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Mori Hills Reit Investment (TSE:3234) Gross Profit : 円15,246 Mil (TTM As of Jul. 2023)


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What is Mori Hills Reit Investment Gross Profit?

Mori Hills Reit Investment's gross profit for the six months ended in Jul. 2023 was 円7,698 Mil. Mori Hills Reit Investment's gross profit for the trailing twelve months (TTM) ended in Jul. 2023 was 円15,246 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mori Hills Reit Investment's gross profit for the six months ended in Jul. 2023 was 円7,698 Mil. Mori Hills Reit Investment's Revenue for the six months ended in Jul. 2023 was 円11,215 Mil. Therefore, Mori Hills Reit Investment's Gross Margin % for the quarter that ended in Jul. 2023 was 68.64%.

Mori Hills Reit Investment had a gross margin of 68.64% for the quarter that ended in Jul. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Mori Hills Reit Investment was 72.57%. The lowest was 65.75%. And the median was 67.32%.


Mori Hills Reit Investment Gross Profit Historical Data

The historical data trend for Mori Hills Reit Investment'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.

Mori Hills Reit Investment Gross Profit Chart

Mori Hills Reit Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,629.44 12,757.78 13,020.69 14,167.99 15,433.36

Mori Hills Reit Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 6,419.02 7,748.97 7,735.13 7,698.23 7,547.89

Competitive Comparison of Mori Hills Reit Investment's Gross Profit

For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.


Mori Hills Reit Investment's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where Mori Hills Reit Investment's Gross Profit falls into.



Mori Hills Reit Investment Gross Profit Calculation

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

Mori Hills Reit Investment's Gross Profit for the fiscal year that ended in Jul. 2023 is calculated as

Gross Profit (A: Jul. 2023 )=Revenue - Cost of Goods Sold
=22425.911 - 6992.556
=15,433

Mori Hills Reit Investment's Gross Profit for the quarter that ended in Jul. 2023 is calculated as

Gross Profit (Q: Jul. 2023 )=Revenue - Cost of Goods Sold
=11215.191 - 3516.964
=7,698

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円15,246 Mil.

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

Mori Hills Reit Investment's Gross Margin % for the quarter that ended in Jul. 2023 is calculated as

Gross Margin % (Q: Jul. 2023 )=Gross Profit (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=7,698 / 11215.191
=68.64 %

* 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.


Mori Hills Reit Investment  (TSE:3234) 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

Mori Hills Reit Investment had a gross margin of 68.64% for the quarter that ended in Jul. 2023 => Durable competitive advantage


Mori Hills Reit Investment Gross Profit Related Terms

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Mori Hills Reit Investment (TSE:3234) Business Description

Traded in Other Exchanges
N/A
Address
12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

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