SYN Prop E Tech's gross profit for the
three
months ended in Dec. 2023 was R$68.2 Mil. SYN Prop E Tech's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was R$234.8 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. SYN Prop E Tech's gross profit for the
three
months ended in Dec. 2023 was R$68.2 Mil. SYN Prop E Tech's Revenue for the
three
months ended in Dec. 2023 was R$115.6 Mil. Therefore, SYN Prop E Tech's Gross Margin % for the quarter that ended in Dec. 2023 was 58.98%.
SYN Prop E Tech had a gross margin of 58.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of SYN Prop E Tech was 72.20%. The lowest was 43.52%. And the median was 62.09%.
Warning Sign:
SYN Prop E Tech SA gross margin has been in long-term decline. The average rate of decline per year is -3.8%.
SYN Prop E Tech Gross Profit Historical Data
The historical data trend for SYN Prop E Tech'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.
Competitive Comparison of SYN Prop E Tech's Gross Profit
For the Real Estate - Diversified subindustry, SYN Prop E Tech'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.
SYN Prop E Tech's Gross Profit Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, SYN Prop E Tech's Gross Profit distribution charts can be found below:
* The bar in red indicates where SYN Prop E Tech's Gross Profit falls into.
SYN Prop E Tech Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
SYN Prop E Tech's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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 R$234.8 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
SYN Prop E Tech (BSP:SYNE3) 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
SYN Prop E Tech had a gross margin of 58.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage
SYN Prop E Tech Gross Profit Related Terms
Thank you for viewing the detailed overview of SYN Prop E Tech's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
SYN Prop E Tech SA is involved in the real estate sector. It focuses on the development, trade, and management of commercial properties in Brazil. Its portfolio includes shopping centres and corporate buildings. Business is organized into three operating segments being Buildings, Shopping malls, Services and Others. Key revenue is earned from the Building division which is engaged in the sale and lease of commercial buildings. Shopping malls consists of the lease of stores in shopping malls. Services consists of services involving the management of shopping malls, development of properties and operation of parking lots. Other consists of the lease of other types of properties.
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