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Kingston Properties (XJAM:KPREIT) Gross Margin % : 0.00% (As of Sep. 2024)


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What is Kingston Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kingston Properties's Gross Profit for the three months ended in Sep. 2024 was JMD185.0 Mil. Kingston Properties's Revenue for the three months ended in Sep. 2024 was JMD185.0 Mil. Therefore, Kingston Properties's Gross Margin % for the quarter that ended in Sep. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 13 years, the highest Gross Margin % of Kingston Properties was 97.34%. The lowest was 67.80%. And the median was 80.43%.

XJAM:KPREIT's Gross Margin % is not ranked *
in the REITs industry.
Industry Median: 68.87
* Ranked among companies with meaningful Gross Margin % only.

Kingston Properties had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kingston Properties was 5.40% per year.


Kingston Properties Gross Margin % Historical Data

The historical data trend for Kingston Properties'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.

Kingston Properties Gross Margin % Chart

Kingston Properties 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 80.43 86.14 94.54 96.13 97.34

Kingston Properties 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 - - - - -

Competitive Comparison of Kingston Properties's Gross Margin %

For the REIT - Diversified subindustry, Kingston Properties'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.


Kingston Properties's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Kingston Properties's Gross Margin % falls into.



Kingston Properties Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Kingston Properties'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 )
=605.8 / 622.364
=(Revenue - Cost of Goods Sold) / Revenue
=(622.364 - 16.535) / 622.364
=97.34 %

Kingston Properties'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 )
=185 / 185.04
=(Revenue - Cost of Goods Sold) / Revenue
=(185.04 - 0) / 185.04
=N/A %

* 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.


Kingston Properties  (XJAM:KPREIT) 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

Kingston Properties had a gross margin of N/A% for the quarter that ended in Sep. 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.


Kingston Properties Gross Margin % Related Terms

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


Kingston Properties Business Description

Traded in Other Exchanges
N/A
Address
36-38 Red Hills Road, Building B, 1st Floor, Kingston, JAM, 10
Kingston Properties Ltd operates in the real estate business. Its portfolio consists of a wide array of properties, ranging from residential to commercial, industrial, and mixed-use developments across Jamaica, the Cayman Islands, and the United States.

Kingston Properties Headlines

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