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Suntec Real Estate Investment Trust (SGX:T82U) Gross Margin % : 66.30% (As of Dec. 2023)


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What is Suntec Real Estate Investment Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Suntec Real Estate Investment Trust's Gross Profit for the six months ended in Dec. 2023 was S$158.1 Mil. Suntec Real Estate Investment Trust's Revenue for the six months ended in Dec. 2023 was S$238.4 Mil. Therefore, Suntec Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 66.30%.


The historical rank and industry rank for Suntec Real Estate Investment Trust's Gross Margin % or its related term are showing as below:

SGX:T82U' s Gross Margin % Range Over the Past 10 Years
Min: 64.1   Med: 67.63   Max: 73.41
Current: 67.29


During the past 13 years, the highest Gross Margin % of Suntec Real Estate Investment Trust was 73.41%. The lowest was 64.10%. And the median was 67.63%.

SGX:T82U's Gross Margin % is ranked worse than
53.42% of 629 companies
in the REITs industry
Industry Median: 68.8 vs SGX:T82U: 67.29

Suntec Real Estate Investment Trust had a gross margin of 66.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Suntec Real Estate Investment Trust was 1.70% per year.


Suntec Real Estate Investment Trust Gross Margin % Historical Data

The historical data trend for Suntec Real Estate Investment Trust'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.

Suntec Real Estate Investment Trust Gross Margin % Chart

Suntec Real Estate Investment Trust 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 64.10 64.14 69.91 73.41 67.29

Suntec Real Estate Investment Trust 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 71.98 75.12 71.84 68.35 66.30

Competitive Comparison of Suntec Real Estate Investment Trust's Gross Margin %

For the REIT - Diversified subindustry, Suntec Real Estate Investment Trust'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.


Suntec Real Estate Investment Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Suntec Real Estate Investment Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Suntec Real Estate Investment Trust's Gross Margin % falls into.



Suntec Real Estate Investment Trust Gross Margin % Calculation

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

Suntec Real Estate Investment Trust'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 )
=311.4 / 462.739
=(Revenue - Cost of Goods Sold) / Revenue
=(462.739 - 151.351) / 462.739
=67.29 %

Suntec Real Estate Investment Trust'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 )
=158.1 / 238.439
=(Revenue - Cost of Goods Sold) / Revenue
=(238.439 - 80.355) / 238.439
=66.30 %

* 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.


Suntec Real Estate Investment Trust  (SGX:T82U) 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

Suntec Real Estate Investment Trust had a gross margin of 66.30% 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.


Suntec Real Estate Investment Trust Gross Margin % Related Terms

Thank you for viewing the detailed overview of Suntec Real Estate Investment Trust's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Suntec Real Estate Investment Trust (SGX:T82U) Business Description

Traded in Other Exchanges
Address
5 Temasek Boulevard, No 12-01 Suntec Tower Five, Singapore, SGP, 038985
Suntec REIT owns a SGD 12.2 billion portfolio (as of Sep. 30, 2023) of income-producing office and retail properties in Singapore, Australia, and the U.K. The majority of its assets, based on asset values, are offices (78%) and located in Singapore (69%). Its flagship asset is Suntec City, one of Singapore's largest integrated developments, consisting of offices, retail and a convention center. The trust is externally managed by ARA Trust Management (Suntec), a wholly owned subsidiary of ESR Group that has a 9% stake in Suntec REIT.

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