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SRRE (Sunrise Real Estate Group) Gross Margin % : 20.99% (As of Sep. 2024)


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What is Sunrise Real Estate Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sunrise Real Estate Group's Gross Profit for the three months ended in Sep. 2024 was $1.52 Mil. Sunrise Real Estate Group's Revenue for the three months ended in Sep. 2024 was $7.22 Mil. Therefore, Sunrise Real Estate Group's Gross Margin % for the quarter that ended in Sep. 2024 was 20.99%.


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

SRRE' s Gross Margin % Range Over the Past 10 Years
Min: 9.15   Med: 19.38   Max: 49.48
Current: 23.53


During the past 13 years, the highest Gross Margin % of Sunrise Real Estate Group was 49.48%. The lowest was 9.15%. And the median was 19.38%.

SRRE's Gross Margin % is ranked worse than
70.67% of 1633 companies
in the Real Estate industry
Industry Median: 35.86 vs SRRE: 23.53

Sunrise Real Estate Group had a gross margin of 20.99% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sunrise Real Estate Group was -0.40% per year.


Sunrise Real Estate Group Gross Margin % Historical Data

The historical data trend for Sunrise Real Estate 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.

Sunrise Real Estate Group Gross Margin % Chart

Sunrise Real Estate Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.73 9.15 23.84 11.82 19.91

Sunrise Real Estate Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.73 38.48 -0.37 15.49 20.99

Competitive Comparison of Sunrise Real Estate Group's Gross Margin %

For the Real Estate - Development subindustry, Sunrise Real Estate 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.


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

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

* The bar in red indicates where Sunrise Real Estate Group's Gross Margin % falls into.


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Sunrise Real Estate Group Gross Margin % Calculation

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

Sunrise Real Estate 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 )
=4.9 / 24.834
=(Revenue - Cost of Goods Sold) / Revenue
=(24.834 - 19.89) / 24.834
=19.91 %

Sunrise Real Estate Group's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1.5 / 7.222
=(Revenue - Cost of Goods Sold) / Revenue
=(7.222 - 5.706) / 7.222
=20.99 %

* 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.


Sunrise Real Estate Group  (OTCPK:SRRE) 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

Sunrise Real Estate Group had a gross margin of 20.99% for the quarter that ended in Sep. 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.


Sunrise Real Estate Group Gross Margin % Related Terms

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


Sunrise Real Estate Group Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Panlong Road, Shanghai, CHN, 201702
Sunrise Real Estate Group Inc is engaged in the provision of real estate development and property brokerage services. The provided services include real estate marketing services, property leasing services, and property management services in the People's Republic of China. The operating segments of the company are Property brokerage services, Real estate development, Investment transaction, and Others. It generates maximum revenue from the Real estate development segment.
Executives
Ace Develop Properties Limited 10 percent owner, other: President and CEO P.O. BOX 957, OFFSHORE INCORPORATED CENTER ROAD TOWN, TORTOLA D8 XXXXX
Chao Chin Lin director, 10 percent owner, officer: Senior Vice President FLOOR 7, NO. 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Robert Lin Investment Inc 10 percent owner NO 333 FLOOR 7, ZHAOJIABANG ROAD, SHANGHAI F4 20032
Wen Yan Wang officer: Chief Financial Officer SUITE 701 NO 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Chi Jung Lin officer: CHIEF EXECUTIVE OFFICER FLOOR 7, NO. 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Hsin Hung Lin director SUITE 701, NO. 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Xi Zhang director 240 BEIJING E. ROAD, SHANGHAI F4 200002
Ardavazt Honanyan officer: Chief Financial Officer SUITE 701, 333 ZHAOJIABANG RD., SHAGHAI F4 200032
Ren Chen director 27/F GANGTAI PLAZA, NO. 700, YANAN E. ROAD, SHANGHAI F4 200001
Xuan Jie Fu director FLOOR 5, JIN YAN BUILDING, NO. 8, ZHONGSHAN E. NO. 2 ROAD, SHANGHAI F4 200002
Xiao Gang Li director NO. 7, LANE 622, HUAI HAI M. ROAD, SHANGHAI F4 200020
Yarek Bartosz director, 10 percent owner, officer: President 9521 21ST ST SE, CALGARY ALBERTA CANA A0 999999999
Olympus Investment Corp 10 percent owner 11F NO 249 SECTION 1, FUSHING SOUTH ROAD, TAIPEI F5 000000

Sunrise Real Estate Group Headlines

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