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SOHO China (FRA:45S) Gross Profit : €177.4 Mil (TTM As of Dec. 2023)


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What is SOHO China Gross Profit?

SOHO China's gross profit for the six months ended in Dec. 2023 was €90.0 Mil. SOHO China's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €177.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SOHO China's gross profit for the six months ended in Dec. 2023 was €90.0 Mil. SOHO China's Revenue for the six months ended in Dec. 2023 was €110.1 Mil. Therefore, SOHO China's Gross Margin % for the quarter that ended in Dec. 2023 was 81.73%.

SOHO China had a gross margin of 81.73% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of SOHO China was 82.14%. The lowest was 50.48%. And the median was 76.74%.


SOHO China Gross Profit Historical Data

The historical data trend for SOHO China'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.

SOHO China Gross Profit Chart

SOHO China 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 193.82 174.76 194.49 194.66 177.06

SOHO China Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 102.92 104.85 94.17 87.41 89.96

Competitive Comparison of SOHO China's Gross Profit

For the Real Estate Services subindustry, SOHO China'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.


SOHO China's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SOHO China's Gross Profit distribution charts can be found below:

* The bar in red indicates where SOHO China's Gross Profit falls into.



SOHO China Gross Profit Calculation

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

SOHO China'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
=215.572 - 38.51
=177.1

SOHO China's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=110.068 - 20.107
=90.0

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €177.4 Mil.

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

SOHO China'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
=90.0 / 110.068
=81.73 %

* 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.


SOHO China  (FRA:45S) 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

SOHO China had a gross margin of 81.73% for the quarter that ended in Dec. 2023 => Durable competitive advantage


SOHO China Gross Profit Related Terms

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SOHO China (FRA:45S) Business Description

Traded in Other Exchanges
Address
No. 6B Chaowai Street, 11th Floor, Tower A, Chaowai SOHO, Chaoyang District, Beijing, CHN, 100020
SOHO China Ltd is engaged in real estate development, property leasing, and property management activities. It focuses on the commercial properties in the core areas of Beijing and Shanghai that will benefit from an appreciation in value. All of its rental income revenues are derived from China.

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