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Taiheiyo Cement (STU:TIE) Gross Margin % : 25.63% (As of Sep. 2024)


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What is Taiheiyo Cement Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Taiheiyo Cement's Gross Profit for the three months ended in Sep. 2024 was €379 Mil. Taiheiyo Cement's Revenue for the three months ended in Sep. 2024 was €1,480 Mil. Therefore, Taiheiyo Cement's Gross Margin % for the quarter that ended in Sep. 2024 was 25.63%.

Warning Sign:

Taiheiyo Cement Corp gross margin has been in long-term decline. The average rate of decline per year is -2%.


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

STU:TIE' s Gross Margin % Range Over the Past 10 Years
Min: 17.44   Med: 22.77   Max: 24.88
Current: 23.36


During the past 13 years, the highest Gross Margin % of Taiheiyo Cement was 24.88%. The lowest was 17.44%. And the median was 22.77%.

STU:TIE's Gross Margin % is ranked worse than
54.83% of 383 companies
in the Building Materials industry
Industry Median: 25.38 vs STU:TIE: 23.36

Taiheiyo Cement had a gross margin of 25.63% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Taiheiyo Cement was -2.00% per year.


Taiheiyo Cement Gross Margin % Historical Data

The historical data trend for Taiheiyo Cement'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.

Taiheiyo Cement Gross Margin % Chart

Taiheiyo Cement Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.05 22.14 24.76 17.44 21.69

Taiheiyo Cement Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 21.96 24.09 21.73 21.73 25.63

Competitive Comparison of Taiheiyo Cement's Gross Margin %

For the Building Materials subindustry, Taiheiyo Cement'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.


Taiheiyo Cement's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Taiheiyo Cement's Gross Margin % falls into.



Taiheiyo Cement Gross Margin % Calculation

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

Taiheiyo Cement's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=1180.3 / 5442.402
=(Revenue - Cost of Goods Sold) / Revenue
=(5442.402 - 4262.068) / 5442.402
=21.69 %

Taiheiyo Cement's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=379.4 / 1480.032
=(Revenue - Cost of Goods Sold) / Revenue
=(1480.032 - 1100.633) / 1480.032
=25.63 %

* 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.


Taiheiyo Cement  (STU:TIE) 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

Taiheiyo Cement had a gross margin of 25.63% for the quarter that ended in Sep. 2024 => Competition eroding margins


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.


Taiheiyo Cement Gross Margin % Related Terms

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Taiheiyo Cement Business Description

Traded in Other Exchanges
Address
Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo, JPN, 104-8518
Taiheiyo Cement Corp manufactures and sells construction materials to the building, construction, and infrastructure industries. The company also generates biomass power. The firm organizes itself in six segments based on function and location: Cement, Mineral Resources, Environmental, Construction Materials, Ceramics, and Electronics. The Cement segment, which generates the majority of revenue, sells cement, ready-mix concrete. The Mineral Resources segment extracts and sells limestone and construction materials. The Environmental segment turns waste into power and cement and sells desulfurization products to coal power plants. The majority of revenue is generated in Asia and the United States.

Taiheiyo Cement Headlines

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