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Champion Real Estate Investment Trust (HKSE:02778) Gross Profit : HK$1,946 Mil (TTM As of Dec. 2023)


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What is Champion Real Estate Investment Trust Gross Profit?

Champion Real Estate Investment Trust's gross profit for the six months ended in Dec. 2023 was HK$951 Mil. Champion Real Estate Investment Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,946 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Champion Real Estate Investment Trust's gross profit for the six months ended in Dec. 2023 was HK$951 Mil. Champion Real Estate Investment Trust's Revenue for the six months ended in Dec. 2023 was HK$1,276 Mil. Therefore, Champion Real Estate Investment Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 74.49%.

Champion Real Estate Investment Trust had a gross margin of 74.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Champion Real Estate Investment Trust was 81.12%. The lowest was 75.54%. And the median was 79.30%.

Warning Sign:

Champion Real Estate Investment Trust gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Champion Real Estate Investment Trust Gross Profit Historical Data

The historical data trend for Champion Real Estate Investment Trust'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.

Champion Real Estate Investment Trust Gross Profit Chart

Champion Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,480.64 2,347.10 2,197.02 2,030.59 1,945.72

Champion Real Estate Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit 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 1,059.89 1,044.39 986.21 995.06 950.66

Competitive Comparison of Champion Real Estate Investment Trust's Gross Profit

For the REIT - Retail subindustry, Champion Real Estate Investment Trust'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.


Champion Real Estate Investment Trust's Gross Profit Distribution in the REITs Industry

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

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



Champion Real Estate Investment Trust Gross Profit Calculation

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

Champion Real Estate Investment Trust's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2575.654 - 629.933
=1,946

Champion Real Estate Investment Trust's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1276.15 - 325.486
=951

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,946 Mil.

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

Champion Real Estate Investment 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=951 / 1276.15
=74.49 %

* 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.


Champion Real Estate Investment Trust  (HKSE:02778) 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

Champion Real Estate Investment Trust had a gross margin of 74.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Champion Real Estate Investment Trust Gross Profit Related Terms

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Champion Real Estate Investment Trust (HKSE:02778) Business Description

Traded in Other Exchanges
Address
Great Eagle Centre, 23 Harbour Road, Suite 3008, 30th Floor, Wanchai, Hong Kong, HKG
Champion Real Estate Investment Trust, or Champion REIT, owns and invests in income-producing office and retail properties, with a focus on Grade A commercial properties in prime locations. In Hong Kong, the trust holds two assets in Three Garden Road in the central business district and the retail and office components of Langham Place in Mong Kok. Great Eagle Holdings listed Champion REIT with a 91.5% stake in Three Garden Road in 2006 and injected the Langham Place office and retail portions into the trust in 2008. The trust acquired the remaining stake in Three Garden Road and unified ownership of the property in 2013. Great Eagle Holdings retains a 68.3% stake in Champion REIT. In 2021, the trust entered into a joint venture to acquire a 27% stake in 66 Shoe Lane in London.
Executives
Great Eagle Holdings Limited 2201 Interest of corporation controlled by you
Lo Ka Shui 2201 Interest of corporation controlled by you
Eagle Asset Management (cp) Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee

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