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Nankai Chemical Co (TSE:4040) Gross Profit : 円5,495 Mil (TTM As of Dec. 2023)


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What is Nankai Chemical Co Gross Profit?

Nankai Chemical Co's gross profit for the three months ended in Dec. 2023 was 円1,422 Mil. Nankai Chemical Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円5,495 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nankai Chemical Co's gross profit for the three months ended in Dec. 2023 was 円1,422 Mil. Nankai Chemical Co's Revenue for the three months ended in Dec. 2023 was 円5,280 Mil. Therefore, Nankai Chemical Co's Gross Margin % for the quarter that ended in Dec. 2023 was 26.93%.

Nankai Chemical Co had a gross margin of 26.93% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 3 years, the highest Gross Margin % of Nankai Chemical Co was 27.26%. The lowest was 22.98%. And the median was 23.50%.


Nankai Chemical Co Gross Profit Historical Data

The historical data trend for Nankai Chemical 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.

* Premium members only.

Nankai Chemical Co Gross Profit Chart

Nankai Chemical Co Annual Data
Trend Mar21 Mar22 Mar23
Gross Profit
3,869.00 4,127.00 4,504.00

Nankai Chemical Co Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial - 1,313.00 1,528.00 1,232.00 1,422.00

Competitive Comparison of Nankai Chemical Co's Gross Profit

For the Chemicals subindustry, Nankai Chemical 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.


Nankai Chemical Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nankai Chemical Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nankai Chemical Co's Gross Profit falls into.



Nankai Chemical Co Gross Profit Calculation

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

Nankai Chemical Co's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=19601 - 15097
=4,504

Nankai Chemical Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5280 - 3858
=1,422

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円5,495 Mil.

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

Nankai Chemical Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,422 / 5280
=26.93 %

* 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.


Nankai Chemical Co  (TSE:4040) 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

Nankai Chemical Co had a gross margin of 26.93% for the quarter that ended in Dec. 2023 => Competition eroding margins


Nankai Chemical Co Gross Profit Related Terms

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Nankai Chemical Co (TSE:4040) Business Description

Traded in Other Exchanges
N/A
Address
1-12-19 Minamihorie, Yotsubashi Star Building, Nishi-ku, Osaka, JPN, 550-0015
Nankai Chemical Co Ltd is engaged in the manufacturing and sales of chemical products, agricultural products, quasi-drugs and food additives. collecting, transporting, and recycling of industrial wastes.

Nankai Chemical Co (TSE:4040) Headlines

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