Retail Trust Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 51.97 30.07 39.11 54.60 48.73

Dasin Retail Trust Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, Dasin Retail Trust'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.


Dasin Retail Trust Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dasin Retail Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dasin Retail Trust's Gross Margin % falls into.



Dasin Retail Trust Gross Margin % Calculation

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

Dasin Retail Trust'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 )
=37.4 / 85.28
=(Revenue - Cost of Goods Sold) / Revenue
=(85.28 - 47.892) / 85.28
=43.84 %

Dasin Retail Trust's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=8.8 / 18.055
=(Revenue - Cost of Goods Sold) / Revenue
=(18.055 - 9.256) / 18.055
=48.73 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 48.73% mean?
Dasin Retail Trust (SGX:CEDU) has a Gross Margin % of 48.73% as of Sep. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Dasin Retail Trust and its competitors.
Is Dasin Retail Trust's Gross Margin % too high?
Dasin Retail Trust's current Gross Margin % is 48.73%. The Real Estate industry median Gross Margin % is 36.94. Dasin Retail Trust's value of 48.73% is 31.9% above this industry median.
How does Dasin Retail Trust's Gross Margin % compare to competitors?
Dasin Retail Trust's Gross Margin % of 48.73% can be compared against companies in the Real Estate industry. The industry median Gross Margin % is 36.94. Dasin Retail Trust's value of 48.73% is 31.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Real Estate company?
The median Gross Margin % among Real Estate companies is 36.94, based on 1,644 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dasin Retail Trust's current Gross Margin % of 48.73% is 31.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Dasin Retail Trust and its competitors. For the Real Estate industry, the median Gross Margin % is 36.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dasin Retail Trust's current Gross Margin % is 48.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dasin Retail Trust stock overvalued right now?
Dasin Retail Trust (SGX:CEDU) has a current Gross Margin % of 48.73%. The current Gross Margin % is 48.73% and 31.9% above the Real Estate industry median of 36.94. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Dasin Retail Trust (SGX:CEDU), the current Gross Margin % is 48.73% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dasin Retail Trust Business Description

Address 138 Market Street, CapitaGreen No 26-02, Singapore, SGP, 048946
Dasin Retail Trust is a China retail property trust. The Trust's mandate is to invest in, own or develop land, uncompleted developments and income-producing real estate in Greater China used primarily for retail purposes, as well as real estate related assets, with a focus on retail malls. The Trust's portfolio comprises seven retail malls located in Zhongshan, Zhuhai and Foshan cities in Guangdong, PRC. The Trust is managed by Dasin Retail Trust Management Pte Ltd in its capacity as the Trustee-Manager. The Trust's reporting segments are Shiqi Metro Mall, Xiaolan Metro Mall, Ocean Metro Mall, Dasin E-Colour, Doumen Metro Mall, Shunde Metro Mall and Tanbei Metro Mall.