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Shin-Etsu Polymer Co (TSE:7970) Gross Profit : 円33,724 Mil (TTM As of Sep. 2024)


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What is Shin-Etsu Polymer Co Gross Profit?

Shin-Etsu Polymer Co's gross profit for the three months ended in Sep. 2024 was 円9,004 Mil. Shin-Etsu Polymer Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was 円33,724 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shin-Etsu Polymer Co's gross profit for the three months ended in Sep. 2024 was 円9,004 Mil. Shin-Etsu Polymer Co's Revenue for the three months ended in Sep. 2024 was 円29,112 Mil. Therefore, Shin-Etsu Polymer Co's Gross Margin % for the quarter that ended in Sep. 2024 was 30.93%.

Shin-Etsu Polymer Co had a gross margin of 30.93% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shin-Etsu Polymer Co was 32.01%. The lowest was 25.85%. And the median was 31.10%.


Shin-Etsu Polymer Co Gross Profit Historical Data

The historical data trend for Shin-Etsu Polymer 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.

Shin-Etsu Polymer Co Gross Profit Chart

Shin-Etsu Polymer Co 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 25,693.00 23,981.00 29,140.00 33,731.00 31,155.00

Shin-Etsu Polymer Co 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 8,024.00 7,333.00 8,240.00 9,004.00 9,147.00

Competitive Comparison of Shin-Etsu Polymer Co's Gross Profit

For the Specialty Chemicals subindustry, Shin-Etsu Polymer 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.


Shin-Etsu Polymer Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Polymer Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Polymer Co's Gross Profit falls into.


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Shin-Etsu Polymer Co Gross Profit Calculation

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

Shin-Etsu Polymer Co'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
=104379 - 73224
=31,155

Shin-Etsu Polymer Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=29112 - 20108
=9,004

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33,724 Mil.

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

Shin-Etsu Polymer Co'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
=9,004 / 29112
=30.93 %

* 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.


Shin-Etsu Polymer Co  (TSE:7970) 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

Shin-Etsu Polymer Co had a gross margin of 30.93% for the quarter that ended in Sep. 2024 => Competition eroding margins


Shin-Etsu Polymer Co Gross Profit Related Terms

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Shin-Etsu Polymer Co Business Description

Traded in Other Exchanges
N/A
Address
Sotetsu Kandasudacho Building, 1-9 Kanda-Sudacho, Chiyoda-ku, Tokyo, JPN, 101-0041
Shin-Etsu Polymer Co Ltd manufactures polyvinyl and rubber products. The company develops applications for using the silicone and various plastics involving materials and compounding, design, molding processes, and evaluation and analysis and meets the needs of customers engaged in the field from automobiles and information devices to semiconductors and construction materials. Shin-Etsu sells its products mainly to the electronic devices industry, housing and living materials industry, precision molding products industry and others but majority of the revenues are derived from precision molding products which includes shipping and carrying containers for semiconductor silicon wafers, materials for automatic mounting of electronic components, office automation device components.

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