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GZUHY (Guangzhou R&F Properties Co) Gross Profit : $-113 Mil (TTM As of Jun. 2024)


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What is Guangzhou R&F Properties Co Gross Profit?

Guangzhou R&F Properties Co's gross profit for the six months ended in Jun. 2024 was $183 Mil. Guangzhou R&F Properties Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $-113 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Guangzhou R&F Properties Co's gross profit for the six months ended in Jun. 2024 was $183 Mil. Guangzhou R&F Properties Co's Revenue for the six months ended in Jun. 2024 was $1,959 Mil. Therefore, Guangzhou R&F Properties Co's Gross Margin % for the quarter that ended in Jun. 2024 was 9.35%.

Guangzhou R&F Properties Co had a gross margin of 9.35% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Guangzhou R&F Properties Co was 36.37%. The lowest was -4.56%. And the median was 30.17%.


Guangzhou R&F Properties Co Gross Profit Historical Data

The historical data trend for Guangzhou R&F Properties Co'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.

Guangzhou R&F Properties Co Gross Profit Chart

Guangzhou R&F Properties Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,117.84 -340.26 548.92 268.79 -113.16

Guangzhou R&F Properties Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 147.71 451.63 -184.18 183.18 -295.69

Competitive Comparison of Guangzhou R&F Properties Co's Gross Profit

For the Real Estate - Development subindustry, Guangzhou R&F Properties Co'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.


Guangzhou R&F Properties Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Guangzhou R&F Properties Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Guangzhou R&F Properties Co's Gross Profit falls into.


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Guangzhou R&F Properties Co Gross Profit Calculation

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

Guangzhou R&F Properties Co'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
=5075.325 - 4806.532
=269

Guangzhou R&F Properties Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=1958.849 - 1775.671
=183

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-113 Mil.

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

Guangzhou R&F Properties Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=183 / 1958.849
=9.35 %

* 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.


Guangzhou R&F Properties Co  (OTCPK:GZUHY) 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

Guangzhou R&F Properties Co had a gross margin of 9.35% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Guangzhou R&F Properties Co Gross Profit Related Terms

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Guangzhou R&F Properties Co Business Description

Traded in Other Exchanges
Address
No. 10 Huaxia Road, 45-54th Floor, R&F Center, Pearl River New Town, Guangzhou, CHN, 510623
Guangzhou R&F Properties Co Ltd. is principally engaged in the development and sale of properties, property investment, hotel operations, as well as the provision other property development related services. The Company operates its business through four segments: Property Development, Property Investment, Hotel Operations and Others. The Company mainly focuses on mass residential property development projects on a variety of scales. The Company operates its business in domestic market and overseas markets.

Guangzhou R&F Properties Co Headlines