Daiwa House Logistics Trust (SGX:DHLU) Gross Margin % : 76.65% (As of Dec. 2023)

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What is Daiwa House Logistics Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daiwa House Logistics Trust's Gross Profit for the six months ended in Dec. 2023 was S$22.19 Mil. Daiwa House Logistics Trust's Revenue for the six months ended in Dec. 2023 was S$28.95 Mil. Therefore, Daiwa House Logistics Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 76.65%.

The historical rank and industry rank for Daiwa House Logistics Trust's Gross Margin % or its related term are showing as below:

SGX:DHLU' s Gross Margin % Range Over the Past 10 Years
Min: 72.12 Med: 75.7 Max: 77.14
Current: 75.73

During the past 5 years, the highest Gross Margin % of Daiwa House Logistics Trust was 77.14%. The lowest was 72.12%. And the median was 75.70%.

SGX:DHLU's Gross Margin % is ranked better than
64.65% of 628 companies
in the REITs industry
Industry Median: 68.83 vs SGX:DHLU: 75.73

Daiwa House Logistics Trust had a gross margin of 76.65% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Daiwa House Logistics Trust was 0.00% per year.

Daiwa House Logistics Trust Gross Margin % Historical Data

The historical data trend for Daiwa House Logistics 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.

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Daiwa House Logistics Trust Gross Margin % Chart

Daiwa House Logistics Trust Annual Data

Trend

Dec18

Dec19

Dec20

Dec22

Dec23

Gross Margin %

72.12

75.67

77.14

75.73

Daiwa House Logistics Trust Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			76.84	77.42	77.88	74.86	76.65

Competitive Comparison of Daiwa House Logistics Trust's Gross Margin %

For the REIT - Industrial subindustry, Daiwa House Logistics 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.

Daiwa House Logistics Trust's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa House Logistics Trust's Gross Margin % falls into.

Daiwa House Logistics Trust Gross Margin % Calculation

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

Daiwa House Logistics Trust'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 )
	=	45.3	/	59.852
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(59.852 - 14.528)	/	59.852
	=	75.73 %

Daiwa House Logistics Trust'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 )
	=	22.2	/	28.952
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(28.952 - 6.76)	/	28.952
	=	76.65 %

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.

Daiwa House Logistics Trust (SGX:DHLU) 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

Daiwa House Logistics Trust had a gross margin of 76.65% 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.

Daiwa House Logistics Trust Gross Margin % Related Terms

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Daiwa House Logistics Trust (SGX:DHLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa House Logistics Trust (SGX:DHLU) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Marina View, No. 14-09 Asia Square Tower 1, Singapore, SGP, 018960

Website

https://www.daiwahouse-logisticstrust.com

Daiwa House Logistics Trust is a real estate investment trust established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The DHLT Portfolio comprises 16 high-quality properties that are diversified across different regions in Japan, including the Greater Tokyo region and core regional markets in Japan.

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