Hitachi (Hitachi) Gross-Profit-to-Asset %

: 20.10% (As of Dec. 2023)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Hitachi's annualized Gross Profit for the quarter that ended in Dec. 2023 was $17,591 Mil. Hitachi's average Total Assets over the quarter that ended in Dec. 2023 was $87,498 Mil. Therefore, Hitachi's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 20.10%.

Hitachi Gross-Profit-to-Asset % Historical Data

The historical data trend for Hitachi'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.

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Hitachi Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross-Profit-to-Asset %

24.89

24.62

20.07

19.08

19.10

Hitachi Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %																20.52	21.96	17.42	19.24	20.10

Competitive Comparison

For the Conglomerates subindustry, Hitachi'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.

Hitachi Gross-Profit-to-Asset % Distribution

For the Conglomerates industry and Industrials sector, Hitachi's Gross-Profit-to-Asset % distribution charts can be found below:

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

Hitachi Gross-Profit-to-Asset % Calculation

Hitachi's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2023 )	/	( (Total Assets (A: Mar. 2022 )	+	Total Assets (A: Mar. 2023 ))	/ count )
	=	20118.214	/	( (117117.613	+	93528.444)	/ 2 )
	=	20118.214	/	105323.0285
	=	19.10 %

Hitachi'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 )
	=	17590.648	/	( (91144.131	+	83852.523)	/ 2 )
	=	17590.648	/	87498.327
	=	20.10 %

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.

Hitachi Gross-Profit-to-Asset % Related Terms

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Hitachi (Hitachi) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hitachi Ltd (OTCPK:HTHIY) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

HTHIF:USA 6501:Mexico 6501:Japan HIA1:Germany

Address

6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280

Website

http://www.hitachi.com

Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.