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Shizuoka Gas Co (TSE:9543) Gross Profit : 円38,468 Mil (TTM As of Jun. 2024)


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What is Shizuoka Gas Co Gross Profit?

Shizuoka Gas Co's gross profit for the three months ended in Jun. 2024 was 円14,384 Mil. Shizuoka Gas Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was 円38,468 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shizuoka Gas Co's gross profit for the three months ended in Jun. 2024 was 円14,384 Mil. Shizuoka Gas Co's Revenue for the three months ended in Jun. 2024 was 円51,012 Mil. Therefore, Shizuoka Gas Co's Gross Margin % for the quarter that ended in Jun. 2024 was 28.20%.

Shizuoka Gas Co had a gross margin of 28.20% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shizuoka Gas Co was 33.85%. The lowest was 18.17%. And the median was 24.79%.

Warning Sign:

Shizuoka Gas Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3%.


Shizuoka Gas Co Gross Profit Historical Data

The historical data trend for Shizuoka Gas 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.

Shizuoka Gas Co Gross Profit Chart

Shizuoka Gas 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 35,425.00 34,199.00 32,655.00 37,670.00 47,567.00

Shizuoka Gas Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8,770.00 6,603.00 9,803.00 14,384.00 7,678.00

Competitive Comparison of Shizuoka Gas Co's Gross Profit

For the Utilities - Regulated Gas subindustry, Shizuoka Gas 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.


Shizuoka Gas Co's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shizuoka Gas Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shizuoka Gas Co's Gross Profit falls into.



Shizuoka Gas Co Gross Profit Calculation

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

Shizuoka Gas 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
=214004 - 166437
=47,567

Shizuoka Gas 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
=51012 - 36628
=14,384

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38,468 Mil.

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

Shizuoka Gas 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
=14,384 / 51012
=28.20 %

* 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.


Shizuoka Gas Co  (TSE:9543) 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

Shizuoka Gas Co had a gross margin of 28.20% for the quarter that ended in Jun. 2024 => Competition eroding margins


Shizuoka Gas Co Gross Profit Related Terms

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Shizuoka Gas Co Business Description

Traded in Other Exchanges
N/A
Address
1-5-38 Yawata, Suruga-ku, Shizuoka, JPN, 422-8688
Shizuoka Gas Co Ltd, or Shizgas, is a Japanese electric power and gas company. Shizgas is primarily involved in the distribution of city gas through its pipeline network to Japanese municipalities between Tokyo and Nagoya along the coastline of the Pacific Ocean near Mount Fuji. The company segments its operations into gas, LPG, and other energy services, and other businesses units. Shizuoka Gas derives the vast majority of its revenue from sales of natural gas. The company's customers are mainly split between wholesale and industrial consumers in terms of sales volume. Shizuoka Gas also generates revenue from the sale of liquefied natural gas that it imports from overseas, utility facility construction, and natural gas piping installations in Japan.

Shizuoka Gas Co Headlines

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