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Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Net Margin % : 74.53% (As of Mar. 2024)


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What is Grande Royal Orchid Hospitality REIT Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grande Royal Orchid Hospitality REIT's Net Income for the three months ended in Mar. 2024 was ฿64.7 Mil. Grande Royal Orchid Hospitality REIT's Revenue for the three months ended in Mar. 2024 was ฿86.9 Mil. Therefore, Grande Royal Orchid Hospitality REIT's net margin for the quarter that ended in Mar. 2024 was 74.53%.

The historical rank and industry rank for Grande Royal Orchid Hospitality REIT's Net Margin % or its related term are showing as below:

BKK:GROREIT' s Net Margin % Range Over the Past 10 Years
Min: 74.06   Med: 75.83   Max: 76
Current: 74.06


BKK:GROREIT's Net Margin % is ranked better than
76.71% of 790 companies
in the REITs industry
Industry Median: 31.845 vs BKK:GROREIT: 74.06

Grande Royal Orchid Hospitality REIT Net Margin % Historical Data

The historical data trend for Grande Royal Orchid Hospitality REIT's Net 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.

Grande Royal Orchid Hospitality REIT Net Margin % Chart

Grande Royal Orchid Hospitality REIT Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
75.83 76.00 74.16

Grande Royal Orchid Hospitality REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 74.95 74.00 73.77 73.95 74.53

Competitive Comparison of Grande Royal Orchid Hospitality REIT's Net Margin %

For the REIT - Hotel & Motel subindustry, Grande Royal Orchid Hospitality REIT's Net Margin %, along with its competitors' market caps and Net 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.


Grande Royal Orchid Hospitality REIT's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Grande Royal Orchid Hospitality REIT's Net Margin % distribution charts can be found below:

* The bar in red indicates where Grande Royal Orchid Hospitality REIT's Net Margin % falls into.



Grande Royal Orchid Hospitality REIT Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Grande Royal Orchid Hospitality REIT's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=255.429/344.41
=74.16 %

Grande Royal Orchid Hospitality REIT's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=64.745/86.869
=74.53 %

* 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.


Grande Royal Orchid Hospitality REIT  (BKK:GROREIT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Grande Royal Orchid Hospitality REIT Net Margin % Related Terms

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Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Business Description

Traded in Other Exchanges
N/A
Address
989 Rama 1 Road, 9th and 24th Floor, Siam Piwat Tower Building, Pathumwan, Bangkok, THA, 10330
Website
Grande Royal Orchid Hospitality REIT is a trust that invests in the freehold right of the Royal Orchid Sheraton Hotel and Tower.

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