GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » First Real Estate Investment Trust (SGX:AW9U) » Definitions » Gross Profit

First Real Estate Investment Trust (SGX:AW9U) Gross Profit : S$105.0 Mil (TTM As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is First Real Estate Investment Trust Gross Profit?

First Real Estate Investment Trust's gross profit for the six months ended in Dec. 2023 was S$52.7 Mil. First Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was S$105.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. First Real Estate Investment Trust's gross profit for the six months ended in Dec. 2023 was S$52.7 Mil. First Real Estate Investment Trust's Revenue for the six months ended in Dec. 2023 was S$54.6 Mil. Therefore, First Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 96.60%.

First Real Estate Investment Trust had a gross margin of 96.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of First Real Estate Investment Trust was 98.52%. The lowest was 96.69%. And the median was 97.85%.


First Real Estate Investment Trust Gross Profit Historical Data

The historical data trend for First Real Estate Investment Trust'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.

First Real Estate Investment Trust Gross Profit Chart

First Real Estate Investment Trust 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 112.46 76.75 99.91 108.18 104.97

First Real Estate Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 62.45 52.54 55.64 52.25 52.73

Competitive Comparison of First Real Estate Investment Trust's Gross Profit

For the REIT - Healthcare Facilities subindustry, First Real Estate Investment Trust'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.


First Real Estate Investment Trust's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, First Real Estate Investment Trust's Gross Profit distribution charts can be found below:

* The bar in red indicates where First Real Estate Investment Trust's Gross Profit falls into.



First Real Estate Investment Trust Gross Profit Calculation

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

First Real Estate Investment Trust'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
=108.568 - 3.595
=105.0

First Real Estate Investment Trust's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=54.579 - 1.854
=52.7

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 S$105.0 Mil.

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

First Real Estate Investment Trust'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
=52.7 / 54.579
=96.60 %

* 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.


First Real Estate Investment Trust  (SGX:AW9U) 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

First Real Estate Investment Trust had a gross margin of 96.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage


First Real Estate Investment Trust Gross Profit Related Terms

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


First Real Estate Investment Trust (SGX:AW9U) Business Description

Traded in Other Exchanges
Address
333 Orchard Road, No. 33-02, Singapore, SGP, 238867
First Real Estate Investment Trust is a healthcare REIT that operates acquires, develops, and holds properties such as hospitals, hotels, and residential properties. The company is focused on building a diverse portfolio of yield-accretive properties. The vast majority of the company's revenue is generated in Indonesia, followed by Singapore. The company considers merger and acquisition investment as a component of its operational growth strategy.

First Real Estate Investment Trust (SGX:AW9U) Headlines

No Headlines