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NIC Autotec (TSE:5742) Gross Profit : 円716 Mil (TTM As of Dec. 2023)


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What is NIC Autotec Gross Profit?

NIC Autotec's gross profit for the three months ended in Dec. 2023 was 円188 Mil. NIC Autotec's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円716 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NIC Autotec's gross profit for the three months ended in Dec. 2023 was 円188 Mil. NIC Autotec's Revenue for the three months ended in Dec. 2023 was 円1,160 Mil. Therefore, NIC Autotec's Gross Margin % for the quarter that ended in Dec. 2023 was 16.24%.

NIC Autotec had a gross margin of 16.24% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of NIC Autotec was 24.92%. The lowest was 14.08%. And the median was 22.10%.

Warning Sign:

NIC Autotec Inc gross margin has been in long-term decline. The average rate of decline per year is -6.6%.


NIC Autotec Gross Profit Historical Data

The historical data trend for NIC Autotec'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.

NIC Autotec Gross Profit Chart

NIC Autotec Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,987.35 1,451.53 1,385.43 1,478.24 1,109.26

NIC Autotec Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 244.92 221.22 208.79 97.42 188.37

Competitive Comparison of NIC Autotec's Gross Profit

For the Aluminum subindustry, NIC Autotec'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.


NIC Autotec's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NIC Autotec's Gross Profit distribution charts can be found below:

* The bar in red indicates where NIC Autotec's Gross Profit falls into.



NIC Autotec Gross Profit Calculation

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

NIC Autotec'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
=6661.561 - 5552.297
=1,109

NIC Autotec's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1159.661 - 971.29
=188

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716 Mil.

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

NIC Autotec'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
=188 / 1159.661
=16.24 %

* 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.


NIC Autotec  (TSE:5742) 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

NIC Autotec had a gross margin of 16.24% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


NIC Autotec Gross Profit Related Terms

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NIC Autotec (TSE:5742) Business Description

Traded in Other Exchanges
N/A
Address
ShimizuHajime 7-8, Toyama, Toyama Prefecture, JPN, 930-0034
NIC Autotec, Inc is engaged in equipment business which include factory automation and clean booth and clean room, alpha frame business which include industrial aluminium frame and system, and commercial business.

NIC Autotec (TSE:5742) Headlines

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