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Change Holdings (TSE:3962) Gross Profit : 円23,041 Mil (TTM As of Mar. 2024)


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What is Change Holdings Gross Profit?

Change Holdings's gross profit for the three months ended in Mar. 2024 was 円3,369 Mil. Change Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円23,041 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Change Holdings's gross profit for the three months ended in Mar. 2024 was 円3,369 Mil. Change Holdings's Revenue for the three months ended in Mar. 2024 was 円8,216 Mil. Therefore, Change Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 41.01%.

Change Holdings had a gross margin of 41.01% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Change Holdings was 75.42%. The lowest was 37.11%. And the median was 62.25%.


Change Holdings Gross Profit Historical Data

The historical data trend for Change 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.

Change Holdings Gross Profit Chart

Change Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 4,055.75 7,950.00 11,588.00 12,522.00 23,041.00

Change Holdings 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 2,215.00 2,715.00 7,237.00 9,720.00 3,369.00

Competitive Comparison of Change Holdings's Gross Profit

For the Information Technology Services subindustry, Change 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.


Change Holdings's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Change Holdings's Gross Profit distribution charts can be found below:

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



Change Holdings Gross Profit Calculation

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

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

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=37014 - 13973
=23,041

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=8216 - 4847
=3,369

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23,041 Mil.

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

Change Holdings'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
=3,369 / 8216
=41.01 %

* 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.


Change Holdings  (TSE:3962) 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

Change Holdings had a gross margin of 41.01% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Change Holdings Gross Profit Related Terms

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Change Holdings (TSE:3962) Business Description

Traded in Other Exchanges
N/A
Address
3-17-1 Toranomon, 6th Floor, TOKYU REIT Toranomon Building, Minato-ku, Tokyo, JPN, 105-0001
Change Holdings Inc provides mobility, IoT (Internet of Things) data, security and IT human resources training services. It segments are: Public Tech and NEW-IT Transformation Business. The Public Tech segment covers local government support projects that aims to realize high value-added resident services by utilizing ICT technology to promote the improvement of local government business productivity. The NEW-IT Transformation Business segment promotes digital transformation through various algorithms such as AI, voice Internet, mobility, IoT, cloud, security, services utilizing basic technology, and training for digital human resources. It also provides digital transformation solutions by combining libraries based on customer needs to realize customer digital transformation.

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