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Hatch Work Co (TSE:148A) Gross Profit : 円598 Mil (TTM As of Mar. 2024)


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What is Hatch Work Co Gross Profit?

Hatch Work Co's gross profit for the three months ended in Mar. 2024 was 円302 Mil. Hatch Work Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円598 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hatch Work Co's gross profit for the three months ended in Mar. 2024 was 円302 Mil. Hatch Work Co's Revenue for the three months ended in Mar. 2024 was 円548 Mil. Therefore, Hatch Work Co's Gross Margin % for the quarter that ended in Mar. 2024 was 55.11%.

Hatch Work Co had a gross margin of 55.11% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Hatch Work Co was 54.68%. The lowest was 27.66%. And the median was 42.20%.


Hatch Work Co Gross Profit Historical Data

The historical data trend for Hatch Work 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.

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Hatch Work Co Gross Profit Chart

Hatch Work Co Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
392.55 695.50 1,091.74

Hatch Work Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
Gross Profit - - - 295.81 302.04

Competitive Comparison of Hatch Work Co's Gross Profit

For the Specialty Business Services subindustry, Hatch Work 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.


Hatch Work Co's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hatch Work Co's Gross Profit distribution charts can be found below:

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



Hatch Work Co Gross Profit Calculation

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

Hatch Work Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2056.408 - 964.665
=1,092

Hatch Work 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
=548.069 - 246.026
=302

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598 Mil.

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

Hatch Work 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
=302 / 548.069
=55.11 %

* 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.


Hatch Work Co  (TSE:148A) 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

Hatch Work Co had a gross margin of 55.11% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Hatch Work Co Gross Profit Related Terms

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Hatch Work Co (TSE:148A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
DF Building 2-2-8 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
Hatch Work Co Ltd provides the monthly parking search portalsite "At Parking", the monthly parking online management support service "At Parking Cloud" and the rental meeting room service "At Business Center".

Hatch Work Co (TSE:148A) Headlines

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