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SK Kaken Co (TSE:4628) Gross Margin % : 30.87% (As of Dec. 2023)


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What is SK Kaken Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SK Kaken Co's Gross Profit for the three months ended in Dec. 2023 was 円8,914 Mil. SK Kaken Co's Revenue for the three months ended in Dec. 2023 was 円28,872 Mil. Therefore, SK Kaken Co's Gross Margin % for the quarter that ended in Dec. 2023 was 30.87%.


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

TSE:4628' s Gross Margin % Range Over the Past 10 Years
Min: 28.43   Med: 30.53   Max: 31.7
Current: 30.57


During the past 13 years, the highest Gross Margin % of SK Kaken Co was 31.70%. The lowest was 28.43%. And the median was 30.53%.

TSE:4628's Gross Margin % is ranked better than
68.3% of 1511 companies
in the Chemicals industry
Industry Median: 22.45 vs TSE:4628: 30.57

SK Kaken Co had a gross margin of 30.87% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for SK Kaken Co was -0.10% per year.


SK Kaken Co Gross Margin % Historical Data

The historical data trend for SK Kaken 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.

SK Kaken Co Gross Margin % Chart

SK Kaken Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.73 30.58 30.49 28.43 30.57

SK Kaken Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.06 30.12 30.24 30.87 31.00

Competitive Comparison of SK Kaken Co's Gross Margin %

For the Specialty Chemicals subindustry, SK Kaken 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.


SK Kaken Co's Gross Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where SK Kaken Co's Gross Margin % falls into.



SK Kaken Co Gross Margin % Calculation

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

SK Kaken Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=30835 / 100883
=(Revenue - Cost of Goods Sold) / Revenue
=(100883 - 70048) / 100883
=30.57 %

SK Kaken Co'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 )
=8914 / 28872
=(Revenue - Cost of Goods Sold) / Revenue
=(28872 - 19958) / 28872
=30.87 %

* 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.


SK Kaken Co  (TSE:4628) 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

SK Kaken Co had a gross margin of 30.87% 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.


SK Kaken Co Gross Margin % Related Terms

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SK Kaken Co (TSE:4628) Business Description

Traded in Other Exchanges
N/A
Address
3-5-25, Nakahozumi, Ibaraki, Osaka, JPN, 567 0034
SK Kaken Co Ltd is a building coating manufacturer based in Japan. Its main businesses are, Decorative Coatings business which is involved in the manufacturing and sales of organic/inorganic water-based painting material, synthetic resin coating, inorganic painting material, inorganic construction materials and special finisher things; Fireproof Insulated business is engaged in the manufacturing and sales of fireproof paints and contract of fireproof, insulated construction; and Other business engages in manufacturing and sales of various transformation goods and cleaning agents.

SK Kaken Co (TSE:4628) Headlines

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