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Nippon Electric Glass Co (Nippon Electric Glass Co) Gross Margin % : 10.32% (As of Dec. 2023)


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What is Nippon Electric Glass Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nippon Electric Glass Co's Gross Profit for the three months ended in Dec. 2023 was $51 Mil. Nippon Electric Glass Co's Revenue for the three months ended in Dec. 2023 was $490 Mil. Therefore, Nippon Electric Glass Co's Gross Margin % for the quarter that ended in Dec. 2023 was 10.32%.

Warning Sign:

Nippon Electric Glass Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.2%.


The historical rank and industry rank for Nippon Electric Glass Co's Gross Margin % or its related term are showing as below:

NPEGF' s Gross Margin % Range Over the Past 10 Years
Min: 11.86   Med: 21.41   Max: 28.17
Current: 12.95


During the past 13 years, the highest Gross Margin % of Nippon Electric Glass Co was 28.17%. The lowest was 11.86%. And the median was 21.41%.

NPEGF's Gross Margin % is ranked worse than
77.17% of 2440 companies
in the Hardware industry
Industry Median: 24.355 vs NPEGF: 12.95

Nippon Electric Glass Co had a gross margin of 10.32% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nippon Electric Glass Co was -6.20% per year.


Nippon Electric Glass Co Gross Margin % Historical Data

The historical data trend for Nippon Electric Glass Co'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.

Nippon Electric Glass Co Gross Margin % Chart

Nippon Electric Glass Co Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.31 21.19 28.17 26.36 11.86

Nippon Electric Glass Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.65 9.52 14.06 10.32 17.55

Competitive Comparison of Nippon Electric Glass Co's Gross Margin %

For the Electronic Components subindustry, Nippon Electric Glass Co'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.


Nippon Electric Glass Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nippon Electric Glass Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nippon Electric Glass Co's Gross Margin % falls into.



Nippon Electric Glass Co Gross Margin % Calculation

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

Nippon Electric Glass Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=230.7 / 1944.514
=(Revenue - Cost of Goods Sold) / Revenue
=(1944.514 - 1713.859) / 1944.514
=11.86 %

Nippon Electric Glass Co'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 )
=50.6 / 490.375
=(Revenue - Cost of Goods Sold) / Revenue
=(490.375 - 439.757) / 490.375
=10.32 %

* 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.


Nippon Electric Glass Co  (OTCPK:NPEGF) 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

Nippon Electric Glass Co had a gross margin of 10.32% 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.


Nippon Electric Glass Co Gross Margin % Related Terms

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


Nippon Electric Glass Co (Nippon Electric Glass Co) Business Description

Traded in Other Exchanges
Address
7-1, Seiran 2-chome, Shiga, Otsu, JPN, 520-8639
Nippon Electric Glass Co., Ltd. is in the business of production and sale of glass products and glassmaking machinery. Its business is divided into two categories Electronics and Information Technology and Performance Materials and Others. The company produces glass for flat panel displays, optical devices, chemical strengthening, electronic devices, solar cells, fiber and building materials. The company generates most of the sales from electronics and information technology category.

Nippon Electric Glass Co (Nippon Electric Glass Co) Headlines

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