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Taki Chemical Co (TSE:4025) Gross Profit : 円7,248 Mil (TTM As of Mar. 2024)


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What is Taki Chemical Co Gross Profit?

Taki Chemical Co's gross profit for the three months ended in Mar. 2024 was 円2,054 Mil. Taki Chemical Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円7,248 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Taki Chemical Co's gross profit for the three months ended in Mar. 2024 was 円2,054 Mil. Taki Chemical Co's Revenue for the three months ended in Mar. 2024 was 円9,279 Mil. Therefore, Taki Chemical Co's Gross Margin % for the quarter that ended in Mar. 2024 was 22.14%.

Taki Chemical Co had a gross margin of 22.14% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Taki Chemical Co was 26.10%. The lowest was 19.88%. And the median was 23.67%.

Warning Sign:

Taki Chemical Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


Taki Chemical Co Gross Profit Historical Data

The historical data trend for Taki Chemical 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.

* Premium members only.

Taki Chemical Co Gross Profit Chart

Taki Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,566.00 7,493.00 8,564.00 8,805.00 6,929.00

Taki Chemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 1,735.00 1,779.00 1,561.00 1,854.00 2,054.00

Competitive Comparison of Taki Chemical Co's Gross Profit

For the Chemicals subindustry, Taki Chemical 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.


Taki Chemical Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taki Chemical Co's Gross Profit distribution charts can be found below:

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



Taki Chemical Co Gross Profit Calculation

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

Taki Chemical 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
=34852 - 27923
=6,929

Taki Chemical 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
=9279 - 7225
=2,054

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7,248 Mil.

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

Taki Chemical 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
=2,054 / 9279
=22.14 %

* 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.


Taki Chemical Co  (TSE:4025) 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

Taki Chemical Co had a gross margin of 22.14% for the quarter that ended in Mar. 2024 => Competition eroding margins


Taki Chemical Co Gross Profit Related Terms

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Taki Chemical Co (TSE:4025) Business Description

Traded in Other Exchanges
N/A
Address
2 Midorimachi, Befu-cho, Kakogawa-shi, Hyogo, JPN, 675-0124
Taki Chemical Co., Ltd. is engaged in chemical business. Its business is divided into Water Treatment Chemicals and Functional Materials. The company's product includes Basic Aluminum Lactate, Mono Aluminum Phosphate, Hydrated Silica, and others.

Taki Chemical Co (TSE:4025) Headlines

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