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Alinma Retail REIT Fund (SAU:4345) Gross Profit : ﷼28.18 Mil (TTM As of Jun. 2024)


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What is Alinma Retail REIT Fund Gross Profit?

Alinma Retail REIT Fund's gross profit for the six months ended in Jun. 2024 was ﷼5.59 Mil. Alinma Retail REIT Fund's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼28.18 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Alinma Retail REIT Fund's gross profit for the six months ended in Jun. 2024 was ﷼5.59 Mil. Alinma Retail REIT Fund's Revenue for the six months ended in Jun. 2024 was ﷼16.28 Mil. Therefore, Alinma Retail REIT Fund's Gross Margin % for the quarter that ended in Jun. 2024 was 34.33%.

Alinma Retail REIT Fund had a gross margin of 34.33% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Alinma Retail REIT Fund was 72.05%. The lowest was 44.35%. And the median was 51.23%.

Warning Sign:

Alinma Retail REIT Fund gross margin has been in long-term decline. The average rate of decline per year is -8.2%.


Alinma Retail REIT Fund Gross Profit Historical Data

The historical data trend for Alinma Retail REIT Fund'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.

Alinma Retail REIT Fund Gross Profit Chart

Alinma Retail REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 60.28 27.99 28.93 21.62 26.22

Alinma Retail REIT Fund Semi-Annual Data
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 11.38 10.23 3.63 22.59 5.59

Competitive Comparison of Alinma Retail REIT Fund's Gross Profit

For the REIT - Retail subindustry, Alinma Retail REIT Fund'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.


Alinma Retail REIT Fund's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alinma Retail REIT Fund's Gross Profit distribution charts can be found below:

* The bar in red indicates where Alinma Retail REIT Fund's Gross Profit falls into.



Alinma Retail REIT Fund Gross Profit Calculation

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

Alinma Retail REIT Fund'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
=51.633 - 25.413
=26.22

Alinma Retail REIT Fund's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=16.282 - 10.693
=5.59

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 ﷼28.18 Mil.

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

Alinma Retail REIT Fund'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
=5.59 / 16.282
=34.33 %

* 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.


Alinma Retail REIT Fund  (SAU:4345) 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

Alinma Retail REIT Fund had a gross margin of 34.33% for the quarter that ended in Jun. 2024 => Competition eroding margins


Alinma Retail REIT Fund Gross Profit Related Terms

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Alinma Retail REIT Fund Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 55560, Al Anoud Tower 2, Riyadh, SAU, 11544
Alinma Retail REIT Fund is a closed-end real estate investment traded fund. The company invests in real estate assets within the Kingdom of Saudi Arabia to generate periodic rental income and potential of capital appreciation. It is focusing on the retail sector which includes retail shopping malls.

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