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Ingenia Communities Group (ASX:INA) Gross Margin % : 65.54% (As of Dec. 2023)


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What is Ingenia Communities Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ingenia Communities Group's Gross Profit for the six months ended in Dec. 2023 was A$135.3 Mil. Ingenia Communities Group's Revenue for the six months ended in Dec. 2023 was A$206.4 Mil. Therefore, Ingenia Communities Group's Gross Margin % for the quarter that ended in Dec. 2023 was 65.54%.


The historical rank and industry rank for Ingenia Communities Group's Gross Margin % or its related term are showing as below:

ASX:INA' s Gross Margin % Range Over the Past 10 Years
Min: 53.62   Med: 60.01   Max: 66.78
Current: 65.45


During the past 13 years, the highest Gross Margin % of Ingenia Communities Group was 66.78%. The lowest was 53.62%. And the median was 60.01%.

ASX:INA's Gross Margin % is ranked worse than
58.04% of 634 companies
in the REITs industry
Industry Median: 68.745 vs ASX:INA: 65.45

Ingenia Communities Group had a gross margin of 65.54% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ingenia Communities Group was 3.00% per year.


Ingenia Communities Group Gross Margin % Historical Data

The historical data trend for Ingenia Communities Group's Gross Margin % 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.

Ingenia Communities Group Gross Margin % Chart

Ingenia Communities Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.22 60.89 63.00 66.15 66.78

Ingenia Communities Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % 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 67.60 65.21 68.62 65.36 65.54

Competitive Comparison of Ingenia Communities Group's Gross Margin %

For the REIT - Residential subindustry, Ingenia Communities Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Ingenia Communities Group's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ingenia Communities Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ingenia Communities Group's Gross Margin % falls into.



Ingenia Communities Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Ingenia Communities Group's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=257.5 / 385.51
=(Revenue - Cost of Goods Sold) / Revenue
=(385.51 - 128.059) / 385.51
=66.78 %

Ingenia Communities Group'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 )
=135.3 / 206.414
=(Revenue - Cost of Goods Sold) / Revenue
=(206.414 - 71.12) / 206.414
=65.54 %

* 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.


Ingenia Communities Group  (ASX:INA) Gross Margin % 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

Ingenia Communities Group had a gross margin of 65.54% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Ingenia Communities Group Gross Margin % Related Terms

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Ingenia Communities Group (ASX:INA) Business Description

Traded in Other Exchanges
Address
88 Cumberland Street, Level 3, The Rocks, NSW, AUS, 2000
Ingenia Communities is an Australian real estate investment trust with a property portfolio capitalizing on tourism, retirement, and low-cost housing needs. The largest and fastest growing source of income is the firm's land-lease communities targeted at the over-55s population. This business generates development income on houses and rental income from the land. Additional rental and fee income are generated from housing communities and holiday parks. The firm's assets are situated in Australia's eastern states, with a focus on coastal and outer metropolitan regions.

Ingenia Communities Group (ASX:INA) Headlines

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