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Aqar Real Estate Investments CoKC (KUW:AQAR) Gross Margin % : 79.10% (As of Dec. 2023)


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What is Aqar Real Estate Investments CoKC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aqar Real Estate Investments CoKC's Gross Profit for the three months ended in Dec. 2023 was KWD0.21 Mil. Aqar Real Estate Investments CoKC's Revenue for the three months ended in Dec. 2023 was KWD0.27 Mil. Therefore, Aqar Real Estate Investments CoKC's Gross Margin % for the quarter that ended in Dec. 2023 was 79.10%.

Warning Sign:

Aqar Real Estate Investments Co SAKC gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


The historical rank and industry rank for Aqar Real Estate Investments CoKC's Gross Margin % or its related term are showing as below:

KUW:AQAR' s Gross Margin % Range Over the Past 10 Years
Min: 82.49   Med: 89.32   Max: 93.42
Current: 82.49


During the past 13 years, the highest Gross Margin % of Aqar Real Estate Investments CoKC was 93.42%. The lowest was 82.49%. And the median was 89.32%.

KUW:AQAR's Gross Margin % is ranked better than
90.14% of 1653 companies
in the Real Estate industry
Industry Median: 36.8 vs KUW:AQAR: 82.49

Aqar Real Estate Investments CoKC had a gross margin of 79.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aqar Real Estate Investments CoKC was -2.10% per year.


Aqar Real Estate Investments CoKC Gross Margin % Historical Data

The historical data trend for Aqar Real Estate Investments CoKC'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.

Aqar Real Estate Investments CoKC Gross Margin % Chart

Aqar Real Estate Investments CoKC 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 91.06 87.61 85.40 83.45 82.49

Aqar Real Estate Investments CoKC 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 78.10 83.95 84.52 82.63 79.10

Competitive Comparison of Aqar Real Estate Investments CoKC's Gross Margin %

For the Real Estate Services subindustry, Aqar Real Estate Investments CoKC'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.


Aqar Real Estate Investments CoKC's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aqar Real Estate Investments CoKC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aqar Real Estate Investments CoKC's Gross Margin % falls into.



Aqar Real Estate Investments CoKC Gross Margin % Calculation

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

Aqar Real Estate Investments CoKC'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 )
=0.8 / 1.022
=(Revenue - Cost of Goods Sold) / Revenue
=(1.022 - 0.179) / 1.022
=82.49 %

Aqar Real Estate Investments CoKC'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 )
=0.2 / 0.268
=(Revenue - Cost of Goods Sold) / Revenue
=(0.268 - 0.056) / 0.268
=79.10 %

* 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.


Aqar Real Estate Investments CoKC  (KUW:AQAR) 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

Aqar Real Estate Investments CoKC had a gross margin of 79.10% 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.


Aqar Real Estate Investments CoKC Gross Margin % Related Terms

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Aqar Real Estate Investments CoKC (KUW:AQAR) Business Description

Traded in Other Exchanges
N/A
Address
Al Sharq - Al Shuhada’a Street, P.O. BOX 20017, Al-Eada Al-Kuwaitia Tower - Floor 14, Safat, Kuwait City, KWT, 13061
Aqar Real Estate Investments Co SAKC is a company based in Kuwait. It is engaged in trading, developing land and real estates, establishing, operating, and investing in hotels, motels, tourist resorts in addition to trading in shares and bonds of real estate companies as well as performing real estate consultancy services. The company operates in three segments which include Real estate segment, Investments segment, and Other segments.

Aqar Real Estate Investments CoKC (KUW:AQAR) Headlines

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