GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Banan Real Estate Co (SAU:9519) » Definitions » Gross Profit

Banan Real Estate Co (SAU:9519) Gross Profit : ﷼52.74 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Banan Real Estate Co Gross Profit?

Banan Real Estate Co's gross profit for the six months ended in Dec. 2023 was ﷼26.95 Mil. Banan Real Estate Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼52.74 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Banan Real Estate Co's gross profit for the six months ended in Dec. 2023 was ﷼26.95 Mil. Banan Real Estate Co's Revenue for the six months ended in Dec. 2023 was ﷼33.56 Mil. Therefore, Banan Real Estate Co's Gross Margin % for the quarter that ended in Dec. 2023 was 80.31%.

Banan Real Estate Co had a gross margin of 80.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Banan Real Estate Co was 86.44%. The lowest was 79.95%. And the median was 83.57%.


Banan Real Estate Co Gross Profit Historical Data

The historical data trend for Banan Real Estate Co'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.

Banan Real Estate Co Gross Profit Chart

Banan Real Estate Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
10.80 16.31 47.94 52.74

Banan Real Estate Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial 8.65 24.26 23.69 25.79 26.95

Competitive Comparison of Banan Real Estate Co's Gross Profit

For the Real Estate Services subindustry, Banan Real Estate Co'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.


Banan Real Estate Co's Gross Profit Distribution in the Real Estate Industry

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

* The bar in red indicates where Banan Real Estate Co's Gross Profit falls into.



Banan Real Estate Co Gross Profit Calculation

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

Banan Real Estate Co'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
=65.971 - 13.23
=52.74

Banan Real Estate Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=33.556 - 6.606
=26.95

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 ﷼52.74 Mil.

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

Banan Real Estate Co'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
=26.95 / 33.556
=80.31 %

* 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.


Banan Real Estate Co  (SAU:9519) 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

Banan Real Estate Co had a gross margin of 80.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Banan Real Estate Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Banan Real Estate Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Banan Real Estate Co (SAU:9519) Business Description

Traded in Other Exchanges
N/A
Address
Takhassusi Road with Prince Sultan bin Abdulaziz Street, P.O. Box 42, Olaya District, Riyadh, SAU, 11411
Banan Real Estate Co is engaged in the field of investment and development of income-generating real estate. The main activity of the company is the management and leasing of commercial and residential real estate and hotels. Geographically company derives its revenue from Saudi Arabia.

Banan Real Estate Co (SAU:9519) Headlines

No Headlines