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CDL Investments New Zealand (NZSE:CDI) Gross Margin % : 63.77% (As of Dec. 2023)


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What is CDL Investments New Zealand Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CDL Investments New Zealand's Gross Profit for the six months ended in Dec. 2023 was NZ$12.08 Mil. CDL Investments New Zealand's Revenue for the six months ended in Dec. 2023 was NZ$18.93 Mil. Therefore, CDL Investments New Zealand's Gross Margin % for the quarter that ended in Dec. 2023 was 63.77%.


The historical rank and industry rank for CDL Investments New Zealand's Gross Margin % or its related term are showing as below:

NZSE:CDI' s Gross Margin % Range Over the Past 10 Years
Min: 49.58   Med: 55.04   Max: 68.53
Current: 62.79


During the past 13 years, the highest Gross Margin % of CDL Investments New Zealand was 68.53%. The lowest was 49.58%. And the median was 55.04%.

NZSE:CDI's Gross Margin % is ranked better than
74.18% of 1654 companies
in the Real Estate industry
Industry Median: 36.83 vs NZSE:CDI: 62.79

CDL Investments New Zealand had a gross margin of 63.77% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CDL Investments New Zealand was 3.30% per year.


CDL Investments New Zealand Gross Margin % Historical Data

The historical data trend for CDL Investments New Zealand'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.

CDL Investments New Zealand Gross Margin % Chart

CDL Investments New Zealand 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 54.98 50.69 50.74 68.53 62.79

CDL Investments New Zealand 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 51.24 69.95 65.07 61.22 63.77

Competitive Comparison of CDL Investments New Zealand's Gross Margin %

For the Real Estate - Development subindustry, CDL Investments New Zealand'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.


CDL Investments New Zealand's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where CDL Investments New Zealand's Gross Margin % falls into.



CDL Investments New Zealand Gross Margin % Calculation

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

CDL Investments New Zealand'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 )
=19.3 / 30.779
=(Revenue - Cost of Goods Sold) / Revenue
=(30.779 - 11.453) / 30.779
=62.79 %

CDL Investments New Zealand'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 )
=12.1 / 18.934
=(Revenue - Cost of Goods Sold) / Revenue
=(18.934 - 6.859) / 18.934
=63.77 %

* 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.


CDL Investments New Zealand  (NZSE:CDI) 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

CDL Investments New Zealand had a gross margin of 63.77% 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.


CDL Investments New Zealand Gross Margin % Related Terms

Thank you for viewing the detailed overview of CDL Investments New Zealand's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CDL Investments New Zealand (NZSE:CDI) Business Description

Traded in Other Exchanges
N/A
Address
Level 7, 23 Customs Street East, P O Box 3248, Shortland Street, Auckland, NZL, 1140
CDL Investments New Zealand Ltd is engaged in land-based investment and development. The principal activity of the company is the development and sale of residential land properties. The operating segments of the Group consist of property operations, comprising the development and sale of residential land sections and rental income from development properties and investment properties. The company's subdivisions include Magellan Heights, Northwood, Washbourn Terraces, and Stonebrook.

CDL Investments New Zealand (NZSE:CDI) Headlines