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Thinca Co (TSE:149A) Gross Profit : 円451.2 Mil (TTM As of Mar. 2024)


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What is Thinca Co Gross Profit?

Thinca Co's gross profit for the three months ended in Mar. 2024 was 円232.7 Mil. Thinca Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円451.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Thinca Co's gross profit for the three months ended in Mar. 2024 was 円232.7 Mil. Thinca Co's Revenue for the three months ended in Mar. 2024 was 円292.0 Mil. Therefore, Thinca Co's Gross Margin % for the quarter that ended in Mar. 2024 was 79.71%.

Thinca Co had a gross margin of 79.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Thinca Co was 83.41%. The lowest was 78.26%. And the median was 78.76%.


Thinca Co Gross Profit Historical Data

The historical data trend for Thinca Co's Gross Profit 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.

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Thinca Co Gross Profit Chart

Thinca Co Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
451.62 605.08 867.57

Thinca Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
Gross Profit - - - 218.48 232.73

Competitive Comparison of Thinca Co's Gross Profit

For the Software - Application subindustry, Thinca Co's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Thinca Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Thinca Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Thinca Co's Gross Profit falls into.



Thinca Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Thinca Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1040.169 - 172.603
=867.6

Thinca Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=291.968 - 59.235
=232.7

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円451.2 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Thinca Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=232.7 / 291.968
=79.71 %

* 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.


Thinca Co  (TSE:149A) Gross Profit 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

Thinca Co had a gross margin of 79.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Thinca Co Gross Profit Related Terms

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Thinca Co (TSE:149A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Website
Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.

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