China Merchants Commercial�REIT (HKSE:01503) Gross-Profit-to-Asset % : 3.11% (As of Jun. 2023)

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What is China Merchants Commercial�REIT Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. China Merchants Commercial�REIT's annualized Gross Profit for the quarter that ended in Jun. 2023 was HK$367.9 Mil. China Merchants Commercial�REIT's average Total Assets over the quarter that ended in Jun. 2023 was HK$11,844.7 Mil. Therefore, China Merchants Commercial�REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 3.11%.

China Merchants Commercial�REIT Gross-Profit-to-Asset % Historical Data

The historical data trend for China Merchants Commercial�REIT's Gross-Profit-to-Asset % 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.

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China Merchants Commercial�REIT Gross-Profit-to-Asset % Chart

China Merchants Commercial�REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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0.23

3.70

4.41

3.33

3.31

China Merchants Commercial�REIT Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial									4.29	2.45	3.66	3.11	3.56

Competitive Comparison of China Merchants Commercial�REIT's Gross-Profit-to-Asset %

For the REIT - Office subindustry, China Merchants Commercial�REIT's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

China Merchants Commercial�REIT's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, China Merchants Commercial�REIT's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where China Merchants Commercial�REIT's Gross-Profit-to-Asset % falls into.

China Merchants Commercial�REIT Gross-Profit-to-Asset % Calculation

China Merchants Commercial�REIT's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	355.435	/	( (9261.828	+	12087.722)	/ 2 )
	=	355.435	/	10674.775
	=	3.33 %

China Merchants Commercial�REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	367.856	/	( (12087.722	+	11601.59)	/ 2 )
	=	367.856	/	11844.656
	=	3.11 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Jun. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

China Merchants Commercial�REIT Gross-Profit-to-Asset % Related Terms

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China Merchants Commercial�REIT (HKSE:01503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » China Merchants Commercial�REIT (HKSE:01503) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

China Merchants Tower, Shun Tak Centre, Room 2603-2606, 26th Floor, Connaught Road Central, Hong Kong, HKG, 168-200

Website

https://www.cmcreit.com

China Merchants Commercial REIT and its subsidiaries are engaged in property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre and Technology Building 2 among others.

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