GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Candeal Co Ltd (TSE:1446) » Definitions » Gross Profit

Candeal Co (TSE:1446) Gross Profit : 円4,531 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Candeal Co Gross Profit?

Candeal Co's gross profit for the three months ended in Mar. 2024 was 円1,264 Mil. Candeal Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円4,531 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Candeal Co's gross profit for the three months ended in Mar. 2024 was 円1,264 Mil. Candeal Co's Revenue for the three months ended in Mar. 2024 was 円3,506 Mil. Therefore, Candeal Co's Gross Margin % for the quarter that ended in Mar. 2024 was 36.06%.

Candeal Co had a gross margin of 36.06% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of Candeal Co was 37.16%. The lowest was 35.47%. And the median was 36.16%.


Candeal Co Gross Profit Historical Data

The historical data trend for Candeal 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.

Candeal Co Gross Profit Chart

Candeal Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial 4,670.82 4,444.12 4,073.81 4,095.20 4,441.01

Candeal Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,221.23 1,042.61 1,078.59 1,145.32 1,264.26

Competitive Comparison of Candeal Co's Gross Profit

For the Engineering & Construction subindustry, Candeal 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.


Candeal Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Candeal Co's Gross Profit distribution charts can be found below:

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



Candeal Co Gross Profit Calculation

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

Candeal Co's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=12309.603 - 7868.598
=4,441

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=3506.218 - 2241.959
=1,264

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円4,531 Mil.

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

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

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,264 / 3506.218
=36.06 %

* 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.


Candeal Co  (TSE:1446) 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

Candeal Co had a gross margin of 36.06% for the quarter that ended in Mar. 2024 => Competition eroding margins


Candeal Co Gross Profit Related Terms

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


Candeal Co Business Description

Traded in Other Exchanges
N/A
Address
1-11 Kitayamabushi-cho, 3rd Floor Ushigome Syokuryo Building, Shinjuku-ku, Tokyo, JPN, 162-0853
Candeal Co Ltd provides building repair service to detached houses, apartment complexes, commercial facilities, and others. The company's services include repair and inspection service, construction service, and trading and distribution.

Candeal Co Headlines

No Headlines