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Thai Industrial Fund 1 (BKK:TIF1) Gross Profit : ฿56.74 Mil (TTM As of Dec. 2023)


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What is Thai Industrial Fund 1 Gross Profit?

Thai Industrial Fund 1's gross profit for the three months ended in Dec. 2023 was ฿15.70 Mil. Thai Industrial Fund 1's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ฿56.74 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Thai Industrial Fund 1's gross profit for the three months ended in Dec. 2023 was ฿15.70 Mil. Thai Industrial Fund 1's Revenue for the three months ended in Dec. 2023 was ฿16.51 Mil. Therefore, Thai Industrial Fund 1's Gross Margin % for the quarter that ended in Dec. 2023 was 95.11%.

Thai Industrial Fund 1 had a gross margin of 95.11% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Thai Industrial Fund 1 was 94.71%. The lowest was 93.72%. And the median was 94.55%.


Thai Industrial Fund 1 Gross Profit Historical Data

The historical data trend for Thai Industrial Fund 1'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.

Thai Industrial Fund 1 Gross Profit Chart

Thai Industrial Fund 1 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.02 69.70 73.43 59.00 57.86

Thai Industrial Fund 1 Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.79 13.38 13.39 14.26 15.70

Competitive Comparison of Thai Industrial Fund 1's Gross Profit

For the Asset Management subindustry, Thai Industrial Fund 1'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.


Thai Industrial Fund 1's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thai Industrial Fund 1's Gross Profit distribution charts can be found below:

* The bar in red indicates where Thai Industrial Fund 1's Gross Profit falls into.



Thai Industrial Fund 1 Gross Profit Calculation

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

Thai Industrial Fund 1's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=61.391 - 3.532
=57.86

Thai Industrial Fund 1's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=16.51 - 0.807
=15.70

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿56.74 Mil.

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

Thai Industrial Fund 1's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=15.70 / 16.51
=95.11 %

* 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.


Thai Industrial Fund 1  (BKK:TIF1) 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

Thai Industrial Fund 1 had a gross margin of 95.11% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Thai Industrial Fund 1 Gross Profit Related Terms

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Thai Industrial Fund 1 (BKK:TIF1) Business Description

Traded in Other Exchanges
N/A
Address
Rama 1 Road, Floor 9th, 24th, No. 989 Siam Piwat Tower, Patumwan District, Bangkok, THA, 10330
Thai Industrial Fund 1 is an asset management company. The objective of the fund is to raise funds from general investors and to use the proceeds from such fundraising for the purchase and/or lease of immovable properties or property lease rights. It invests in land and factory buildings, industrial parks, and industrial promotion zone in Thailand.

Thai Industrial Fund 1 (BKK:TIF1) Headlines

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