Kaneka (Kaneka) Gross-Profit-to-Asset % : 25.06% (As of Dec. 2023)

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What is Kaneka Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Kaneka's annualized Gross Profit for the quarter that ended in Dec. 2023 was $1,453 Mil. Kaneka's average Total Assets over the quarter that ended in Dec. 2023 was $5,799 Mil. Therefore, Kaneka's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 25.06%.

Kaneka Gross-Profit-to-Asset % Historical Data

The historical data trend for Kaneka's Gross-Profit-to-Asset % 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.

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Kaneka Gross-Profit-to-Asset % Chart

Kaneka Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross-Profit-to-Asset %

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26.28

26.18

25.16

27.03

24.83

Kaneka Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															25.10	24.53	22.58	23.48	25.06

Competitive Comparison of Kaneka's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Kaneka's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Kaneka's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kaneka's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Kaneka's Gross-Profit-to-Asset % falls into.

Kaneka Gross-Profit-to-Asset % Calculation

Kaneka's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2023 )	/	( (Total Assets (A: Mar. 2022 )	+	Total Assets (A: Mar. 2023 ))	/ count )
	=	1488.251	/	( (6130.671	+	5855.266)	/ 2 )
	=	1488.251	/	5992.9685
	=	24.83 %

Kaneka's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1453.352	/	( (5690.054	+	5907.842)	/ 2 )
	=	1453.352	/	5798.948
	=	25.06 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Kaneka Gross-Profit-to-Asset % Related Terms

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Kaneka (Kaneka) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kaneka Corp (OTCPK:KANKF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

4118:Japan KKA:Germany

Address

3-2-4, Nakanoshima, Kita-ku, Osaka, JPN, 530-8288

Website

http://www.kaneka.co.jp

Kaneka Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The company organizes itself into seven segments based on product type. The foodstuffs segment, which generates more revenue than any other segment, sells margarine, shortening, bakery yeast and spices. The chemicals segment sells polyvinyl chloride used in pipes and flooring. The functional and expandable products segments sell polystyrene- and silicone-based products. The life science products segment sells medical devices, which include balloon catheters for vessel stenosis, and pharmaceutical ingredients. The electronic products segment sells heat resistant films and optical materials. The synthetic fibers segment sells fibers used to make apparel. The majority of revenue comes from Japan.

Kaneka (Kaneka) Headlines

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