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Bangkok Commercial Property Fund (BKK:BKKCP) Gross Margin % : 62.99% (As of Dec. 2023)


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What is Bangkok Commercial Property Fund Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bangkok Commercial Property Fund's Gross Profit for the three months ended in Dec. 2023 was ฿17.2 Mil. Bangkok Commercial Property Fund's Revenue for the three months ended in Dec. 2023 was ฿27.2 Mil. Therefore, Bangkok Commercial Property Fund's Gross Margin % for the quarter that ended in Dec. 2023 was 62.99%.


The historical rank and industry rank for Bangkok Commercial Property Fund's Gross Margin % or its related term are showing as below:

BKK:BKKCP' s Gross Margin % Range Over the Past 10 Years
Min: 55.42   Med: 63.4   Max: 73.57
Current: 63.36


During the past 13 years, the highest Gross Margin % of Bangkok Commercial Property Fund was 73.57%. The lowest was 55.42%. And the median was 63.40%.

BKK:BKKCP's Gross Margin % is ranked worse than
63.12% of 629 companies
in the REITs industry
Industry Median: 68.8 vs BKK:BKKCP: 63.36

Bangkok Commercial Property Fund had a gross margin of 62.99% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bangkok Commercial Property Fund was -0.50% per year.


Bangkok Commercial Property Fund Gross Margin % Historical Data

The historical data trend for Bangkok Commercial Property Fund'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.

Bangkok Commercial Property Fund Gross Margin % Chart

Bangkok Commercial Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.01 65.73 73.57 63.59 63.21

Bangkok Commercial Property Fund Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 65.25 64.59 63.42 62.38 62.99

Competitive Comparison of Bangkok Commercial Property Fund's Gross Margin %

For the REIT - Office subindustry, Bangkok Commercial Property Fund'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.


Bangkok Commercial Property Fund's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bangkok Commercial Property Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bangkok Commercial Property Fund's Gross Margin % falls into.



Bangkok Commercial Property Fund Gross Margin % Calculation

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

Bangkok Commercial Property Fund's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=69.3 / 109.61
=(Revenue - Cost of Goods Sold) / Revenue
=(109.61 - 40.325) / 109.61
=63.21 %

Bangkok Commercial Property Fund'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 )
=17.2 / 27.237
=(Revenue - Cost of Goods Sold) / Revenue
=(27.237 - 10.08) / 27.237
=62.99 %

* 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.


Bangkok Commercial Property Fund  (BKK:BKKCP) 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

Bangkok Commercial Property Fund had a gross margin of 62.99% 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.


Bangkok Commercial Property Fund Gross Margin % Related Terms

Thank you for viewing the detailed overview of Bangkok Commercial Property Fund's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bangkok Commercial Property Fund (BKK:BKKCP) Business Description

Traded in Other Exchanges
N/A
Address
9 Rama 1 Road, 989 Siam Piwat Tower, 24th Floor, Patumwan, Bangkok, THA, 10330
Bangkok Commercial Property Fund is a closed-end fund investing in property and property lease rights. The primary objective of the fund is to maintain an appropriate capital structure in order to provide returns for unitholders in accordance with the fund's establishment objective. The company invests in properties such as office suites and commercial apartments in Charn Issara Tower and Charn Issara Tower II. Geographically it operates through the region of Thailand.

Bangkok Commercial Property Fund (BKK:BKKCP) Headlines

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