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KH Neochem Co (TSE:4189) Gross Profit : 円22,539 Mil (TTM As of Mar. 2024)


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What is KH Neochem Co Gross Profit?

KH Neochem Co's gross profit for the three months ended in Mar. 2024 was 円5,651 Mil. KH Neochem Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円22,539 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. KH Neochem Co's gross profit for the three months ended in Mar. 2024 was 円5,651 Mil. KH Neochem Co's Revenue for the three months ended in Mar. 2024 was 円26,973 Mil. Therefore, KH Neochem Co's Gross Margin % for the quarter that ended in Mar. 2024 was 20.95%.

KH Neochem Co had a gross margin of 20.95% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of KH Neochem Co was 27.52%. The lowest was 15.97%. And the median was 21.73%.

Warning Sign:

KH Neochem Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


KH Neochem Co Gross Profit Historical Data

The historical data trend for KH Neochem 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.

KH Neochem Co Gross Profit Chart

KH Neochem Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 20,800.00 16,144.00 32,233.00 24,445.00 21,937.00

KH Neochem 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 5,049.00 5,475.00 5,225.00 6,188.00 5,651.00

Competitive Comparison of KH Neochem Co's Gross Profit

For the Chemicals subindustry, KH Neochem 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.


KH Neochem Co's Gross Profit Distribution in the Chemicals Industry

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

* The bar in red indicates where KH Neochem Co's Gross Profit falls into.



KH Neochem Co Gross Profit Calculation

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

KH Neochem Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=115217 - 93280
=21,937

KH Neochem Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=26973 - 21322
=5,651

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22,539 Mil.

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

KH Neochem Co'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
=5,651 / 26973
=20.95 %

* 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.


KH Neochem Co  (TSE:4189) 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

KH Neochem Co had a gross margin of 20.95% for the quarter that ended in Mar. 2024 => Competition eroding margins


KH Neochem Co Gross Profit Related Terms

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KH Neochem Co (TSE:4189) Business Description

Traded in Other Exchanges
N/A
Address
2-3-1, Nihonbashi-Muromachi, 7th Floor, Muromachi Furukawa Mitsui Building, Chuo-ku, Tokyo, JPN, 103-0022
KH Neochem Co Ltd is engaged in the production and sale of various chemical products. It offers products including solvents, plasticizer alcohols and raw materials for refrigeration lubricants.

KH Neochem Co (TSE:4189) Headlines

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