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Link Real Estate Investment Trust (HKSE:00823) Gross Margin % : 75.29% (As of Sep. 2023)


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What is Link Real Estate Investment Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Link Real Estate Investment Trust's Gross Profit for the six months ended in Sep. 2023 was HK$5,063 Mil. Link Real Estate Investment Trust's Revenue for the six months ended in Sep. 2023 was HK$6,725 Mil. Therefore, Link Real Estate Investment Trust's Gross Margin % for the quarter that ended in Sep. 2023 was 75.29%.


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

HKSE:00823' s Gross Margin % Range Over the Past 10 Years
Min: 72.7   Med: 75.61   Max: 76.69
Current: 74.89


During the past 13 years, the highest Gross Margin % of Link Real Estate Investment Trust was 76.69%. The lowest was 72.70%. And the median was 75.61%.

HKSE:00823's Gross Margin % is ranked better than
61.62% of 628 companies
in the REITs industry
Industry Median: 68.965 vs HKSE:00823: 74.89

Link Real Estate Investment Trust had a gross margin of 75.29% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Link Real Estate Investment Trust was -0.40% per year.


Link Real Estate Investment Trust Gross Margin % Historical Data

The historical data trend for Link 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.

Link Real Estate Investment Trust Gross Margin % Chart

Link Real Estate Investment Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.61 76.69 76.68 75.64 75.18

Link Real Estate Investment Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 76.00 75.29 75.92 74.47 75.29

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

For the REIT - Retail subindustry, Link 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.


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

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

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



Link Real Estate Investment Trust Gross Margin % Calculation

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

Link Real Estate Investment Trust's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=9198 / 12234
=(Revenue - Cost of Goods Sold) / Revenue
=(12234 - 3036) / 12234
=75.18 %

Link Real Estate Investment Trust's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=5063 / 6725
=(Revenue - Cost of Goods Sold) / Revenue
=(6725 - 1662) / 6725
=75.29 %

* 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.


Link Real Estate Investment Trust  (HKSE:00823) 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

Link Real Estate Investment Trust had a gross margin of 75.29% for the quarter that ended in Sep. 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.


Link Real Estate Investment Trust Gross Margin % Related Terms

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Link Real Estate Investment Trust (HKSE:00823) Business Description

Traded in Other Exchanges
Address
77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and about 60,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions and has since acquired retail and office properties in China, as well as an office development project in Hong Kong. More recently, Link expanded its footprint to Sydney, Melbourne, London, and Singapore.

Link Real Estate Investment Trust (HKSE:00823) Headlines

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