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Filinvest Land (PHS:FLI) Gross Profit : ₱10,865 Mil (TTM As of Mar. 2024)


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What is Filinvest Land Gross Profit?

Filinvest Land's gross profit for the three months ended in Mar. 2024 was ₱2,564 Mil. Filinvest Land's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₱10,865 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Filinvest Land's gross profit for the three months ended in Mar. 2024 was ₱2,564 Mil. Filinvest Land's Revenue for the three months ended in Mar. 2024 was ₱5,159 Mil. Therefore, Filinvest Land's Gross Margin % for the quarter that ended in Mar. 2024 was 49.71%.

Filinvest Land had a gross margin of 49.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Filinvest Land was 55.45%. The lowest was 47.19%. And the median was 48.43%.

Warning Sign:

Filinvest Land Inc gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Filinvest Land Gross Profit Historical Data

The historical data trend for Filinvest Land'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.

Filinvest Land Gross Profit Chart

Filinvest Land 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 13,039.58 9,628.17 7,992.00 9,248.28 10,463.63

Filinvest Land Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,163.19 2,336.10 2,753.23 3,211.11 2,564.50

Competitive Comparison of Filinvest Land's Gross Profit

For the Real Estate - Development subindustry, Filinvest Land'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.


Filinvest Land's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Filinvest Land's Gross Profit distribution charts can be found below:

* The bar in red indicates where Filinvest Land's Gross Profit falls into.



Filinvest Land Gross Profit Calculation

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

Filinvest Land'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
=21687.456 - 11223.827
=10,464

Filinvest Land's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=5158.568 - 2594.072
=2,564

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱10,865 Mil.

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

Filinvest Land's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,564 / 5158.568
=49.71 %

* 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.


Filinvest Land  (PHS:FLI) 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

Filinvest Land had a gross margin of 49.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Filinvest Land Gross Profit Related Terms

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Filinvest Land (PHS:FLI) Business Description

Traded in Other Exchanges
N/A
Address
79 EDSA, Filinvest Building, Highway Hills, Metro Manila, Mandaluyong City, PHL, 1550
Filinvest Land Inc is a Philippines-based company principally engaged in property development. The company offers several real estate projects, including residential property, leisure property, offices, commercial property, and townscapes, which feature a complete live-work-play environment for families. The company owns a network of sales offices, in-house sales agents, and brokers across the Philippines. It focuses on the middle-income customer segment but also offers projects that meet demand from the low-end and high-end components.

Filinvest Land (PHS:FLI) Headlines

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