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Winton Land (NZSE:WIN) Gross Margin % : 30.72% (As of Dec. 2023)


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What is Winton Land Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Winton Land's Gross Profit for the six months ended in Dec. 2023 was NZ$25.6 Mil. Winton Land's Revenue for the six months ended in Dec. 2023 was NZ$83.5 Mil. Therefore, Winton Land's Gross Margin % for the quarter that ended in Dec. 2023 was 30.72%.


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

NZSE:WIN' s Gross Margin % Range Over the Past 10 Years
Min: 45.02   Med: 48.33   Max: 51.63
Current: 45.87


During the past 3 years, the highest Gross Margin % of Winton Land was 51.63%. The lowest was 45.02%. And the median was 48.33%.

NZSE:WIN's Gross Margin % is ranked better than
59.77% of 1653 companies
in the Real Estate industry
Industry Median: 36.78 vs NZSE:WIN: 45.87

Winton Land had a gross margin of 30.72% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Winton Land was 0.00% per year.


Winton Land Gross Margin % Historical Data

The historical data trend for Winton 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.

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Winton Land Gross Margin % Chart

Winton Land Annual Data
Trend Jun21 Jun22 Jun23
Gross Margin %
- 45.02 51.63

Winton Land Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % 42.87 45.85 45.58 55.59 30.72

Competitive Comparison of Winton Land's Gross Margin %

For the Real Estate - Development subindustry, Winton 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.


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

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

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



Winton Land Gross Margin % Calculation

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

Winton Land's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=111 / 215.072
=(Revenue - Cost of Goods Sold) / Revenue
=(215.072 - 104.026) / 215.072
=51.63 %

Winton 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 )
=25.6 / 83.487
=(Revenue - Cost of Goods Sold) / Revenue
=(83.487 - 57.84) / 83.487
=30.72 %

* 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.


Winton Land  (NZSE:WIN) 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

Winton Land had a gross margin of 30.72% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Winton Land Gross Margin % Related Terms

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Winton Land (NZSE:WIN) Business Description

Traded in Other Exchanges
Address
10 Viaduct Harbour Avenue, Level 4, Auckland, NTL, NZL, 1010
Winton Land Ltd is a privately owned developer with projects in New Zealand and Australia. It specializes in developing integrated and fully master-planned communities. The company has a portfolio of several resident lots, dwellings, apartment units, and retirement village units. The company has three reportable segments which are Residential development, Retirement villages, and Commercial portfolio and the company generates the majority of its revenue from residential development.

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