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AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG-F) Gross Margin % : 88.03% (As of Dec. 2023)


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What is AIM Commercial Growth Freehold And Leasehold REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AIM Commercial Growth Freehold And Leasehold REIT's Gross Profit for the three months ended in Dec. 2023 was ฿76.8 Mil. AIM Commercial Growth Freehold And Leasehold REIT's Revenue for the three months ended in Dec. 2023 was ฿87.2 Mil. Therefore, AIM Commercial Growth Freehold And Leasehold REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 88.03%.


The historical rank and industry rank for AIM Commercial Growth Freehold And Leasehold REIT's Gross Margin % or its related term are showing as below:

BKK:AIMCG-F' s Gross Margin % Range Over the Past 10 Years
Min: 87.92   Med: 88.78   Max: 89.53
Current: 87.92


During the past 5 years, the highest Gross Margin % of AIM Commercial Growth Freehold And Leasehold REIT was 89.53%. The lowest was 87.92%. And the median was 88.78%.

BKK:AIMCG-F's Gross Margin % is ranked better than
82.64% of 628 companies
in the REITs industry
Industry Median: 68.93 vs BKK:AIMCG-F: 87.92

AIM Commercial Growth Freehold And Leasehold REIT had a gross margin of 88.03% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AIM Commercial Growth Freehold And Leasehold REIT was 0.00% per year.


AIM Commercial Growth Freehold And Leasehold REIT Gross Margin % Historical Data

The historical data trend for AIM Commercial Growth Freehold And Leasehold REIT'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.

AIM Commercial Growth Freehold And Leasehold REIT Gross Margin % Chart

AIM Commercial Growth Freehold And Leasehold REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
89.53 89.41 88.42 88.78 87.92

AIM Commercial Growth Freehold And Leasehold REIT Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 88.24 88.43 87.41 87.80 88.03

Competitive Comparison of AIM Commercial Growth Freehold And Leasehold REIT's Gross Margin %

For the REIT - Retail subindustry, AIM Commercial Growth Freehold And Leasehold REIT'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.


AIM Commercial Growth Freehold And Leasehold REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AIM Commercial Growth Freehold And Leasehold REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AIM Commercial Growth Freehold And Leasehold REIT's Gross Margin % falls into.



AIM Commercial Growth Freehold And Leasehold REIT Gross Margin % Calculation

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

AIM Commercial Growth Freehold And Leasehold REIT'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 )
=309.6 / 352.196
=(Revenue - Cost of Goods Sold) / Revenue
=(352.196 - 42.555) / 352.196
=87.92 %

AIM Commercial Growth Freehold And Leasehold REIT'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 )
=76.8 / 87.205
=(Revenue - Cost of Goods Sold) / Revenue
=(87.205 - 10.439) / 87.205
=88.03 %

* 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.


AIM Commercial Growth Freehold And Leasehold REIT  (BKK:AIMCG-F) 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

AIM Commercial Growth Freehold And Leasehold REIT had a gross margin of 88.03% 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.


AIM Commercial Growth Freehold And Leasehold REIT Gross Margin % Related Terms

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AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG-F) Business Description

Traded in Other Exchanges
Address
Witthayu Road, GPF Witthayu Building, No. 93/1, Unit 803, 8th floor,Tower B, Lumpini, Pathumwan, Bangkok, THA, 10330
AIM Commercial Growth Freehold And Leasehold REIT is a company that invests in commercial real estate properties. It invests in shopping centers, lifestyle malls, office buildings, convention centers, and others as well as any related facilities, and equipment. Its projects portfolio includes UD Town Project, 72 Courtyard Project, Porto Chino Project, and Noble Solo Project and Others. The company operates its business in Thailand.

AIM Commercial Growth Freehold And Leasehold REIT (BKK:AIMCG-F) Headlines

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