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Nisshin Oillio Group (TSE:2602) Gross-Profit-to-Asset % : 15.61% (As of Mar. 2024)


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What is Nisshin Oillio Group 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. Nisshin Oillio Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was 円61,136 Mil. Nisshin Oillio Group's average Total Assets over the quarter that ended in Mar. 2024 was 円391,656 Mil. Therefore, Nisshin Oillio Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 15.61%.


Nisshin Oillio Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Nisshin Oillio Group'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.

* Premium members only.

Nisshin Oillio Group Gross-Profit-to-Asset % Chart

Nisshin Oillio Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.67 21.20 17.90 18.25 19.36

Nisshin Oillio Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 14.41 20.48 19.38 22.39 15.61

Competitive Comparison of Nisshin Oillio Group's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, Nisshin Oillio Group'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.


Nisshin Oillio Group's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Oillio Group's Gross-Profit-to-Asset % distribution charts can be found below:

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



Nisshin Oillio Group Gross-Profit-to-Asset % Calculation

Nisshin Oillio Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=74316/( (374453+393382)/ 2 )
=74316/383917.5
=19.36 %

Nisshin Oillio Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=61136/( (389929+393382)/ 2 )
=61136/391655.5
=15.61 %

* 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.

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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Nisshin Oillio Group (TSE:2602) Business Description

Traded in Other Exchanges
N/A
Address
1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.

Nisshin Oillio Group (TSE:2602) Headlines

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