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OKANO VALVE MFG Co (TSE:6492) Gross-Profit-to-Asset % : 16.17% (As of Feb. 2024)


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What is OKANO VALVE MFG Co 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. OKANO VALVE MFG Co's annualized Gross Profit for the quarter that ended in Feb. 2024 was 円2,048 Mil. OKANO VALVE MFG Co's average Total Assets over the quarter that ended in Feb. 2024 was 円12,665 Mil. Therefore, OKANO VALVE MFG Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 16.17%.


OKANO VALVE MFG Co Gross-Profit-to-Asset % Historical Data

The historical data trend for OKANO VALVE MFG Co'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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OKANO VALVE MFG Co Gross-Profit-to-Asset % Chart

OKANO VALVE MFG Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 8.00 9.87 11.74 14.77

OKANO VALVE MFG Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.51 19.09 15.17 23.12 16.17

Competitive Comparison of OKANO VALVE MFG Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, OKANO VALVE MFG Co'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.


OKANO VALVE MFG Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKANO VALVE MFG Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where OKANO VALVE MFG Co's Gross-Profit-to-Asset % falls into.



OKANO VALVE MFG Co Gross-Profit-to-Asset % Calculation

OKANO VALVE MFG Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=1854/( (12395+12707)/ 2 )
=1854/12551
=14.77 %

OKANO VALVE MFG Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=2048/( (12707+12622)/ 2 )
=2048/12664.5
=16.17 %

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


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OKANO VALVE MFG Co (TSE:6492) Business Description

Traded in Other Exchanges
N/A
Address
1-14 Nakamachi, Moji-ku, Kitakyusyu, JPN, 800-8601
OKANO VALVE MFG.CO.LTD. is the diversified industrial equipment and components manufacturer in Japan. The principal business activities of the company are the production of various valves, machinery and equipment. The company offers globe valve, gate valve, check valve, drain valve, lining valve, among others. In addition, it is involved in the various iron and steel casting, forging as well as the sale of its products.

OKANO VALVE MFG Co (TSE:6492) Headlines

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