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Sunnexta Group (TSE:8945) Gross Margin % : 21.65% (As of Mar. 2024)


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What is Sunnexta Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sunnexta Group's Gross Profit for the three months ended in Mar. 2024 was 円447 Mil. Sunnexta Group's Revenue for the three months ended in Mar. 2024 was 円2,064 Mil. Therefore, Sunnexta Group's Gross Margin % for the quarter that ended in Mar. 2024 was 21.65%.


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

TSE:8945' s Gross Margin % Range Over the Past 10 Years
Min: 19.53   Med: 23.21   Max: 25.7
Current: 24.28


During the past 13 years, the highest Gross Margin % of Sunnexta Group was 25.70%. The lowest was 19.53%. And the median was 23.21%.

TSE:8945's Gross Margin % is ranked worse than
68.48% of 1656 companies
in the Real Estate industry
Industry Median: 36.36 vs TSE:8945: 24.28

Sunnexta Group had a gross margin of 21.65% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sunnexta Group was 2.00% per year.


Sunnexta Group Gross Margin % Historical Data

The historical data trend for Sunnexta Group'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.

Sunnexta Group Gross Margin % Chart

Sunnexta Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.25 23.49 25.08 25.70 25.05

Sunnexta Group 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 22.76 28.57 24.60 21.74 21.65

Competitive Comparison of Sunnexta Group's Gross Margin %

For the Real Estate Services subindustry, Sunnexta Group'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.


Sunnexta Group's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunnexta Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sunnexta Group's Gross Margin % falls into.



Sunnexta Group Gross Margin % Calculation

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

Sunnexta Group's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=2091.1 / 8347.243
=(Revenue - Cost of Goods Sold) / Revenue
=(8347.243 - 6256.18) / 8347.243
=25.05 %

Sunnexta Group'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 )
=446.9 / 2064.235
=(Revenue - Cost of Goods Sold) / Revenue
=(2064.235 - 1617.353) / 2064.235
=21.65 %

* 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.


Sunnexta Group  (TSE:8945) 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

Sunnexta Group had a gross margin of 21.65% 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.


Sunnexta Group Gross Margin % Related Terms

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Sunnexta Group (TSE:8945) Business Description

Traded in Other Exchanges
N/A
Address
35, Tansu-cho, Japan-U.S. TIME 24 building, Shinjuku-ku, Tokyo, JPN, 162-0833
Sunnexta Group Inc is engaged in provision of housing system operation outsourcing business. The company's engages in total outsourcing services that fuse various services from system operation related to company housing, facility management to personnel and general affairs operations.

Sunnexta Group (TSE:8945) Headlines

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