TECOM Group PJSC (DFM:TECOM) Gross-Profit-to-Asset % : 10.10% (As of Mar. 2024)

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What is TECOM Group PJSC 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. TECOM Group PJSC's annualized Gross Profit for the quarter that ended in Mar. 2024 was د.إ1,515 Mil. TECOM Group PJSC's average Total Assets over the quarter that ended in Mar. 2024 was د.إ15,001 Mil. Therefore, TECOM Group PJSC's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.10%.

TECOM Group PJSC Gross-Profit-to-Asset % Historical Data

The historical data trend for TECOM Group PJSC'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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TECOM Group PJSC Gross-Profit-to-Asset % Chart

TECOM Group PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

6.99

6.36

6.22

7.80

9.59

TECOM Group PJSC Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial									9.40	9.59	9.33	10.19	10.10

Competitive Comparison of TECOM Group PJSC's Gross-Profit-to-Asset %

For the Real Estate Services subindustry, TECOM Group PJSC'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.

TECOM Group PJSC's Gross-Profit-to-Asset % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TECOM Group PJSC's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where TECOM Group PJSC's Gross-Profit-to-Asset % falls into.

TECOM Group PJSC Gross-Profit-to-Asset % Calculation

TECOM Group PJSC's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	1408.815	/	( (14555.333	+	14814.265)	/ 2 )
	=	1408.815	/	14684.799
	=	9.59 %

TECOM Group PJSC's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1514.628	/	( (14814.265	+	15187.108)	/ 2 )
	=	1514.628	/	15000.6865
	=	10.10 %

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 four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

TECOM Group PJSC Gross-Profit-to-Asset % Related Terms

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TECOM Group PJSC (DFM:TECOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TECOM Group PJSC (DFM:TECOM) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE

Website

https://www.tecomgroup.ae

TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services, and others.

TECOM Group PJSC (DFM:TECOM) Headlines

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