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CDL Hospitality Trusts (SGX:J85) Gross Margin %

: 54.54% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. CDL Hospitality Trusts's Gross Profit for the six months ended in Dec. 2023 was S$75.5 Mil. CDL Hospitality Trusts's Revenue for the six months ended in Dec. 2023 was S$138.3 Mil. Therefore, CDL Hospitality Trusts's Gross Margin % for the quarter that ended in Dec. 2023 was 54.54%.

Warning Sign:

CDL Hospitality Trusts gross margin has been in long-term decline. The average rate of decline per year is -6.7%.


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

SGX:J85' s Gross Margin % Range Over the Past 10 Years
Min: 53.7   Med: 72.04   Max: 86.25
Current: 53.7


During the past 13 years, the highest Gross Margin % of CDL Hospitality Trusts was 86.25%. The lowest was 53.70%. And the median was 72.04%.

SGX:J85's Gross Margin % is ranked worse than
81.23% of 634 companies
in the REITs industry
Industry Median: 68.745 vs SGX:J85: 53.70

CDL Hospitality Trusts had a gross margin of 54.54% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CDL Hospitality Trusts was -6.70% per year.


CDL Hospitality Trusts Gross Margin % Historical Data

The historical data trend for CDL Hospitality Trusts'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 Hospitality Trusts 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 71.70 58.97 54.60 53.94 53.70

CDL Hospitality Trusts 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 53.70 51.67 55.66 52.72 54.54

Competitive Comparison

For the REIT - Hotel & Motel subindustry, CDL Hospitality Trusts'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 Hospitality Trusts Gross Margin % Distribution

For the REITs industry and Real Estate sector, CDL Hospitality Trusts's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CDL Hospitality Trusts's Gross Margin % falls into.



CDL Hospitality Trusts Gross Margin % Calculation

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

CDL Hospitality Trusts'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 )
=138.3 / 257.556
=(Revenue - Cost of Goods Sold) / Revenue
=(257.556 - 119.252) / 257.556
=53.70 %

CDL Hospitality Trusts'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 )
=75.5 / 138.334
=(Revenue - Cost of Goods Sold) / Revenue
=(138.334 - 62.884) / 138.334
=54.54 %

* 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.


CDL Hospitality Trusts  (SGX:J85) 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 Hospitality Trusts had a gross margin of 54.54% 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.


CDL Hospitality Trusts Gross Margin % Related Terms

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CDL Hospitality Trusts (SGX:J85) Business Description

Traded in Other Exchanges
N/A
Address
390 Havelock Road, No. 02-06 King's Centre, Singapore, SGP, 169662
CDL Hospitality Trusts is a group composed of real estate development trusts specializing in hotel properties. The group has a diversified portfolio of real estate or development projects, which is principally used for hospitality, hospitality-related, and other accommodation purposes. It derives the majority of its revenue from rentals and hotels and geographically from Singapore.

CDL Hospitality Trusts (SGX:J85) Headlines

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