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Yuexiu Real Estate Investment Trust (HKSE:00405) Gross Profit : HK$1,825 Mil (TTM As of Dec. 2023)


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What is Yuexiu Real Estate Investment Trust Gross Profit?

Yuexiu Real Estate Investment Trust's gross profit for the six months ended in Dec. 2023 was HK$873 Mil. Yuexiu Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,825 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Yuexiu Real Estate Investment Trust's gross profit for the six months ended in Dec. 2023 was HK$873 Mil. Yuexiu Real Estate Investment Trust's Revenue for the six months ended in Dec. 2023 was HK$1,122 Mil. Therefore, Yuexiu Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 77.79%.

Yuexiu Real Estate Investment Trust had a gross margin of 77.79% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Yuexiu Real Estate Investment Trust was 84.87%. The lowest was 79.01%. And the median was 81.16%.


Yuexiu Real Estate Investment Trust Gross Profit Historical Data

The historical data trend for Yuexiu Real Estate Investment Trust'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.

Yuexiu Real Estate Investment Trust Gross Profit Chart

Yuexiu Real Estate Investment Trust 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 1,875.51 1,769.34 1,816.18 1,704.72 1,824.57

Yuexiu Real Estate Investment Trust 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 925.35 913.26 834.69 951.63 872.94

Competitive Comparison of Yuexiu Real Estate Investment Trust's Gross Profit

For the REIT - Office subindustry, Yuexiu Real Estate Investment Trust'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.


Yuexiu Real Estate Investment Trust's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Yuexiu Real Estate Investment Trust's Gross Profit distribution charts can be found below:

* The bar in red indicates where Yuexiu Real Estate Investment Trust's Gross Profit falls into.



Yuexiu Real Estate Investment Trust Gross Profit Calculation

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

Yuexiu Real Estate Investment Trust'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
=2282.558 - 457.984
=1,825

Yuexiu Real Estate Investment Trust's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1122.207 - 249.263
=873

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 HK$1,825 Mil.

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

Yuexiu Real Estate Investment Trust'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
=873 / 1122.207
=77.79 %

* 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.


Yuexiu Real Estate Investment Trust  (HKSE:00405) 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

Yuexiu Real Estate Investment Trust had a gross margin of 77.79% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Yuexiu Real Estate Investment Trust Gross Profit Related Terms

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Yuexiu Real Estate Investment Trust (HKSE:00405) Business Description

Traded in Other Exchanges
Address
160 Lockhart Road, Flat B, 17th Floor, Yue Xiu Building, Wanchai, HKG
Yuexiu Real Estate Investment Trust invests in office, retail, and other commercial properties in the People's Republic of China. The company's portfolio consists of properties located in the central business district of Guangzhou and Shanghai. The types of properties include clothing markets, office buildings, retail centers, hotels, and serviced apartments. The company operates in three main segments: Hotel & Serviced apartments, Office rental, and Wholesale & shopping malls. Hotel and serviced apartments offer room rentals and food and beverages. Office rental and wholesale and shopping malls include the revenue from leasing these properties. All of its revenue comes from China.

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