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Fund Creation Group Co (TSE:3266) Gross Margin % : 20.40% (As of Feb. 2024)


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What is Fund Creation Group Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fund Creation Group Co's Gross Profit for the three months ended in Feb. 2024 was 円112 Mil. Fund Creation Group Co's Revenue for the three months ended in Feb. 2024 was 円549 Mil. Therefore, Fund Creation Group Co's Gross Margin % for the quarter that ended in Feb. 2024 was 20.40%.

Warning Sign:

Fund Creation Group Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


The historical rank and industry rank for Fund Creation Group Co's Gross Margin % or its related term are showing as below:

TSE:3266' s Gross Margin % Range Over the Past 10 Years
Min: 23.65   Med: 36.94   Max: 50.8
Current: 24.86


During the past 13 years, the highest Gross Margin % of Fund Creation Group Co was 50.80%. The lowest was 23.65%. And the median was 36.94%.

TSE:3266's Gross Margin % is ranked worse than
71.05% of 532 companies
in the Asset Management industry
Industry Median: 51.905 vs TSE:3266: 24.86

Fund Creation Group Co had a gross margin of 20.40% for the quarter that ended in Feb. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Fund Creation Group Co was -6.10% per year.


Fund Creation Group Co Gross Margin % Historical Data

The historical data trend for Fund Creation Group Co'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.

Fund Creation Group Co Gross Margin % Chart

Fund Creation Group Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.94 38.23 35.64 50.80 25.73

Fund Creation Group Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 27.29 31.41 19.37 34.30 20.40

Competitive Comparison of Fund Creation Group Co's Gross Margin %

For the Asset Management subindustry, Fund Creation Group Co'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.


Fund Creation Group Co's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fund Creation Group Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fund Creation Group Co's Gross Margin % falls into.



Fund Creation Group Co Gross Margin % Calculation

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

Fund Creation Group Co's Gross Margin for the fiscal year that ended in Nov. 2023 is calculated as

Gross Margin % (A: Nov. 2023 )=Gross Profit (A: Nov. 2023 ) / Revenue (A: Nov. 2023 )
=1064 / 4135
=(Revenue - Cost of Goods Sold) / Revenue
=(4135 - 3071) / 4135
=25.73 %

Fund Creation Group Co's Gross Margin for the quarter that ended in Feb. 2024 is calculated as


Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=112 / 549
=(Revenue - Cost of Goods Sold) / Revenue
=(549 - 437) / 549
=20.40 %

* 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.


Fund Creation Group Co  (TSE:3266) 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

Fund Creation Group Co had a gross margin of 20.40% for the quarter that ended in Feb. 2024 => Competition eroding margins


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.


Fund Creation Group Co Gross Margin % Related Terms

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Fund Creation Group Co (TSE:3266) Business Description

Traded in Other Exchanges
N/A
Address
1-4 Kojimachi, Hanzomon First Building 5th Floor, Chiyoda-ku, Tokyo, JPN, 102-0083
Fund Creation Group Co Ltd operates a variety of businesses, with asset management business and investment bank business as its core businesses. It aims for the organic development of each business by making full use of its high expertise.

Fund Creation Group Co (TSE:3266) Headlines

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