Kaneka (TSE:4118) Gross Margin % : 26.88% (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Kaneka Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kaneka's Gross Profit for the three months ended in Dec. 2023 was 円52,314 Mil. Kaneka's Revenue for the three months ended in Dec. 2023 was 円194,612 Mil. Therefore, Kaneka's Gross Margin % for the quarter that ended in Dec. 2023 was 26.88%.

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

TSE:4118' s Gross Margin % Range Over the Past 10 Years
Min: 25.14 Med: 28.26 Max: 29.71
Current: 26.07

During the past 13 years, the highest Gross Margin % of Kaneka was 29.71%. The lowest was 25.14%. And the median was 28.26%.

TSE:4118's Gross Margin % is ranked better than
60.19% of 1507 companies
in the Chemicals industry
Industry Median: 22.25 vs TSE:4118: 26.07

Kaneka had a gross margin of 26.88% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kaneka was -0.90% per year.

Kaneka Gross Margin % Historical Data

The historical data trend for Kaneka'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.

Kaneka Gross Margin % Chart

Kaneka Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

Get a 7-Day Free Trial

28.14

28.12

28.91

28.44

26.32

Kaneka Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															25.55	25.41	25.38	26.54	26.88

Competitive Comparison of Kaneka's Gross Margin %

For the Specialty Chemicals subindustry, Kaneka'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.

Kaneka's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kaneka's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kaneka's Gross Margin % falls into.

Kaneka Gross Margin % Calculation

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

Kaneka's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	198926	/	755821
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(755821 - 556895)	/	755821
	=	26.32 %

Kaneka'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 )
	=	52314	/	194612
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(194612 - 142298)	/	194612
	=	26.88 %

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.

Kaneka (TSE:4118) 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

Kaneka had a gross margin of 26.88% for the quarter that ended in Dec. 2023 => 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.

Kaneka Gross Margin % Related Terms

Thank you for viewing the detailed overview of Kaneka's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kaneka (TSE:4118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kaneka Corp (TSE:4118) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

KANKF:USA KKA:Germany

Address

3-2-4, Nakanoshima, Kita-ku, Osaka, JPN, 530-8288

Website

http://www.kaneka.co.jp

Kaneka Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The company organizes itself into seven segments based on product type. The foodstuffs segment, which generates more revenue than any other segment, sells margarine, shortening, bakery yeast and spices. The chemicals segment sells polyvinyl chloride used in pipes and flooring. The functional and expandable products segments sell polystyrene- and silicone-based products. The life science products segment sells medical devices, which include balloon catheters for vessel stenosis, and pharmaceutical ingredients. The electronic products segment sells heat resistant films and optical materials. The synthetic fibers segment sells fibers used to make apparel. The majority of revenue comes from Japan.

Kaneka (TSE:4118) Headlines

No Headlines