Red Star Macalline Group's gross profit for the
three
months ended in Jun. 2024 was HK$1,895 Mil. Red Star Macalline Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was HK$6,984 Mil.
* 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.
Competitive Comparison of Red Star Macalline Group's Gross Profit
For the Real Estate Services subindustry, Red Star Macalline 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.
Red Star Macalline Group's Gross Profit Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Red Star Macalline Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where Red Star Macalline Group's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$6,984 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Red Star Macalline Group (HKSE:01528) 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
Red Star Macalline Group had a gross margin of 83.31% for the quarter that ended in Jun. 2024 => Durable competitive advantage
Red Star Macalline Group Gross Profit Related Terms
Thank you for viewing the detailed overview of Red Star Macalline Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Red Star Macalline Group Corp Ltd operates home improvement and furnishings shopping malls in China. It has various segments: Owned/Leased Portfolio Shopping Malls segment, which is the key revenue driver, leases floor areas to the tenants and provides management support to them; Managed Shopping Malls segment provides initiation, consultation, and management services to its partners and construction contractors to develop and manage the shopping malls under its own brand; Construction and design segment provides building installation and decorating services in shopping malls. Related home decoration and sales of merchandise segment include retail sales of home furnishing merchandise and providing related decorating services. and Others. All of its revenues are derived from the PRC.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01528 has been successfully added to your 