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Shui On Land (HKSE:00272) Gross Margin % : 63.11% (As of Dec. 2023)


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What is Shui On Land Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shui On Land's Gross Profit for the six months ended in Dec. 2023 was HK$2,293 Mil. Shui On Land's Revenue for the six months ended in Dec. 2023 was HK$3,632 Mil. Therefore, Shui On Land's Gross Margin % for the quarter that ended in Dec. 2023 was 63.11%.


The historical rank and industry rank for Shui On Land's Gross Margin % or its related term are showing as below:

HKSE:00272' s Gross Margin % Range Over the Past 10 Years
Min: 26.1   Med: 41.73   Max: 51.73
Current: 51.73


During the past 13 years, the highest Gross Margin % of Shui On Land was 51.73%. The lowest was 26.10%. And the median was 41.73%.

HKSE:00272's Gross Margin % is ranked better than
64.29% of 1658 companies
in the Real Estate industry
Industry Median: 36.66 vs HKSE:00272: 51.73

Shui On Land had a gross margin of 63.11% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shui On Land was 6.40% per year.


Shui On Land Gross Margin % Historical Data

The historical data trend for Shui On Land'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.

Shui On Land Gross Margin % Chart

Shui On Land 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 51.13 51.12 40.86 42.72 51.73

Shui On Land 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 39.96 63.90 34.33 45.86 63.11

Competitive Comparison of Shui On Land's Gross Margin %

For the Real Estate - Development subindustry, Shui On Land'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.


Shui On Land's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shui On Land's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shui On Land's Gross Margin % falls into.



Shui On Land Gross Margin % Calculation

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

Shui On Land'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 )
=5518.1 / 10666.532
=(Revenue - Cost of Goods Sold) / Revenue
=(10666.532 - 5148.418) / 10666.532
=51.73 %

Shui On Land'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 )
=2292.6 / 3632.44
=(Revenue - Cost of Goods Sold) / Revenue
=(3632.44 - 1339.879) / 3632.44
=63.11 %

* 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.


Shui On Land  (HKSE:00272) 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

Shui On Land had a gross margin of 63.11% 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.


Shui On Land Gross Margin % Related Terms

Thank you for viewing the detailed overview of Shui On Land's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shui On Land (HKSE:00272) Business Description

Traded in Other Exchanges
Address
333 Huai Hai Zhong Road, 26th Floor, Shui On Plaza, Shanghai, CHN, 200021
Shui On Land Ltd is an investment holding company. It develops and operates residential, office, retail, entertainment, and cultural properties. The reportable segments of the company are 1) The Property Development segment is concerned with the development and sale of properties. 2) The construction segment offers construction, interior fitting-out, renovation and maintenance of building premises. 3) The Property investment segment includes offices and commercial / mall leasing. 4) The Property management segment includes the provision of daily management services of properties.
Executives
Bosrich Holdings (ptc) Inc.
Shui On Company Limited
Lo Hong Sui
Lo Bo Yue, Stephanie
Chu Loletta 2202 Interest of your spouse
Hsbc International Trustee Limited 2301 Trustee

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