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CapitaLand Ascendas REIT (SGX:A17U) Gross Margin % : 67.53% (As of Dec. 2023)


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What is CapitaLand Ascendas REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CapitaLand Ascendas REIT's Gross Profit for the six months ended in Dec. 2023 was S$514 Mil. CapitaLand Ascendas REIT's Revenue for the six months ended in Dec. 2023 was S$762 Mil. Therefore, CapitaLand Ascendas REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 67.53%.


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

SGX:A17U' s Gross Margin % Range Over the Past 10 Years
Min: 68.71   Med: 72.32   Max: 75.07
Current: 69.14


During the past 13 years, the highest Gross Margin % of CapitaLand Ascendas REIT was 75.07%. The lowest was 68.71%. And the median was 72.32%.

SGX:A17U's Gross Margin % is ranked better than
51.58% of 634 companies
in the REITs industry
Industry Median: 68.745 vs SGX:A17U: 69.14

CapitaLand Ascendas REIT had a gross margin of 67.53% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CapitaLand Ascendas REIT was -0.90% per year.


CapitaLand Ascendas REIT Gross Margin % Historical Data

The historical data trend for CapitaLand Ascendas 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.

CapitaLand Ascendas REIT Gross Margin % Chart

CapitaLand Ascendas REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.30 73.47 75.07 71.62 69.14

CapitaLand Ascendas REIT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.19 71.55 71.68 70.86 67.53

Competitive Comparison of CapitaLand Ascendas REIT's Gross Margin %

For the REIT - Industrial subindustry, CapitaLand Ascendas 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.


CapitaLand Ascendas REIT's Gross Margin % Distribution in the REITs Industry

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

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



CapitaLand Ascendas REIT Gross Margin % Calculation

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

CapitaLand Ascendas 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 )
=1023.2 / 1479.778
=(Revenue - Cost of Goods Sold) / Revenue
=(1479.778 - 456.627) / 1479.778
=69.14 %

CapitaLand Ascendas 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 )
=514.3 / 761.673
=(Revenue - Cost of Goods Sold) / Revenue
=(761.673 - 247.344) / 761.673
=67.53 %

* 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.


CapitaLand Ascendas REIT  (SGX:A17U) 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

CapitaLand Ascendas REIT had a gross margin of 67.53% 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.


CapitaLand Ascendas REIT Gross Margin % Related Terms

Thank you for viewing the detailed overview of CapitaLand Ascendas REIT's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CapitaLand Ascendas REIT (SGX:A17U) Business Description

Traded in Other Exchanges
Address
168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2022, it held a SGD 16.4 billion portfolio of 220 properties across Singapore, Australia, Europe, and the U.S. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns an 18% stake in the trust.

CapitaLand Ascendas REIT (SGX:A17U) Headlines

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