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AlJazira Mawten (REIT) (SAU:4331) Gross Margin % : 75.69% (As of Dec. 2023)


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What is AlJazira Mawten (REIT) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AlJazira Mawten (REIT)'s Gross Profit for the six months ended in Dec. 2023 was ﷼2.26 Mil. AlJazira Mawten (REIT)'s Revenue for the six months ended in Dec. 2023 was ﷼2.99 Mil. Therefore, AlJazira Mawten (REIT)'s Gross Margin % for the quarter that ended in Dec. 2023 was 75.69%.


The historical rank and industry rank for AlJazira Mawten (REIT)'s Gross Margin % or its related term are showing as below:

SAU:4331' s Gross Margin % Range Over the Past 10 Years
Min: 73.5   Med: 80.55   Max: 83.72
Current: 79.52


During the past 7 years, the highest Gross Margin % of AlJazira Mawten (REIT) was 83.72%. The lowest was 73.50%. And the median was 80.55%.

SAU:4331's Gross Margin % is ranked better than
70.95% of 630 companies
in the REITs industry
Industry Median: 68.93 vs SAU:4331: 79.52

AlJazira Mawten (REIT) had a gross margin of 75.69% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AlJazira Mawten (REIT) was 0.00% per year.


AlJazira Mawten (REIT) Gross Margin % Historical Data

The historical data trend for AlJazira Mawten (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.

AlJazira Mawten (REIT) Gross Margin % Chart

AlJazira Mawten (REIT) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial - 83.72 81.58 73.50 79.52

AlJazira Mawten (REIT) Semi-Annual Data
Jun17 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 81.31 84.03 62.52 83.34 75.69

Competitive Comparison of AlJazira Mawten (REIT)'s Gross Margin %

For the REIT - Industrial subindustry, AlJazira Mawten (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.


AlJazira Mawten (REIT)'s Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AlJazira Mawten (REIT)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where AlJazira Mawten (REIT)'s Gross Margin % falls into.



AlJazira Mawten (REIT) Gross Margin % Calculation

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

AlJazira Mawten (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 )
=4.8 / 5.976
=(Revenue - Cost of Goods Sold) / Revenue
=(5.976 - 1.224) / 5.976
=79.52 %

AlJazira Mawten (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 )
=2.3 / 2.987
=(Revenue - Cost of Goods Sold) / Revenue
=(2.987 - 0.726) / 2.987
=75.69 %

* 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.


AlJazira Mawten (REIT)  (SAU:4331) 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

AlJazira Mawten (REIT) had a gross margin of 75.69% 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.


AlJazira Mawten (REIT) Gross Margin % Related Terms

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AlJazira Mawten (REIT) (SAU:4331) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road, P.O. Box 20438, Al Riyadh, SAU, 11455
AlJazira Mawten (REIT) is a Shariah-compliant real estate investment traded fund. The main investment objective of the fund is to invest in structurally developed real estate that generates periodic income and has invested mainly in warehouses in Jeddah.

AlJazira Mawten (REIT) (SAU:4331) Headlines

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