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ImageONE Co (TSE:2667) Gross Margin % : 33.74% (As of Mar. 2024)


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What is ImageONE Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ImageONE Co's Gross Profit for the three months ended in Mar. 2024 was 円61 Mil. ImageONE Co's Revenue for the three months ended in Mar. 2024 was 円180 Mil. Therefore, ImageONE Co's Gross Margin % for the quarter that ended in Mar. 2024 was 33.74%.

Warning Sign:

ImageONE Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -17.3%.


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

TSE:2667' s Gross Margin % Range Over the Past 10 Years
Min: 3.63   Med: 27.8   Max: 32.09
Current: 3.63


During the past 13 years, the highest Gross Margin % of ImageONE Co was 32.09%. The lowest was 3.63%. And the median was 27.80%.

TSE:2667's Gross Margin % is ranked worse than
94.05% of 2438 companies
in the Hardware industry
Industry Median: 24.405 vs TSE:2667: 3.63

ImageONE Co had a gross margin of 33.74% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for ImageONE Co was -17.30% per year.


ImageONE Co Gross Margin % Historical Data

The historical data trend for ImageONE 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.

ImageONE Co Gross Margin % Chart

ImageONE Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.71 19.58 16.34 16.85 11.43

ImageONE 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 12.22 43.75 -130.95 6.42 33.74

Competitive Comparison of ImageONE Co's Gross Margin %

For the Scientific & Technical Instruments subindustry, ImageONE 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.


ImageONE Co's Gross Margin % Distribution in the Hardware Industry

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

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



ImageONE Co Gross Margin % Calculation

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

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

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=340 / 2975.323
=(Revenue - Cost of Goods Sold) / Revenue
=(2975.323 - 2635.358) / 2975.323
=11.43 %

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


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=60.6 / 179.67
=(Revenue - Cost of Goods Sold) / Revenue
=(179.67 - 119.056) / 179.67
=33.74 %

* 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.


ImageONE Co  (TSE:2667) 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

ImageONE Co had a gross margin of 33.74% for the quarter that ended in Mar. 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.


ImageONE Co Gross Margin % Related Terms

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ImageONE Co (TSE:2667) Business Description

Traded in Other Exchanges
N/A
Address
Shinjuku-ku, Shinjuku East Square, 6th floor, Tokyo, JPN, 160-0022
ImageONE Co Ltd is a Japanese firm. It provides digital image information products and services in the fields of personal health, and national security and safety. Its healthcare solutions include a medical system and wearable electrocardiograph. GEO solution includes satellite image, sales of UAV, ground measurement instrument, various image processing software, and analysis service.

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