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Kyoei Steel (TSE:5440) Gross Profit : 円38,892 Mil (TTM As of Sep. 2024)


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What is Kyoei Steel Gross Profit?

Kyoei Steel's gross profit for the three months ended in Sep. 2024 was 円8,814 Mil. Kyoei Steel's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was 円38,892 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kyoei Steel's gross profit for the three months ended in Sep. 2024 was 円8,814 Mil. Kyoei Steel's Revenue for the three months ended in Sep. 2024 was 円82,747 Mil. Therefore, Kyoei Steel's Gross Margin % for the quarter that ended in Sep. 2024 was 10.65%.

Kyoei Steel had a gross margin of 10.65% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Kyoei Steel was 14.84%. The lowest was 8.61%. And the median was 12.28%.


Kyoei Steel Gross Profit Historical Data

The historical data trend for Kyoei Steel'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.

Kyoei Steel Gross Profit Chart

Kyoei Steel 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 34,743.00 28,258.00 25,899.00 34,274.00 41,969.00

Kyoei Steel Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10,064.00 11,922.00 8,672.00 8,814.00 9,484.00

Competitive Comparison of Kyoei Steel's Gross Profit

For the Steel subindustry, Kyoei Steel'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.


Kyoei Steel's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kyoei Steel's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kyoei Steel's Gross Profit falls into.


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Kyoei Steel Gross Profit Calculation

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

Kyoei Steel'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
=320982 - 279013
=41,969

Kyoei Steel's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=82747 - 73933
=8,814

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円38,892 Mil.

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

Kyoei Steel's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=8,814 / 82747
=10.65 %

* 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.


Kyoei Steel  (TSE:5440) 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

Kyoei Steel had a gross margin of 10.65% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Kyoei Steel Gross Profit Related Terms

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Kyoei Steel Business Description

Traded in Other Exchanges
N/A
Address
Issue 16 No. 4-chome, Kita-ku, Dojimahama, Osaka, JPN, 5300004
Kyoei Steel Ltd is involved in the business Steel and Material recycling. Its primary activities include manufacture, processing, and sale of steel billets and products, collection, transportation and treatment of general, industrial and medical waste, recycling of automobiles and industrial waste, processing assembly of rebars, designing of steel production plants and sale of steelmaking technology. The firm's products include concrete steel bars, flat bars, I-beams, equal angle bars etc.

Kyoei Steel Headlines

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