Land and Houses PCL
SET:LH
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| TH |
L
|
Land and Houses PCL
SET:LH
|
47.8B THB |
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|
|
| HK |
|
Sun Hung Kai Properties Ltd
HKEX:16
|
362.8B HKD |
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|
|
| VN |
V
|
Vingroup JSC
VN:VIC
|
1 002.6T VND |
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|
|
| HK |
|
China Resources Land Ltd
HKEX:1109
|
223.9B HKD |
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|
|
| HK |
|
China Overseas Land & Investment Ltd
HKEX:688
|
161.2B HKD |
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|
|
| HK |
|
Henderson Land Development Co Ltd
HKEX:12
|
153.4B HKD |
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|
|
| IN |
|
DLF Ltd
NSE:DLF
|
1.6T INR |
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|
|
| VN |
V
|
Vinhomes JSC
VN:VHM
|
400.9T VND |
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|
|
| CN |
|
China Merchants Shekou Industrial Zone Holdings Co Ltd
SZSE:001979
|
98.9B CNY |
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|
|
| CN |
|
Poly Developments and Holdings Group Co Ltd
SSE:600048
|
85.8B CNY |
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|
| HK |
W
|
Wharf Holdings Ltd
HKEX:4
|
79.6B HKD |
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|
Market Distribution
| Min | -1 953.8% |
| 30th Percentile | 15.7% |
| Median | 23.9% |
| 70th Percentile | 34.4% |
| Max | 757.3% |
Other Profitability Ratios
Land and Houses PCL
Glance View
Land and Houses Public Company Limited (LH) stands as a prominent force in Thailand's real estate sector, with a legacy dating back to its founding in the 1970s. The company has expertly navigated the evolving dynamics of the property market, crafting a portfolio that spans residential developments, including single-detached houses, townhouses, and condominiums. By identifying and capitalizing on prime locations, LH caters to a diverse clientele, ranging from the upper-middle class to luxury segments, ensuring steady demand for its high-quality housing solutions. The strategic foresight of LH to invest in prime locations has resulted in significant capital appreciation, making it a go-to choice for residents and investors alike. Beyond residential developments, LH has diversified its revenue streams to include recurring income from its stakes in retail and hospitality segments. The company owns and operates shopping centers and manages premium serviced apartments, which provide a steady flow of rental income and reduce reliance on property sales alone. This strategy has allowed LH to build a resilient business model, capable of withstanding cyclical downturns in the real estate market. By maintaining a well-rounded portfolio and prioritizing customer satisfaction, LH ensures a robust financial performance, reinforcing its position as a leader in Thailand's real estate landscape.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Land and Houses PCL is 25.7%, which is below its 3-year median of 28.7%.
Over the last 3 years, Land and Houses PCL’s Gross Margin has decreased from 31.9% to 25.7%. During this period, it reached a low of 25.7% on Oct 30, 2025 and a high of 32.1% on Dec 31, 2022.