GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bhiraj Office Leasehold REIT (BKK:BOFFICE) » Definitions » Gross Margin %

Bhiraj Office Leasehold REIT (BKK:BOFFICE) Gross Margin % : 57.08% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Bhiraj Office Leasehold REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bhiraj Office Leasehold REIT's Gross Profit for the three months ended in Dec. 2023 was ฿127.3 Mil. Bhiraj Office Leasehold REIT's Revenue for the three months ended in Dec. 2023 was ฿223.0 Mil. Therefore, Bhiraj Office Leasehold REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 57.08%.


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

BKK:BOFFICE' s Gross Margin % Range Over the Past 10 Years
Min: 65.49   Med: 71.4   Max: 74.6
Current: 65.49


During the past 6 years, the highest Gross Margin % of Bhiraj Office Leasehold REIT was 74.60%. The lowest was 65.49%. And the median was 71.40%.

BKK:BOFFICE's Gross Margin % is ranked worse than
58.12% of 628 companies
in the REITs industry
Industry Median: 68.875 vs BKK:BOFFICE: 65.49

Bhiraj Office Leasehold REIT had a gross margin of 57.08% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bhiraj Office Leasehold REIT was -0.70% per year.


Bhiraj Office Leasehold REIT Gross Margin % Historical Data

The historical data trend for Bhiraj Office Leasehold 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.

Bhiraj Office Leasehold REIT Gross Margin % Chart

Bhiraj Office Leasehold REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 71.28 73.49 74.60 70.48 68.45

Bhiraj Office Leasehold REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 77.18 70.59 67.86 66.22 57.08

Competitive Comparison of Bhiraj Office Leasehold REIT's Gross Margin %

For the REIT - Office subindustry, Bhiraj Office Leasehold 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.


Bhiraj Office Leasehold REIT's Gross Margin % Distribution in the REITs Industry

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

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



Bhiraj Office Leasehold REIT Gross Margin % Calculation

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

Bhiraj Office Leasehold 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 )
=616.4 / 900.593
=(Revenue - Cost of Goods Sold) / Revenue
=(900.593 - 284.145) / 900.593
=68.45 %

Bhiraj Office Leasehold 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 )
=127.3 / 223.049
=(Revenue - Cost of Goods Sold) / Revenue
=(223.049 - 95.736) / 223.049
=57.08 %

* 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.


Bhiraj Office Leasehold REIT  (BKK:BOFFICE) 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

Bhiraj Office Leasehold REIT had a gross margin of 57.08% 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.


Bhiraj Office Leasehold REIT Gross Margin % Related Terms

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


Bhiraj Office Leasehold REIT (BKK:BOFFICE) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, 591 United Business Center II Building, 7th Floor, Khlong Tan Nuea, Wattana, Bangkok, THA, 10110
Bhiraj Office Leasehold REIT is a closed-end real estate investment trust. The company invests in long-term leasehold rights in the office building area. Its objectives are to mobilize funds raised from the selling of trust units and the loan from the financial institution to invest in the leasehold right of Bhiraj Tower at EmQuartier project which comprises most of the office rental areas in Bhiraj Tower at EmQuartier and the associated operation areas. It operates in one segment namely lease of property investment in Thailand.

Bhiraj Office Leasehold REIT (BKK:BOFFICE) Headlines

No Headlines