Gross Margin % is calculated as gross profit divided by its revenue. Artience Co's Gross Profit for the
three
months ended in Mar. 2024 was 円17,570 Mil. Artience Co's Revenue for the
three
months ended in Mar. 2024 was 円81,727 Mil. Therefore, Artience Co's Gross Margin % for the quarter that ended in Mar. 2024 was 21.50%.
Warning Sign:
Artience Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.
The historical rank and industry rank for Artience Co's Gross Margin % or its related term are showing as below:
TSE:4634'
s Gross Margin % Range Over the Past 10 Years
Min: 17.16 Med: 21.88 Max: 24.36
Current: 20.54
During the past 13 years, the highestGross Margin % of Artience Co was 24.36%. The lowest was 17.16%. And the median was 21.88%.
TSE:4634's Gross Margin % is ranked worse than 55.47% of 1507
companies
in the Chemicals industry
Industry Median: 22.7
vs TSE:4634: 20.54
Artience Co had a gross margin of 21.50% for the quarter that ended in Mar. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Artience Co was -3.30% per year.
Artience Co Gross Margin % Historical Data
The historical data trend for Artience 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.
Competitive Comparison of Artience Co's Gross Margin %
For the Specialty Chemicals subindustry, Artience 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.
Artience Co's Gross Margin % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Artience Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Artience Co's Gross Margin % falls into.
* 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.
Artience Co (TSE:4634) 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
Artience Co had a gross margin of 21.50% 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.
Artience Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of Artience Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Artience Co Ltd is a holding company whose subsidiaries manufacture and sell a variety of chemicals and inks. The firm organizes itself into various segments based on product type. The printing and information segment, which generates the Most revenue, sells printing inks used for ink-jet printers, newspapers, magazines, and other printed materials. The colorants and functional materials segment sells pigments, plastic colorants, and liquid crystal display color filter materials. The polymers and coatings segments sells coatings, adhesives, plastic resins, and can coatings. The packaging materials segment sells packaging inks used for food and consumer goods packaging. Most of Toyo Ink's revenue comes from Japan.
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