Stride Property (NZSE:SPG) Gross-Profit-to-Asset % : 8.04% (As of Mar. 2024)

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What is Stride Property Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Stride Property's annualized Gross Profit for the quarter that ended in Mar. 2024 was NZ$119.0 Mil. Stride Property's average Total Assets over the quarter that ended in Mar. 2024 was NZ$1,480.9 Mil. Therefore, Stride Property's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 8.04%.

Stride Property Gross-Profit-to-Asset % Historical Data

The historical data trend for Stride Property's Gross-Profit-to-Asset % 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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Stride Property Gross-Profit-to-Asset % Chart

Stride Property Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

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6.95

5.91

5.96

5.84

6.20

Stride Property Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															6.93	4.43	7.10	4.53	8.04

Competitive Comparison of Stride Property's Gross-Profit-to-Asset %

For the Real Estate Services subindustry, Stride Property's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Stride Property's Gross-Profit-to-Asset % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Stride Property's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Stride Property's Gross-Profit-to-Asset % falls into.

Stride Property Gross-Profit-to-Asset % Calculation

Stride Property's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2024 )	/	( (Total Assets (A: Mar. 2023 )	+	Total Assets (A: Mar. 2024 ))	/ count )
	=	94.576	/	( (1590.463	+	1458.543)	/ 2 )
	=	94.576	/	1524.503
	=	6.20 %

Stride Property's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	119.006	/	( (1503.248	+	1458.543)	/ 2 )
	=	119.006	/	1480.8955
	=	8.04 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Stride Property Gross-Profit-to-Asset % Related Terms

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Stride Property (NZSE:SPG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

34 Shortland Street, Level 12, Louise Hill, Auckland, NTL, NZL, 1010

Website

https://www.strideproperty.co.nz

Stride Property Ltd is a real estate company that owns and manages investment properties in New Zealand. Most of the properties are located in Auckland, followed by Wellington, Northern Regional, and South Island. Stride's portfolio consists of commercial office, retail, and industrial property, as well as land. Retail properties deliver the majority of contract rental revenue, followed by office and industrial properties. The company's major tenants include general distributors, large retailers, banks, the New Zealand government, and industrial companies.