GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Denka Co Ltd (FRA:DIK) » Definitions » Gross Profit

Denka Co (FRA:DIK) Gross Profit : €506 Mil (TTM As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Denka Co Gross Profit?

Denka Co's gross profit for the three months ended in Sep. 2024 was €138 Mil. Denka Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €506 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Denka Co's gross profit for the three months ended in Sep. 2024 was €138 Mil. Denka Co's Revenue for the three months ended in Sep. 2024 was €654 Mil. Therefore, Denka Co's Gross Margin % for the quarter that ended in Sep. 2024 was 21.09%.

Denka Co had a gross margin of 21.09% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Denka Co was 28.27%. The lowest was 20.68%. And the median was 24.97%.

Warning Sign:

Denka Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Denka Co Gross Profit Historical Data

The historical data trend for Denka Co's Gross Profit 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.

Denka Co Gross Profit Chart

Denka Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 834.99 774.28 820.69 715.13 506.62

Denka Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit 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 156.53 119.74 117.96 130.61 137.98

Competitive Comparison of Denka Co's Gross Profit

For the Chemicals subindustry, Denka Co's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Denka Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Denka Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Denka Co's Gross Profit falls into.



Denka Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Denka Co's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=2390.37 - 1883.751
=507

Denka Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=654.393 - 516.414
=138

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €506 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Denka Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=138 / 654.393
=21.09 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Denka Co  (FRA:DIK) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Denka Co had a gross margin of 21.09% for the quarter that ended in Sep. 2024 => Competition eroding margins


Denka Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Denka Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Denka Co Business Description

Traded in Other Exchanges
Address
Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338
Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.

Denka Co Headlines

No Headlines