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QB Net Holdings Co (TSE:6571) Gross Profit : 円6,052 Mil (TTM As of Mar. 2024)


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What is QB Net Holdings Co Gross Profit?

QB Net Holdings Co's gross profit for the three months ended in Mar. 2024 was 円1,264 Mil. QB Net Holdings Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円6,052 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. QB Net Holdings Co's gross profit for the three months ended in Mar. 2024 was 円1,264 Mil. QB Net Holdings Co's Revenue for the three months ended in Mar. 2024 was 円5,935 Mil. Therefore, QB Net Holdings Co's Gross Margin % for the quarter that ended in Mar. 2024 was 21.30%.

QB Net Holdings Co had a gross margin of 21.30% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of QB Net Holdings Co was 24.63%. The lowest was 13.20%. And the median was 22.05%.

Warning Sign:

QB Net Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


QB Net Holdings Co Gross Profit Historical Data

The historical data trend for QB Net Holdings 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.

QB Net Holdings Co Gross Profit Chart

QB Net Holdings Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 4,851.00 2,843.00 2,500.00 4,026.00 5,285.00

QB Net Holdings 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 1,100.00 1,748.00 1,697.00 1,343.00 1,264.00

Competitive Comparison of QB Net Holdings Co's Gross Profit

For the Personal Services subindustry, QB Net Holdings 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.


QB Net Holdings Co's Gross Profit Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, QB Net Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where QB Net Holdings Co's Gross Profit falls into.



QB Net Holdings Co Gross Profit Calculation

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

QB Net Holdings Co's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=22746 - 17461
=5,285

QB Net Holdings 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
=5935 - 4671
=1,264

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6,052 Mil.

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

QB Net Holdings 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
=1,264 / 5935
=21.30 %

* 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.


QB Net Holdings Co  (TSE:6571) 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

QB Net Holdings Co had a gross margin of 21.30% for the quarter that ended in Mar. 2024 => Competition eroding margins


QB Net Holdings Co Gross Profit Related Terms

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QB Net Holdings Co (TSE:6571) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Shibuya 2 - Chome, Nagai Building 7th Floor, Tokyo, JPN, 150-0002
QB Net Holdings Co Ltd is engaged in hairdressing services. The company's brand profile includes QB House, QB Global, FaSS, and other brands such as LogiThcut PROFESSIONAL STYLIST SCHOOL and QB House Visit Beauty Salon . QB House is for the people who need short-term and low price services. QB Global is for the overseas people, and FaSS is for women and young people.

QB Net Holdings Co (TSE:6571) Headlines

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