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Quality Houses Leasehold Property Fund (BKK:QHPF) Gross Profit : ฿765 Mil (TTM As of Sep. 2024)


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What is Quality Houses Leasehold Property Fund Gross Profit?

Quality Houses Leasehold Property Fund's gross profit for the three months ended in Sep. 2024 was ฿185 Mil. Quality Houses Leasehold Property Fund's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ฿765 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Quality Houses Leasehold Property Fund's gross profit for the three months ended in Sep. 2024 was ฿185 Mil. Quality Houses Leasehold Property Fund's Revenue for the three months ended in Sep. 2024 was ฿255 Mil. Therefore, Quality Houses Leasehold Property Fund's Gross Margin % for the quarter that ended in Sep. 2024 was 72.80%.

Quality Houses Leasehold Property Fund had a gross margin of 72.80% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Quality Houses Leasehold Property Fund was 82.32%. The lowest was 72.16%. And the median was 75.64%.


Quality Houses Leasehold Property Fund Gross Profit Historical Data

The historical data trend for Quality Houses Leasehold Property Fund's Gross Profit 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.

Quality Houses Leasehold Property Fund Gross Profit Chart

Quality Houses Leasehold Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 974.83 974.40 871.20 793.34 789.35

Quality Houses Leasehold Property Fund Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit 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 194.81 197.84 197.36 184.82 185.32

Competitive Comparison of Quality Houses Leasehold Property Fund's Gross Profit

For the REIT - Office subindustry, Quality Houses Leasehold Property Fund's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Quality Houses Leasehold Property Fund's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Quality Houses Leasehold Property Fund's Gross Profit distribution charts can be found below:

* The bar in red indicates where Quality Houses Leasehold Property Fund's Gross Profit falls into.



Quality Houses Leasehold Property Fund Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Quality Houses Leasehold Property Fund's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1021.074 - 231.729
=789

Quality Houses Leasehold Property Fund's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=254.564 - 69.242
=185

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿765 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Quality Houses Leasehold Property Fund'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=185 / 254.564
=72.80 %

* 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.


Quality Houses Leasehold Property Fund  (BKK:QHPF) Gross Profit 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

Quality Houses Leasehold Property Fund had a gross margin of 72.80% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Quality Houses Leasehold Property Fund Gross Profit Related Terms

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Quality Houses Leasehold Property Fund Business Description

Traded in Other Exchanges
N/A
Address
11 South Sathorn Road, 14th Floor Q House Sathorn Building, Tungmahamek, Sathorn, Bangkok, THA, 10120
Quality Houses Leasehold Property Fund is a Thailand-based closed-end property fund. It purchases, leases, and subleases immovable properties, and seeks benefits by way of letting, subletting transfer, or disposal of those immovable properties. Its properties include the Q House Ploenchit Building, Q House Lumpini Building, and Wave Place Building. The company operates in one reportable operating segment, which is Rental of immovable properties. Its operations are located in Thailand.

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