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Suminoe Textile Co (TSE:3501) Gross-Profit-to-Asset % : 23.75% (As of Feb. 2024)


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What is Suminoe Textile Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Suminoe Textile Co's annualized Gross Profit for the quarter that ended in Feb. 2024 was 円22,300 Mil. Suminoe Textile Co's average Total Assets over the quarter that ended in Feb. 2024 was 円93,907 Mil. Therefore, Suminoe Textile Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 23.75%.


Suminoe Textile Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Suminoe Textile Co's Gross-Profit-to-Asset % 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.

Suminoe Textile Co Gross-Profit-to-Asset % Chart

Suminoe Textile Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.50 21.43 19.80 20.38 22.47

Suminoe Textile Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross-Profit-to-Asset % 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 21.98 25.79 22.91 24.73 23.75

Competitive Comparison of Suminoe Textile Co's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Suminoe Textile Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Suminoe Textile Co's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Suminoe Textile Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Suminoe Textile Co's Gross-Profit-to-Asset % falls into.



Suminoe Textile Co Gross-Profit-to-Asset % Calculation

Suminoe Textile Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in May. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: May. 2023 )/( (Total Assets (A: May. 2022 )+Total Assets (A: May. 2023 ))/ count )
=19428/( (84801+88151)/ 2 )
=19428/86476
=22.47 %

Suminoe Textile Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=22300/( (94832+92981)/ 2 )
=22300/93906.5
=23.75 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Feb. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Suminoe Textile Co (TSE:3501) Business Description

Traded in Other Exchanges
N/A
Address
3-11-20, Minamisenba, Chuo-ku, Osaka, JPN, 542-8504
Suminoe Textile Co Ltd is a textile company based in Japan. The company is engaged in the following business segment which includes Interior Fittings; Automotive Textiles and Traffic Facilities; Functional Materials and Others. It generates maximum revenue from the Automotive Textiles and Traffic Facilities segment. Geographically, it derives a majority of revenue from Japan and also has a presence in North and Central America; Asia and other Countries.

Suminoe Textile Co (TSE:3501) Headlines

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