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Shanghai Industrial Urban Development Group (HKSE:00563) Gross Profit : HK$3,174 Mil (TTM As of Jun. 2024)


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What is Shanghai Industrial Urban Development Group Gross Profit?

Shanghai Industrial Urban Development Group's gross profit for the six months ended in Jun. 2024 was HK$621 Mil. Shanghai Industrial Urban Development Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$3,174 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shanghai Industrial Urban Development Group's gross profit for the six months ended in Jun. 2024 was HK$621 Mil. Shanghai Industrial Urban Development Group's Revenue for the six months ended in Jun. 2024 was HK$2,981 Mil. Therefore, Shanghai Industrial Urban Development Group's Gross Margin % for the quarter that ended in Jun. 2024 was 20.82%.

Shanghai Industrial Urban Development Group had a gross margin of 20.82% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shanghai Industrial Urban Development Group was 48.45%. The lowest was 25.51%. And the median was 36.26%.

Warning Sign:

Shanghai Industrial Urban Development Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


Shanghai Industrial Urban Development Group Gross Profit Historical Data

The historical data trend for Shanghai Industrial Urban Development Group'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.

Shanghai Industrial Urban Development Group Gross Profit Chart

Shanghai Industrial Urban Development Group 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 3,676.39 2,197.38 3,554.12 2,970.47 3,325.39

Shanghai Industrial Urban Development Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1,211.64 1,758.83 772.06 2,553.33 620.52

Competitive Comparison of Shanghai Industrial Urban Development Group's Gross Profit

For the Real Estate - Development subindustry, Shanghai Industrial Urban Development Group'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.


Shanghai Industrial Urban Development Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Industrial Urban Development Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shanghai Industrial Urban Development Group's Gross Profit falls into.



Shanghai Industrial Urban Development Group Gross Profit Calculation

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

Shanghai Industrial Urban Development Group'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
=7953.596 - 4628.206
=3,325

Shanghai Industrial Urban Development Group's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=2980.833 - 2360.312
=621

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 HK$3,174 Mil.

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

Shanghai Industrial Urban Development Group'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
=621 / 2980.833
=20.82 %

* 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.


Shanghai Industrial Urban Development Group  (HKSE:00563) 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

Shanghai Industrial Urban Development Group had a gross margin of 20.82% for the quarter that ended in Jun. 2024 => Competition eroding margins


Shanghai Industrial Urban Development Group Gross Profit Related Terms

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Shanghai Industrial Urban Development Group Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Queen’s Road Central, 11th Floor, Henley Building, Hong Kong, HKG
Shanghai Industrial Urban Development Group Ltd serves its parent company, Shanghai Industrial Group, as an integrated real estate business platform operating in China. The group invests in real estate developments and operations in China. The group focuses its business on high-quality properties targeting urbanites and businesses. The company has projects in first, second, and third-tier cities. Some of the company's projects include high-end residential communities, office buildings, shopping arcades, hotels, and apartments. The company generates revenue from the sales of properties, rental income from the leasing of properties, service income from property management, and revenue from hotel operations. A majority of the company's revenue comes from the sale of properties in China.
Executives
Shanghai Industrial Investment (holdings) Company Limited
Shanghai Industrial Holdings Limited

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