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Sankei Real Estate (TSE:2972) Gross Profit : 円8,278 Mil (TTM As of Aug. 2023)


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What is Sankei Real Estate Gross Profit?

Sankei Real Estate's gross profit for the six months ended in Aug. 2023 was 円1,641 Mil. Sankei Real Estate's gross profit for the trailing twelve months (TTM) ended in Aug. 2023 was 円8,278 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sankei Real Estate's gross profit for the six months ended in Aug. 2023 was 円1,641 Mil. Sankei Real Estate's Revenue for the six months ended in Aug. 2023 was 円2,751 Mil. Therefore, Sankei Real Estate's Gross Margin % for the quarter that ended in Aug. 2023 was 59.63%.

Sankei Real Estate had a gross margin of 59.63% for the quarter that ended in Aug. 2023 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Sankei Real Estate was 78.62%. The lowest was 56.59%. And the median was 64.04%.


Sankei Real Estate Gross Profit Historical Data

The historical data trend for Sankei Real Estate's Gross Profit 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.

Sankei Real Estate Gross Profit Chart

Sankei Real Estate Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Gross Profit
- 2,582.55 2,740.27 3,756.70 3,193.71

Sankei Real Estate Semi-Annual Data
Apr19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,805.57 1,951.12 1,552.99 1,640.72 6,637.36

Competitive Comparison of Sankei Real Estate's Gross Profit

For the REIT - Office subindustry, Sankei Real Estate's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Sankei Real Estate's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sankei Real Estate's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sankei Real Estate's Gross Profit falls into.



Sankei Real Estate Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Sankei Real Estate's Gross Profit for the fiscal year that ended in Aug. 2023 is calculated as

Gross Profit (A: Aug. 2023 )=Revenue - Cost of Goods Sold
=5643.271 - 2449.563
=3,194

Sankei Real Estate's Gross Profit for the quarter that ended in Aug. 2023 is calculated as

Gross Profit (Q: Aug. 2023 )=Revenue - Cost of Goods Sold
=2751.324 - 1110.607
=1,641

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円8,278 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Sankei Real Estate's Gross Margin % for the quarter that ended in Aug. 2023 is calculated as

Gross Margin % (Q: Aug. 2023 )=Gross Profit (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,641 / 2751.324
=59.63 %

* 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.


Sankei Real Estate  (TSE:2972) Gross Profit 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

Sankei Real Estate had a gross margin of 59.63% for the quarter that ended in Aug. 2023 => Durable competitive advantage


Sankei Real Estate Gross Profit Related Terms

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Sankei Real Estate (TSE:2972) Business Description

Traded in Other Exchanges
N/A
Address
1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.

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