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Sumitomo (Sumitomo) Gross-Profit-to-Asset % : 12.65% (As of Dec. 2023)


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What is Sumitomo Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Sumitomo's annualized Gross Profit for the quarter that ended in Dec. 2023 was $9,298 Mil. Sumitomo's average Total Assets over the quarter that ended in Dec. 2023 was $73,523 Mil. Therefore, Sumitomo's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 12.65%.


Sumitomo Gross-Profit-to-Asset % Historical Data

The historical data trend for Sumitomo'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.

* Premium members only.

Sumitomo Gross-Profit-to-Asset % Chart

Sumitomo Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.50 11.06 8.96 10.98 11.81

Sumitomo 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 % 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 12.07 12.11 11.53 12.21 12.65

Competitive Comparison of Sumitomo's Gross-Profit-to-Asset %

For the Conglomerates subindustry, Sumitomo'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.


Sumitomo's Gross-Profit-to-Asset % Distribution in the Conglomerates Industry

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

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



Sumitomo Gross-Profit-to-Asset % Calculation

Sumitomo'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 )
=9237.71/( (80809.379+75609.209)/ 2 )
=9237.71/78209.294
=11.81 %

Sumitomo'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 )
=9298.224/( (72597.545+74448.766)/ 2 )
=9298.224/73523.1555
=12.65 %

* 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.

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.


Sumitomo Gross-Profit-to-Asset % Related Terms

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Sumitomo (Sumitomo) Business Description

Traded in Other Exchanges
Address
3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, JPN, 100-8601
Sumitomo Corp is a Japanese conglomerate that operates various business units: metal products; transportation and construction systems; environment and infrastructure; media, ICT, and lifestyle-related goods and services; and mineral resources, energy, chemical, and electronics. The businesses develop, manufacture, distribute, and service steel sheets, steel tubular products, nonferrous metal products, ship and aerospace equipment, railway cars, automobiles, construction equipment, lifestyle and food retail goods, materials and supplies, mineral resources, energy, electronics, and life sciences. The group also offers services in infrastructure projects, real estate construction, and general construction and development projects.