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Harmonic Drive Systems (TSE:6324) Gross-Profit-to-Asset % : 9.89% (As of Dec. 2023)


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What is Harmonic Drive Systems 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. Harmonic Drive Systems's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円14,936 Mil. Harmonic Drive Systems's average Total Assets over the quarter that ended in Dec. 2023 was 円151,077 Mil. Therefore, Harmonic Drive Systems's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 9.89%.


Harmonic Drive Systems Gross-Profit-to-Asset % Historical Data

The historical data trend for Harmonic Drive Systems'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.

Harmonic Drive Systems Gross-Profit-to-Asset % Chart

Harmonic Drive Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.45 8.90 9.26 15.83 17.33

Harmonic Drive Systems 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 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 19.02 16.18 12.19 10.15 9.89

Competitive Comparison of Harmonic Drive Systems's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Harmonic Drive Systems'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.


Harmonic Drive Systems's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harmonic Drive Systems's Gross-Profit-to-Asset % distribution charts can be found below:

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



Harmonic Drive Systems Gross-Profit-to-Asset % Calculation

Harmonic Drive Systems'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 )
=25786.304/( (143289.918+154336.246)/ 2 )
=25786.304/148813.082
=17.33 %

Harmonic Drive Systems'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 )
=14936.056/( (151411.258+150741.89)/ 2 )
=14936.056/151076.574
=9.89 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Harmonic Drive Systems Gross-Profit-to-Asset % Related Terms

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Harmonic Drive Systems (TSE:6324) Business Description

Traded in Other Exchanges
Address
6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013
Harmonic Drive Systems manufactures and sells high-precision reduction gears (speed reducers) under the Harmonic Drive brand as well as other mechatronics products such as rotary actuators, linear actuators, and AC servo motors. The company also provides planetary-gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo.

Harmonic Drive Systems (TSE:6324) Headlines

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