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Mitsubishi Gas Chemical Co (TSE:4182) Gross Profit : 円173,189 Mil (TTM As of Dec. 2023)


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What is Mitsubishi Gas Chemical Co Gross Profit?

Mitsubishi Gas Chemical Co's gross profit for the three months ended in Dec. 2023 was 円50,939 Mil. Mitsubishi Gas Chemical Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円173,189 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mitsubishi Gas Chemical Co's gross profit for the three months ended in Dec. 2023 was 円50,939 Mil. Mitsubishi Gas Chemical Co's Revenue for the three months ended in Dec. 2023 was 円222,087 Mil. Therefore, Mitsubishi Gas Chemical Co's Gross Margin % for the quarter that ended in Dec. 2023 was 22.94%.

Mitsubishi Gas Chemical Co had a gross margin of 22.94% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Mitsubishi Gas Chemical Co was 24.31%. The lowest was 14.58%. And the median was 21.48%.


Mitsubishi Gas Chemical Co Gross Profit Historical Data

The historical data trend for Mitsubishi Gas 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.

Mitsubishi Gas Chemical Co Gross Profit Chart

Mitsubishi Gas Chemical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131,394.00 140,958.00 162,586.00 168,179.00 173,189.00

Mitsubishi Gas Chemical Co 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 32,602.00 37,561.00 48,860.00 50,939.00 35,829.00

Competitive Comparison of Mitsubishi Gas Chemical Co's Gross Profit

For the Specialty Chemicals subindustry, Mitsubishi Gas 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.


Mitsubishi Gas Chemical Co's Gross Profit Distribution in the Chemicals Industry

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

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



Mitsubishi Gas Chemical Co Gross Profit Calculation

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

Mitsubishi Gas Chemical Co'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
=813417 - 640228
=173,189

Mitsubishi Gas 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
=222087 - 171148
=50,939

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173,189 Mil.

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

Mitsubishi Gas 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
=50,939 / 222087
=22.94 %

* 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.


Mitsubishi Gas Chemical Co  (TSE:4182) 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

Mitsubishi Gas Chemical Co had a gross margin of 22.94% for the quarter that ended in Dec. 2023 => Competition eroding margins


Mitsubishi Gas Chemical Co Gross Profit Related Terms

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Mitsubishi Gas Chemical Co (TSE:4182) Business Description

Traded in Other Exchanges
Address
5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8324
Mitsubishi Gas Chemical Co Inc manufactures and sells a variety of chemicals. The company organizes itself into four primary segments based on product type. The natural gas chemicals segment, which generates the most revenue of the segments, sells methanol, ammonia, and other chemicals produced from natural gas that are used to make fertilizers, plastics, and coatings. The specialty chemicals segment sells chemicals used to produce semiconductors, liquid crystals for televisions and monitors, and resins used to make plastic products. The aromatic chemicals segment sells terephthalic acid used to produce plastic bottles. The information and advanced materials segment sells copper laminates and oxygen absorbers.

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