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JRHIF (Daiwa Securities Living Investment) Gross Margin % : 60.86% (As of Mar. 2024)


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What is Daiwa Securities Living Investment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daiwa Securities Living Investment's Gross Profit for the six months ended in Mar. 2024 was $54.0 Mil. Daiwa Securities Living Investment's Revenue for the six months ended in Mar. 2024 was $88.7 Mil. Therefore, Daiwa Securities Living Investment's Gross Margin % for the quarter that ended in Mar. 2024 was 60.86%.


The historical rank and industry rank for Daiwa Securities Living Investment's Gross Margin % or its related term are showing as below:

JRHIF' s Gross Margin % Range Over the Past 10 Years
Min: 55.23   Med: 56.56   Max: 60.39
Current: 60.39


During the past 13 years, the highest Gross Margin % of Daiwa Securities Living Investment was 60.39%. The lowest was 55.23%. And the median was 56.56%.

JRHIF's Gross Margin % is ranked worse than
67.78% of 686 companies
in the REITs industry
Industry Median: 68.53 vs JRHIF: 60.39

Daiwa Securities Living Investment had a gross margin of 60.86% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Daiwa Securities Living Investment was 1.10% per year.


Daiwa Securities Living Investment Gross Margin % Historical Data

The historical data trend for Daiwa Securities Living Investment'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.

Daiwa Securities Living Investment Gross Margin % Chart

Daiwa Securities Living Investment Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.61 55.78 58.94 58.13 58.93

Daiwa Securities Living Investment Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 58.30 57.97 57.89 59.89 60.86

Competitive Comparison of Daiwa Securities Living Investment's Gross Margin %

For the REIT - Residential subindustry, Daiwa Securities Living Investment'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.


Daiwa Securities Living Investment's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa Securities Living Investment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Daiwa Securities Living Investment's Gross Margin % falls into.



Daiwa Securities Living Investment Gross Margin % Calculation

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

Daiwa Securities Living Investment's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=98.3 / 166.849
=(Revenue - Cost of Goods Sold) / Revenue
=(166.849 - 68.531) / 166.849
=58.93 %

Daiwa Securities Living Investment's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=54 / 88.667
=(Revenue - Cost of Goods Sold) / Revenue
=(88.667 - 34.705) / 88.667
=60.86 %

* 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.


Daiwa Securities Living Investment  (OTCPK:JRHIF) 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

Daiwa Securities Living Investment had a gross margin of 60.86% for the quarter that ended in Mar. 2024 => 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.


Daiwa Securities Living Investment Gross Margin % Related Terms

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Daiwa Securities Living Investment Business Description

Traded in Other Exchanges
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.

Daiwa Securities Living Investment Headlines