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Sasseur REIT (SGX:CRPU) Gross Margin % : 93.52% (As of Dec. 2023)


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What is Sasseur REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sasseur REIT's Gross Profit for the six months ended in Dec. 2023 was S$59.1 Mil. Sasseur REIT's Revenue for the six months ended in Dec. 2023 was S$63.2 Mil. Therefore, Sasseur REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 93.52%.


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

SGX:CRPU' s Gross Margin % Range Over the Past 10 Years
Min: 92.7   Med: 92.94   Max: 93.17
Current: 93.17


During the past 7 years, the highest Gross Margin % of Sasseur REIT was 93.17%. The lowest was 92.70%. And the median was 92.94%.

SGX:CRPU's Gross Margin % is ranked better than
90.61% of 628 companies
in the REITs industry
Industry Median: 68.93 vs SGX:CRPU: 93.17

Sasseur REIT had a gross margin of 93.52% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Sasseur REIT Gross Margin % Historical Data

The historical data trend for Sasseur 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.

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Sasseur REIT Gross Margin % Chart

Sasseur REIT Annual Data
Trend Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial - - - 92.70 93.17

Sasseur REIT Semi-Annual Data
Dec16 Sep18 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 - 92.89 92.49 92.82 93.52

Competitive Comparison of Sasseur REIT's Gross Margin %

For the REIT - Retail subindustry, Sasseur 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.


Sasseur REIT's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Sasseur REIT's Gross Margin % falls into.



Sasseur REIT Gross Margin % Calculation

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

Sasseur 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 )
=118.1 / 126.726
=(Revenue - Cost of Goods Sold) / Revenue
=(126.726 - 8.656) / 126.726
=93.17 %

Sasseur 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 )
=59.1 / 63.232
=(Revenue - Cost of Goods Sold) / Revenue
=(63.232 - 4.098) / 63.232
=93.52 %

* 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.


Sasseur REIT  (SGX:CRPU) 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

Sasseur REIT had a gross margin of 93.52% 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.


Sasseur REIT Gross Margin % Related Terms

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Sasseur REIT (SGX:CRPU) Business Description

Traded in Other Exchanges
N/A
Address
7 Temasek Boulevard, No. 06-05, Suntec Tower One, Singapore, SGP, 038987
Sasseur REIT operates as a real estate investment trust. The firm invests in a diversified portfolio of income-producing retail real estate assets. Sasseur Real Estate Investment Trust serves customers in Asia. Its reportable segments are investment properties located in China which consist of Chongqing Outlets; Bishan Outlets; Hefei Outlets; Kunming Outlets.

Sasseur REIT (SGX:CRPU) Headlines

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