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TOHZF (Toho Zinc Co) Gross Margin % : 6.18% (As of Sep. 2024)


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What is Toho Zinc Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Toho Zinc Co's Gross Profit for the three months ended in Sep. 2024 was $12.4 Mil. Toho Zinc Co's Revenue for the three months ended in Sep. 2024 was $200.1 Mil. Therefore, Toho Zinc Co's Gross Margin % for the quarter that ended in Sep. 2024 was 6.18%.


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

TOHZF' s Gross Margin % Range Over the Past 10 Years
Min: -5.78   Med: 11.76   Max: 18.49
Current: 9.27


During the past 13 years, the highest Gross Margin % of Toho Zinc Co was 18.49%. The lowest was -5.78%. And the median was 11.76%.

TOHZF's Gross Margin % is ranked worse than
72.17% of 690 companies
in the Metals & Mining industry
Industry Median: 20.41 vs TOHZF: 9.27

Toho Zinc Co had a gross margin of 6.18% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Toho Zinc Co was 0.00% per year.


Toho Zinc Co Gross Margin % Historical Data

The historical data trend for Toho Zinc 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.

Toho Zinc Co Gross Margin % Chart

Toho Zinc Co 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 -5.78 12.99 14.62 8.48 6.45

Toho Zinc Co 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 11.70 4.42 9.33 16.66 6.18

Competitive Comparison of Toho Zinc Co's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Toho Zinc 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.


Toho Zinc Co's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Zinc Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Toho Zinc Co's Gross Margin % falls into.



Toho Zinc Co Gross Margin % Calculation

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

Toho Zinc Co'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 )
=56.3 / 873.076
=(Revenue - Cost of Goods Sold) / Revenue
=(873.076 - 816.748) / 873.076
=6.45 %

Toho Zinc Co'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 )
=12.4 / 200.141
=(Revenue - Cost of Goods Sold) / Revenue
=(200.141 - 187.78) / 200.141
=6.18 %

* 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.


Toho Zinc Co  (OTCPK:TOHZF) 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

Toho Zinc Co had a gross margin of 6.18% for the quarter that ended in Sep. 2024 => 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.


Toho Zinc Co Gross Margin % Related Terms

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


Toho Zinc Co Business Description

Traded in Other Exchanges
Address
1-8-2 Marunouchi, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-8207
Toho Zinc Co Ltd is engaged in smelting and refining of non-ferrous metals and supplier of zinc products. Its products portfolio consists of zinc powder, Cadmium Oxide, Sulfuric Acid, Electrolytic Zinc, and Zinc Alloys for Die Casting. The company's segments include Smelting, Mineral resources, Electronic components, and Environment and recycling. The majority of the company's revenue is derived from sale and production of zinc and lead products, electric silver and sulfuric acid. The company operates in Japan, Asia, and Oceania.

Toho Zinc Co Headlines

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