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Mitsubishi HC Capital (Mitsubishi HC Capital) Gross Profit : $2,566 Mil (TTM As of Dec. 2023)


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What is Mitsubishi HC Capital Gross Profit?

Mitsubishi HC Capital's gross profit for the three months ended in Dec. 2023 was $660 Mil. Mitsubishi HC Capital's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,566 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mitsubishi HC Capital's gross profit for the three months ended in Dec. 2023 was $660 Mil. Mitsubishi HC Capital's Revenue for the three months ended in Dec. 2023 was $3,352 Mil. Therefore, Mitsubishi HC Capital's Gross Margin % for the quarter that ended in Dec. 2023 was 19.69%.

Mitsubishi HC Capital had a gross margin of 19.69% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Mitsubishi HC Capital was 20.10%. The lowest was 16.93%. And the median was 18.14%.


Mitsubishi HC Capital Gross Profit Historical Data

The historical data trend for Mitsubishi HC Capital'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.

Mitsubishi HC Capital Gross Profit Chart

Mitsubishi HC Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,424.46 1,690.06 1,476.40 2,822.30 2,673.32

Mitsubishi HC Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 642.78 693.27 669.50 543.78 659.79

Competitive Comparison of Mitsubishi HC Capital's Gross Profit

For the Credit Services subindustry, Mitsubishi HC Capital'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.


Mitsubishi HC Capital's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mitsubishi HC Capital's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mitsubishi HC Capital's Gross Profit falls into.



Mitsubishi HC Capital Gross Profit Calculation

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

Mitsubishi HC Capital's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=14186.518 - 11513.201
=2,673

Mitsubishi HC Capital's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3351.667 - 2691.881
=660

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,566 Mil.

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

Mitsubishi HC Capital's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=660 / 3351.667
=19.69 %

* 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.


Mitsubishi HC Capital  (OTCPK:MIUFY) 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

Mitsubishi HC Capital had a gross margin of 19.69% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Mitsubishi HC Capital Gross Profit Related Terms

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Mitsubishi HC Capital (Mitsubishi HC Capital) Business Description

Traded in Other Exchanges
Address
5-1, Marunouchi 1-chome, Shin-Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6525
Mitsubishi HC Capital Inc is a provider of leases and rental solutions. It offers finance leases, operating leases, real estate leases, auto leases, carbon-neutral and green leases, personal computer rentals, measuring equipment rentals, machine tool rentals, as well as real estate-related finance, sales receivable factoring, medical fee factoring, installment sales, used machinery purchasing and sales, and insurance, among others.

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