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Kobe Steel (TSE:5406) Gross Profit : 円436,551 Mil (TTM As of Mar. 2024)


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What is Kobe Steel Gross Profit?

Kobe Steel's gross profit for the three months ended in Mar. 2024 was 円114,173 Mil. Kobe Steel's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円436,551 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kobe Steel's gross profit for the three months ended in Mar. 2024 was 円114,173 Mil. Kobe Steel's Revenue for the three months ended in Mar. 2024 was 円669,435 Mil. Therefore, Kobe Steel's Gross Margin % for the quarter that ended in Mar. 2024 was 17.06%.

Kobe Steel had a gross margin of 17.06% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Kobe Steel was 17.22%. The lowest was 12.36%. And the median was 14.18%.


Kobe Steel Gross Profit Historical Data

The historical data trend for Kobe Steel'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.

Kobe Steel Gross Profit Chart

Kobe Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 231,097.00 223,188.00 307,803.00 321,290.00 435,992.00

Kobe Steel Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 95,309.00 119,078.00 107,432.00 114,173.00 95,868.00

Competitive Comparison of Kobe Steel's Gross Profit

For the Steel subindustry, Kobe Steel'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.


Kobe Steel's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kobe Steel's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kobe Steel's Gross Profit falls into.



Kobe Steel Gross Profit Calculation

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

Kobe Steel's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=2543142 - 2107150
=435,992

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=669435 - 555262
=114,173

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436,551 Mil.

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

Kobe Steel'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
=114,173 / 669435
=17.06 %

* 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.


Kobe Steel  (TSE:5406) 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

Kobe Steel had a gross margin of 17.06% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Kobe Steel Gross Profit Related Terms

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Kobe Steel Business Description

Traded in Other Exchanges
Address
2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, JPN, 651-8585
Kobe Steel Ltd is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses. Its iron and steel business involves production of steel products, steel casting and forging, and manufacturing of titanium and steel powder. Its aluminum and copper segment manufactures aluminum and copper products. Its construction machinery segment develops and manufactures construction equipment. The nonconstruction machinery segment offers industrial machinery, compressors and equipment for the nuclear and other energy industries. The engineering segment provides solutions to plants, power stations, and water treatment companies. Japan and China account for the majority of the company's revenue.

Kobe Steel Headlines

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