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SIMEF (Sime Darby Property Bhd) Gross Profit : $295.6 Mil (TTM As of Sep. 2024)


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What is Sime Darby Property Bhd Gross Profit?

Sime Darby Property Bhd's gross profit for the three months ended in Sep. 2024 was $80.1 Mil. Sime Darby Property Bhd's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $295.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sime Darby Property Bhd's gross profit for the three months ended in Sep. 2024 was $80.1 Mil. Sime Darby Property Bhd's Revenue for the three months ended in Sep. 2024 was $256.6 Mil. Therefore, Sime Darby Property Bhd's Gross Margin % for the quarter that ended in Sep. 2024 was 31.23%.

Sime Darby Property Bhd had a gross margin of 31.23% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Sime Darby Property Bhd was 36.23%. The lowest was 15.55%. And the median was 28.32%.


Sime Darby Property Bhd Gross Profit Historical Data

The historical data trend for Sime Darby Property Bhd'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.

Sime Darby Property Bhd Gross Profit Chart

Sime Darby Property Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.07 79.10 139.93 187.45 216.61

Sime Darby Property Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 73.27 59.29 64.40 91.80 80.14

Competitive Comparison of Sime Darby Property Bhd's Gross Profit

For the Real Estate - Development subindustry, Sime Darby Property Bhd'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.


Sime Darby Property Bhd's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sime Darby Property Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sime Darby Property Bhd's Gross Profit falls into.



Sime Darby Property Bhd Gross Profit Calculation

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

Sime Darby Property Bhd'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
=737.859 - 521.253
=216.6

Sime Darby Property Bhd's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=256.562 - 176.426
=80.1

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $295.6 Mil.

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

Sime Darby Property Bhd's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=80.1 / 256.562
=31.23 %

* 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.


Sime Darby Property Bhd  (OTCPK:SIMEF) 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

Sime Darby Property Bhd had a gross margin of 31.23% for the quarter that ended in Sep. 2024 => Competition eroding margins


Sime Darby Property Bhd Gross Profit Related Terms

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Sime Darby Property Bhd Business Description

Traded in Other Exchanges
Address
No. 2, Jalan PJU 1A/7A, Ara Damansara, PJU 1A, Level 10, Block G, Petaling Jaya, SGR, MYS, 47301
Sime Darby Property Bhd is a property development company. The company is engaged in property investment, asset management, hospitality, and leisure activities. The company's townships include USJ Heights, East Residence, Putra Residence, Inspirasiku, Ara Damansara, PJ Midtown, KL East, and Chemara Hills among others.

Sime Darby Property Bhd Headlines

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