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Keifuku Electric Railroad Co (TSE:9049) Gross Profit : 円1,896 Mil (TTM As of Dec. 2023)


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What is Keifuku Electric Railroad Co Gross Profit?

Keifuku Electric Railroad Co's gross profit for the three months ended in Dec. 2023 was 円766 Mil. Keifuku Electric Railroad Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,896 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Keifuku Electric Railroad Co's gross profit for the three months ended in Dec. 2023 was 円766 Mil. Keifuku Electric Railroad Co's Revenue for the three months ended in Dec. 2023 was 円4,060 Mil. Therefore, Keifuku Electric Railroad Co's Gross Margin % for the quarter that ended in Dec. 2023 was 18.87%.

Keifuku Electric Railroad Co had a gross margin of 18.87% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Keifuku Electric Railroad Co was 13.53%. The lowest was -1.47%. And the median was 6.79%.


Keifuku Electric Railroad Co Gross Profit Historical Data

The historical data trend for Keifuku Electric Railroad 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.

Keifuku Electric Railroad Co Gross Profit Chart

Keifuku Electric Railroad Co 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 1,023.00 938.00 -154.00 600.00 1,375.00

Keifuku Electric Railroad Co 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 558.00 -36.00 565.00 601.00 766.00

Competitive Comparison of Keifuku Electric Railroad Co's Gross Profit

For the Railroads subindustry, Keifuku Electric Railroad 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.


Keifuku Electric Railroad Co's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Keifuku Electric Railroad Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Keifuku Electric Railroad Co's Gross Profit falls into.



Keifuku Electric Railroad Co Gross Profit Calculation

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

Keifuku Electric Railroad Co'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
=13324 - 11949
=1,375

Keifuku Electric Railroad Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4060 - 3294
=766

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1,896 Mil.

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

Keifuku Electric Railroad Co'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
=766 / 4060
=18.87 %

* 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.


Keifuku Electric Railroad Co  (TSE:9049) 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

Keifuku Electric Railroad Co had a gross margin of 18.87% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Keifuku Electric Railroad Co Gross Profit Related Terms

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Keifuku Electric Railroad Co (TSE:9049) Business Description

Traded in Other Exchanges
N/A
Address
20 of Chukyo-ku, Mibukayogosho, JPN
Keifuku Electric Railroad Co., Ltd. provides railway services in Japan.

Keifuku Electric Railroad Co (TSE:9049) Headlines

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