Kirin Holdings Co's gross profit for the
three
months ended in Jun. 2024 was 円272,933 Mil. Kirin Holdings Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was 円1,049,311 Mil.
Kirin Holdings Co had a gross margin of 45.94% for the quarter that ended in Jun. 2024 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Kirin Holdings Co was 45.90%. The lowest was 42.47%. And the median was 43.63%.
Kirin Holdings Co Gross Profit Historical Data
The historical data trend for Kirin Holdings 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.
Competitive Comparison of Kirin Holdings Co's Gross Profit
For the Beverages - Brewers subindustry, Kirin Holdings 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.
Kirin Holdings Co's Gross Profit Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where Kirin Holdings Co's Gross Profit falls into.
Kirin Holdings Co Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Kirin Holdings Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,049,311 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Kirin Holdings Co (TSE:2503) 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
Kirin Holdings Co had a gross margin of 45.94% for the quarter that ended in Jun. 2024 => Durable competitive advantage
Kirin Holdings Co Gross Profit Related Terms
Thank you for viewing the detailed overview of Kirin Holdings Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's sales.
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