GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » King Jim Co Ltd (TSE:7962) » Definitions » Gross Profit

King Jim Co (TSE:7962) Gross Profit : 円14,316 Mil (TTM As of Jun. 2024)


View and export this data going back to 2001. Start your Free Trial

What is King Jim Co Gross Profit?

King Jim Co's gross profit for the three months ended in Jun. 2024 was 円3,688 Mil. King Jim Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was 円14,316 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. King Jim Co's gross profit for the three months ended in Jun. 2024 was 円3,688 Mil. King Jim Co's Revenue for the three months ended in Jun. 2024 was 円10,963 Mil. Therefore, King Jim Co's Gross Margin % for the quarter that ended in Jun. 2024 was 33.64%.

King Jim Co had a gross margin of 33.64% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of King Jim Co was 39.76%. The lowest was 35.76%. And the median was 37.13%.

Warning Sign:

King Jim Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


King Jim Co Gross Profit Historical Data

The historical data trend for King Jim 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.

King Jim Co Gross Profit Chart

King Jim Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,901.10 14,438.78 13,477.21 14,190.71 14,316.25

King Jim Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3,764.91 3,191.06 3,246.97 4,190.53 3,687.69

Competitive Comparison of King Jim Co's Gross Profit

For the Business Equipment & Supplies subindustry, King Jim 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.


King Jim Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, King Jim Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where King Jim Co's Gross Profit falls into.



King Jim Co Gross Profit Calculation

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

King Jim Co's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=39553.069 - 25236.821
=14,316

King Jim Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=10962.705 - 7275.02
=3,688

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円14,316 Mil.

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

King Jim Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,688 / 10962.705
=33.64 %

* 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.


King Jim Co  (TSE:7962) 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

King Jim Co had a gross margin of 33.64% for the quarter that ended in Jun. 2024 => Competition eroding margins


King Jim Co Gross Profit Related Terms

Thank you for viewing the detailed overview of King Jim Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


King Jim Co Business Description

Traded in Other Exchanges
N/A
Address
10-18, Higashi-Kanda 2-chome, Chiyoda-ku, Tokyo, JPN
King Jim Co.Ltd manufactures and supplies stationery and office equipment such as tape printer, electronic memo, digital business card organizer, office stationery, functional earphone, password management supplies, and functional mouse.

King Jim Co Headlines

No Headlines