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Chiikishinbunsha Co (TSE:2164) Gross Margin % : 71.34% (As of Feb. 2024)


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What is Chiikishinbunsha Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chiikishinbunsha Co's Gross Profit for the three months ended in Feb. 2024 was 円535 Mil. Chiikishinbunsha Co's Revenue for the three months ended in Feb. 2024 was 円751 Mil. Therefore, Chiikishinbunsha Co's Gross Margin % for the quarter that ended in Feb. 2024 was 71.34%.


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

TSE:2164' s Gross Margin % Range Over the Past 10 Years
Min: 69.6   Med: 71.99   Max: 73.5
Current: 71.97


During the past 13 years, the highest Gross Margin % of Chiikishinbunsha Co was 73.50%. The lowest was 69.60%. And the median was 71.99%.

TSE:2164's Gross Margin % is ranked better than
84.62% of 956 companies
in the Media - Diversified industry
Industry Median: 38.44 vs TSE:2164: 71.97

Chiikishinbunsha Co had a gross margin of 71.34% for the quarter that ended in Feb. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chiikishinbunsha Co was 0.40% per year.


Chiikishinbunsha Co Gross Margin % Historical Data

The historical data trend for Chiikishinbunsha 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.

Chiikishinbunsha Co Gross Margin % Chart

Chiikishinbunsha Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.56 70.72 71.91 73.50 72.79

Chiikishinbunsha Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 73.12 73.64 71.59 71.18 71.34

Competitive Comparison of Chiikishinbunsha Co's Gross Margin %

For the Publishing subindustry, Chiikishinbunsha 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.


Chiikishinbunsha Co's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chiikishinbunsha Co's Gross Margin % distribution charts can be found below:

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



Chiikishinbunsha Co Gross Margin % Calculation

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

Chiikishinbunsha Co's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=2130.1 / 2926.578
=(Revenue - Cost of Goods Sold) / Revenue
=(2926.578 - 796.446) / 2926.578
=72.79 %

Chiikishinbunsha Co's Gross Margin for the quarter that ended in Feb. 2024 is calculated as


Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=535.4 / 750.524
=(Revenue - Cost of Goods Sold) / Revenue
=(750.524 - 215.132) / 750.524
=71.34 %

* 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.


Chiikishinbunsha Co  (TSE:2164) 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

Chiikishinbunsha Co had a gross margin of 71.34% for the quarter that ended in Feb. 2024 => Durable 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.


Chiikishinbunsha Co Gross Margin % Related Terms

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Chiikishinbunsha Co (TSE:2164) Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Sakaimachi, Asahi Life Funabashi Sakaimachi Building 5th Floor, Chiba Prefecture, Funabashi, JPN, 273-0011
Chiikishinbunsha Co Ltd is engaged in publishing a local newspaper. It provides design and production of various types of printed matter; distribution business of various promotional products; collection, processing, and sale of various kinds of information; and business related to solicitation of life insurance and non-life insurance.

Chiikishinbunsha Co (TSE:2164) Headlines

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