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Shinto Holdings (TSE:2776) Gross Profit : 円239 Mil (TTM As of Jul. 2024)


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What is Shinto Holdings Gross Profit?

Shinto Holdings's gross profit for the three months ended in Jul. 2024 was 円103 Mil. Shinto Holdings's gross profit for the trailing twelve months (TTM) ended in Jul. 2024 was 円239 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shinto Holdings's gross profit for the three months ended in Jul. 2024 was 円103 Mil. Shinto Holdings's Revenue for the three months ended in Jul. 2024 was 円1,378 Mil. Therefore, Shinto Holdings's Gross Margin % for the quarter that ended in Jul. 2024 was 7.49%.

Shinto Holdings had a gross margin of 7.49% for the quarter that ended in Jul. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Shinto Holdings was 52.24%. The lowest was 2.11%. And the median was 14.42%.

Warning Sign:

Shinto Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -15.2%.


Shinto Holdings Gross Profit Historical Data

The historical data trend for Shinto Holdings'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.

Shinto Holdings Gross Profit Chart

Shinto Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.10 121.78 559.18 246.12 132.93

Shinto Holdings Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 22.50 26.54 49.99 59.15 103.26

Competitive Comparison of Shinto Holdings's Gross Profit

For the Apparel Manufacturing subindustry, Shinto Holdings'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.


Shinto Holdings's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinto Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shinto Holdings's Gross Profit falls into.


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Shinto Holdings Gross Profit Calculation

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

Shinto Holdings's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=6293.269 - 6160.338
=133

Shinto Holdings's Gross Profit for the quarter that ended in Jul. 2024 is calculated as

Gross Profit (Q: Jul. 2024 )=Revenue - Cost of Goods Sold
=1377.959 - 1274.699
=103

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円239 Mil.

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

Shinto Holdings's Gross Margin % for the quarter that ended in Jul. 2024 is calculated as

Gross Margin % (Q: Jul. 2024 )=Gross Profit (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=103 / 1377.959
=7.49 %

* 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.


Shinto Holdings  (TSE:2776) 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

Shinto Holdings had a gross margin of 7.49% for the quarter that ended in Jul. 2024 => No sustainable competitive advantage


Shinto Holdings Gross Profit Related Terms

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Shinto Holdings Business Description

Traded in Other Exchanges
N/A
Address
4-17-17 Kamezawa Sumida-Ku, Tokyo, JPN, 130-0014
Shinto Holdings Inc is engaged in the manufacturing and sale of casual wears, including tee-shirts, training clothes, and knitted products. It operates in three segments namely: wholesale, retail, and licensing.

Shinto Holdings Headlines

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