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Taiyo Technolex Co (TSE:6663) Gross Profit : 円1,012 Mil (TTM As of Mar. 2024)


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What is Taiyo Technolex Co Gross Profit?

Taiyo Technolex Co's gross profit for the three months ended in Mar. 2024 was 円272 Mil. Taiyo Technolex Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円1,012 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Taiyo Technolex Co's gross profit for the three months ended in Mar. 2024 was 円272 Mil. Taiyo Technolex Co's Revenue for the three months ended in Mar. 2024 was 円866 Mil. Therefore, Taiyo Technolex Co's Gross Margin % for the quarter that ended in Mar. 2024 was 31.44%.

Taiyo Technolex Co had a gross margin of 31.44% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Taiyo Technolex Co was 30.42%. The lowest was 19.98%. And the median was 27.47%.


Taiyo Technolex Co Gross Profit Historical Data

The historical data trend for Taiyo Technolex 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.

Taiyo Technolex Co Gross Profit Chart

Taiyo Technolex Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,062.07 634.31 1,191.75 1,041.77 944.31

Taiyo Technolex 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 204.98 284.19 190.14 265.01 272.24

Competitive Comparison of Taiyo Technolex Co's Gross Profit

For the Electronic Components subindustry, Taiyo Technolex 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.


Taiyo Technolex Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taiyo Technolex Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Taiyo Technolex Co's Gross Profit falls into.



Taiyo Technolex Co Gross Profit Calculation

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

Taiyo Technolex 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
=3411.465 - 2467.156
=944

Taiyo Technolex 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
=865.849 - 593.605
=272

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1,012 Mil.

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

Taiyo Technolex 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
=272 / 865.849
=31.44 %

* 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.


Taiyo Technolex Co  (TSE:6663) 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

Taiyo Technolex Co had a gross margin of 31.44% for the quarter that ended in Mar. 2024 => Competition eroding margins


Taiyo Technolex Co Gross Profit Related Terms

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Taiyo Technolex Co (TSE:6663) Business Description

Traded in Other Exchanges
N/A
Address
661, Arimoto, Wakayama, JPN, 640-8390
Taiyo Technolex Co Ltd is a contract manufacturer in Japan. The company is involved in manufacture engraving and plating of various printing rolls, manufacture, engraving and plating of other rolls Manufacture and engraving of various stencils manufacture and processing of various building materials Sales of equipment related to the preceding items and manufacture and sale of various interior-related products.

Taiyo Technolex Co (TSE:6663) Headlines

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