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JGC Holdings (JGC Holdings) Gross Margin % : 1.96% (As of Dec. 2023)


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What is JGC Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. JGC Holdings's Gross Profit for the three months ended in Dec. 2023 was $27 Mil. JGC Holdings's Revenue for the three months ended in Dec. 2023 was $1,374 Mil. Therefore, JGC Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 1.96%.


The historical rank and industry rank for JGC Holdings's Gross Margin % or its related term are showing as below:

JGCCY' s Gross Margin % Range Over the Past 10 Years
Min: 0.21   Med: 8.66   Max: 13.08
Current: 6.83


During the past 13 years, the highest Gross Margin % of JGC Holdings was 13.08%. The lowest was 0.21%. And the median was 8.66%.

JGCCY's Gross Margin % is ranked worse than
85.03% of 1610 companies
in the Construction industry
Industry Median: 19.125 vs JGCCY: 6.83

JGC Holdings had a gross margin of 1.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JGC Holdings was 12.40% per year.


JGC Holdings Gross Margin % Historical Data

The historical data trend for JGC Holdings's Gross Margin % 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.

JGC Holdings Gross Margin % Chart

JGC Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.26 9.02 10.09 10.59 10.99

JGC Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 8.66 11.40 9.92 4.75 1.96

Competitive Comparison of JGC Holdings's Gross Margin %

For the Engineering & Construction subindustry, JGC Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


JGC Holdings's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, JGC Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JGC Holdings's Gross Margin % falls into.



JGC Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

JGC Holdings's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=499.2 / 4540.405
=(Revenue - Cost of Goods Sold) / Revenue
=(4540.405 - 4041.207) / 4540.405
=10.99 %

JGC Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=26.9 / 1373.843
=(Revenue - Cost of Goods Sold) / Revenue
=(1373.843 - 1346.916) / 1373.843
=1.96 %

* 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.


JGC Holdings  (OTCPK:JGCCY) Gross Margin % 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

JGC Holdings had a gross margin of 1.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


JGC Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of JGC Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


JGC Holdings (JGC Holdings) Business Description

Traded in Other Exchanges
Address
2-3-1, Minato Mirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001
JGC Holdings Corp offers planning, consulting, materials procurement, construction, operation, and maintenance for various plants and facilities. In addition, it invests in oil and gas field development projects and utility businesses. The company has two operating segments: total engineering the (majority of total revenue); and catalysts and fine products. It constructs and performs tests on machinery and plants for multiple energy and industrial markets. The company utilizes engineering technology and project management capabilities. Additional sales are generated from providing operational support after completion of projects. Asia is an important region for the company, but the company also sells to Australia, the Middle East, and North America.

JGC Holdings (JGC Holdings) Headlines