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Sumitomo Forestry Co (TSE:1911) Gross Margin % : 25.28% (As of Dec. 2023)


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What is Sumitomo Forestry Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sumitomo Forestry Co's Gross Profit for the three months ended in Dec. 2023 was 円126,471 Mil. Sumitomo Forestry Co's Revenue for the three months ended in Dec. 2023 was 円500,285 Mil. Therefore, Sumitomo Forestry Co's Gross Margin % for the quarter that ended in Dec. 2023 was 25.28%.


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

TSE:1911' s Gross Margin % Range Over the Past 10 Years
Min: 16.46   Med: 18.15   Max: 23.59
Current: 23.59


During the past 13 years, the highest Gross Margin % of Sumitomo Forestry Co was 23.59%. The lowest was 16.46%. And the median was 18.15%.

TSE:1911's Gross Margin % is ranked better than
64.36% of 101 companies
in the Homebuilding & Construction industry
Industry Median: 21.69 vs TSE:1911: 23.59

Sumitomo Forestry Co had a gross margin of 25.28% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sumitomo Forestry Co was 6.70% per year.


Sumitomo Forestry Co Gross Margin % Historical Data

The historical data trend for Sumitomo Forestry 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.

Sumitomo Forestry Co Gross Margin % Chart

Sumitomo Forestry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.74 21.98 23.23 23.54 23.59

Sumitomo Forestry 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 21.89 23.35 23.35 25.28 24.42

Competitive Comparison of Sumitomo Forestry Co's Gross Margin %

For the Residential Construction subindustry, Sumitomo Forestry 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.


Sumitomo Forestry Co's Gross Margin % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sumitomo Forestry Co's Gross Margin % distribution charts can be found below:

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



Sumitomo Forestry Co Gross Margin % Calculation

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

Sumitomo Forestry 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 )
=408830 / 1733169
=(Revenue - Cost of Goods Sold) / Revenue
=(1733169 - 1324339) / 1733169
=23.59 %

Sumitomo Forestry 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 )
=126471 / 500285
=(Revenue - Cost of Goods Sold) / Revenue
=(500285 - 373814) / 500285
=25.28 %

* 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.


Sumitomo Forestry Co  (TSE:1911) 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

Sumitomo Forestry Co had a gross margin of 25.28% for the quarter that ended in Dec. 2023 => 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.


Sumitomo Forestry Co Gross Margin % Related Terms

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Sumitomo Forestry Co (TSE:1911) Business Description

Traded in Other Exchanges
Address
Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270
Website
Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

Sumitomo Forestry Co (TSE:1911) Headlines

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