GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » JINS Holdings Inc (TSE:3046) » Definitions » Gross Profit

JINS Holdings (TSE:3046) Gross Profit : 円58,929 Mil (TTM As of Feb. 2024)


View and export this data going back to 2013. Start your Free Trial

What is JINS Holdings Gross Profit?

JINS Holdings's gross profit for the three months ended in Feb. 2024 was 円15,276 Mil. JINS Holdings's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was 円58,929 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. JINS Holdings's gross profit for the three months ended in Feb. 2024 was 円15,276 Mil. JINS Holdings's Revenue for the three months ended in Feb. 2024 was 円19,852 Mil. Therefore, JINS Holdings's Gross Margin % for the quarter that ended in Feb. 2024 was 76.95%.

JINS Holdings had a gross margin of 76.95% for the quarter that ended in Feb. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of JINS Holdings was 78.89%. The lowest was 72.46%. And the median was 76.02%.


JINS Holdings Gross Profit Historical Data

The historical data trend for JINS 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.

JINS Holdings Gross Profit Chart

JINS Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47,343.00 46,698.00 50,410.00 52,131.00 56,263.00

JINS Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 13,459.00 14,853.00 14,453.00 14,347.00 15,276.00

Competitive Comparison of JINS Holdings's Gross Profit

For the Medical Instruments & Supplies subindustry, JINS 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.


JINS Holdings's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JINS Holdings's Gross Profit distribution charts can be found below:

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



JINS Holdings Gross Profit Calculation

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

JINS Holdings's Gross Profit for the fiscal year that ended in Aug. 2023 is calculated as

Gross Profit (A: Aug. 2023 )=Revenue - Cost of Goods Sold
=73264 - 17001
=56,263

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

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=19852 - 4576
=15,276

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円58,929 Mil.

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

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

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=15,276 / 19852
=76.95 %

* 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.


JINS Holdings  (TSE:3046) 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

JINS Holdings had a gross margin of 76.95% for the quarter that ended in Feb. 2024 => Durable competitive advantage


JINS Holdings Gross Profit Related Terms

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


JINS Holdings (TSE:3046) Business Description

Traded in Other Exchanges
Address
2-10-2 Fujimi, Iidabashi Grand Broom, 30th Floor, Chiyoda-ku, Tokyo, JPN, 102-0071
JINS Holdings Inc is an eye wear retailer that manufactures and sells private-label fashion eyeglasses and sunglasses. It offers prescription eyeglasses and nonprescription fashion or functional eyeglasses. Its inventory is on the shelves, and it charges flat rates with generally no additional charges or options for lens features. Jin has more than 300 stores in Japan as well as locations in China, Taiwan, and the United States. Stores are typically located in high-traffic areas such as shopping centers, malls, and train stations.

JINS Holdings (TSE:3046) Headlines

No Headlines