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Associated International Hotels (HKSE:00105) Gross Profit : HK$203.4 Mil (TTM As of Sep. 2023)


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What is Associated International Hotels Gross Profit?

Associated International Hotels's gross profit for the six months ended in Sep. 2023 was HK$99.6 Mil. Associated International Hotels's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was HK$203.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Associated International Hotels's gross profit for the six months ended in Sep. 2023 was HK$99.6 Mil. Associated International Hotels's Revenue for the six months ended in Sep. 2023 was HK$147.1 Mil. Therefore, Associated International Hotels's Gross Margin % for the quarter that ended in Sep. 2023 was 67.69%.

Associated International Hotels had a gross margin of 67.69% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Associated International Hotels was 88.89%. The lowest was 69.40%. And the median was 86.30%.

Warning Sign:

Associated International Hotels Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.6%.


Associated International Hotels Gross Profit Historical Data

The historical data trend for Associated International Hotels'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.

Associated International Hotels Gross Profit Chart

Associated International Hotels 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 524.57 497.78 341.82 212.15 213.93

Associated International Hotels Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 115.03 97.12 110.15 103.78 99.58

Competitive Comparison of Associated International Hotels's Gross Profit

For the Real Estate Services subindustry, Associated International Hotels'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.


Associated International Hotels's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Associated International Hotels's Gross Profit distribution charts can be found below:

* The bar in red indicates where Associated International Hotels's Gross Profit falls into.



Associated International Hotels Gross Profit Calculation

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

Associated International Hotels'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
=299.283 - 85.353
=213.9

Associated International Hotels's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=147.109 - 47.53
=99.6

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$203.4 Mil.

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

Associated International Hotels's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=99.6 / 147.109
=67.69 %

* 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.


Associated International Hotels  (HKSE:00105) 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

Associated International Hotels had a gross margin of 67.69% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Associated International Hotels Gross Profit Related Terms

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Associated International Hotels (HKSE:00105) Business Description

Traded in Other Exchanges
N/A
Address
63 Nathan Road, 9th Floor, iSQUARE, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Associated International Hotels Ltd is a Hong-Kong investment holding company principally engaged in property-related businesses. Its only reportable segment is Property leasing. The company generates revenue from Interest income, Management fees, and Others. The properties under the company include iSQUARE, Good Luck Industrial Building as well as the offices in Euro Trade Centre in Hong Kong. Geographically, it derives revenue from Hong Kong.

Associated International Hotels (HKSE:00105) Headlines

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