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SEC CARBON (TSE:5304) Gross Margin % : 42.61% (As of Dec. 2023)


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What is SEC CARBON Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SEC CARBON's Gross Profit for the three months ended in Dec. 2023 was 円4,013 Mil. SEC CARBON's Revenue for the three months ended in Dec. 2023 was 円9,419 Mil. Therefore, SEC CARBON's Gross Margin % for the quarter that ended in Dec. 2023 was 42.61%.

Warning Sign:

SEC CARBON Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.2%.


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

TSE:5304' s Gross Margin % Range Over the Past 10 Years
Min: -2.91   Med: 27.19   Max: 53.78
Current: 39.45


During the past 13 years, the highest Gross Margin % of SEC CARBON was 53.78%. The lowest was -2.91%. And the median was 27.19%.

TSE:5304's Gross Margin % is ranked better than
83.19% of 1511 companies
in the Chemicals industry
Industry Median: 22.33 vs TSE:5304: 39.45

SEC CARBON had a gross margin of 42.61% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SEC CARBON was -7.20% per year.


SEC CARBON Gross Margin % Historical Data

The historical data trend for SEC CARBON'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.

SEC CARBON Gross Margin % Chart

SEC CARBON 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 48.81 26.39 27.99 33.66 39.45

SEC CARBON 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 34.03 43.06 39.59 42.61 34.01

Competitive Comparison of SEC CARBON's Gross Margin %

For the Specialty Chemicals subindustry, SEC CARBON'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.


SEC CARBON's Gross Margin % Distribution in the Chemicals Industry

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

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



SEC CARBON Gross Margin % Calculation

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

SEC CARBON'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 )
=14717 / 37307
=(Revenue - Cost of Goods Sold) / Revenue
=(37307 - 22590) / 37307
=39.45 %

SEC CARBON'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 )
=4013 / 9419
=(Revenue - Cost of Goods Sold) / Revenue
=(9419 - 5406) / 9419
=42.61 %

* 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.


SEC CARBON  (TSE:5304) 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

SEC CARBON had a gross margin of 42.61% for the quarter that ended in Dec. 2023 => Durable competitive advantage


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.


SEC CARBON Gross Margin % Related Terms

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


SEC CARBON (TSE:5304) Business Description

Traded in Other Exchanges
N/A
Address
1-2-6 Shioe, Amagasaki, Hyogo, JPN
SEC CARBON Ltd engages in the manufacture and sale of carbon products. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials for use in the semiconductor, aerospace, chemical, electrochemistry, machine, and metallurgy industries. The company also provides the fine powder that is used in various industries, such as paint, sliding materials, metallurgic uses, and batteries.

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