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Piolax (TSE:5988) Gross-Profit-to-Asset % : 15.43% (As of Dec. 2023)


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What is Piolax 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. Piolax's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円18,700 Mil. Piolax's average Total Assets over the quarter that ended in Dec. 2023 was 円121,199 Mil. Therefore, Piolax's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 15.43%.


Piolax Gross-Profit-to-Asset % Historical Data

The historical data trend for Piolax'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.

Piolax Gross-Profit-to-Asset % Chart

Piolax Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.66 12.35 13.98 13.05 13.73

Piolax Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.96 12.58 12.75 15.43 13.56

Competitive Comparison of Piolax's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Piolax'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.


Piolax's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Piolax's Gross-Profit-to-Asset % distribution charts can be found below:

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



Piolax Gross-Profit-to-Asset % Calculation

Piolax's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=16263/( (115458+121416)/ 2 )
=16263/118437
=13.73 %

Piolax's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=18700/( (119988+122409)/ 2 )
=18700/121198.5
=15.43 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Piolax Gross-Profit-to-Asset % Related Terms

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Piolax (TSE:5988) Business Description

Traded in Other Exchanges
N/A
Address
51 Iwai-chou Hotogaya-ku, Yokohama-shi, Kanagawa, JPN, 2400023
Piolax Inc is an automobile-related product producer. The company through its subsidiaries engages in two businesses automobile-related product and medical-related products in the US, UK, China, Thailand, and Indonesia. Its product portfolio includes coil springs, flat springs, wire forms, metal and plastic fasteners and unit assembly parts. It also produces equipment's to serve the medical industry which includes spiral catheter, and stent.

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