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Meiwa (TSE:8103) Gross-Profit-to-Asset % : 14.77% (As of Dec. 2023)


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What is Meiwa 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. Meiwa's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円12,472 Mil. Meiwa's average Total Assets over the quarter that ended in Dec. 2023 was 円84,428 Mil. Therefore, Meiwa's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 14.77%.


Meiwa Gross-Profit-to-Asset % Historical Data

The historical data trend for Meiwa'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.

Meiwa Gross-Profit-to-Asset % Chart

Meiwa 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 15.45 14.31 13.72 14.87 14.89

Meiwa 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 14.10 13.19 13.30 13.61 14.77

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

For the Industrial Distribution subindustry, Meiwa'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.


Meiwa's Gross-Profit-to-Asset % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Meiwa's Gross-Profit-to-Asset % distribution charts can be found below:

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



Meiwa Gross-Profit-to-Asset % Calculation

Meiwa'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 )
=11702/( (76415+80725)/ 2 )
=11702/78570
=14.89 %

Meiwa'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 )
=12472/( (82777+86079)/ 2 )
=12472/84428
=14.77 %

* 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.


Meiwa Gross-Profit-to-Asset % Related Terms

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Meiwa (TSE:8103) Business Description

Traded in Other Exchanges
N/A
Address
3-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8311
Meiwa Corp is a Japan-based company. It operates in nine business divisions. The Battery Materials Division develops consistent values from mineral resources and other starting materials. The Resources and Environment Business Division deals with rare earth, rare metals, metal products, inorganic materials, and environmental business. Resin business offers raw materials for automobiles, and electric machinery. The Medical-related Development Division supports procurement and consignment of drug substances and pharmaceutical intermediates. The Building Materials Division is mainly engaged in the field of insulation, interior, waterproofing, and wooden packaging. The company is also engaged in automobile, high function material, and petroleum business development project.

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