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Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Gross-Profit-to-Asset % : 6.71% (As of Jun. 2024)


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What is Grande Royal Orchid Hospitality REIT 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. Grande Royal Orchid Hospitality REIT's annualized Gross Profit for the quarter that ended in Jun. 2024 was ฿329.9 Mil. Grande Royal Orchid Hospitality REIT's average Total Assets over the quarter that ended in Jun. 2024 was ฿4,920.2 Mil. Therefore, Grande Royal Orchid Hospitality REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 6.71%.


Grande Royal Orchid Hospitality REIT Gross-Profit-to-Asset % Historical Data

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

* Premium members only.

Grande Royal Orchid Hospitality REIT Gross-Profit-to-Asset % Chart

Grande Royal Orchid Hospitality REIT Annual Data
Trend Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
3.01 6.50 6.60

Grande Royal Orchid Hospitality REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.52 6.70 6.78 6.72 6.71

Competitive Comparison of Grande Royal Orchid Hospitality REIT's Gross-Profit-to-Asset %

For the REIT - Hotel & Motel subindustry, Grande Royal Orchid Hospitality REIT'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.


Grande Royal Orchid Hospitality REIT's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Grande Royal Orchid Hospitality REIT's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Grande Royal Orchid Hospitality REIT's Gross-Profit-to-Asset % falls into.



Grande Royal Orchid Hospitality REIT Gross-Profit-to-Asset % Calculation

Grande Royal Orchid Hospitality REIT's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=326.14/( (4967.344+4910.242)/ 2 )
=326.14/4938.793
=6.60 %

Grande Royal Orchid Hospitality REIT's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=329.912/( (4891.958+4948.441)/ 2 )
=329.912/4920.1995
=6.71 %

* 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.

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 four times the quarterly (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Grande Royal Orchid Hospitality REIT 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
Grande Royal Orchid Hospitality REIT is a trust that invests in the freehold right of the Royal Orchid Sheraton Hotel and Towers Project. The only reportable operating segment of the Trust is purchase and lease on property in which the Trust has invested and the single geographical area of its operations is Thailand.

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