GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Oji Holdings Corp (OTCPK:OJIPY) » Definitions » Gross Margin %

Oji Holdings (Oji Holdings) Gross Margin % : 17.96% (As of Dec. 2023)


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

What is Oji Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Oji Holdings's Gross Profit for the three months ended in Dec. 2023 was $555 Mil. Oji Holdings's Revenue for the three months ended in Dec. 2023 was $3,093 Mil. Therefore, Oji Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 17.96%.

Warning Sign:

Oji Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


The historical rank and industry rank for Oji Holdings's Gross Margin % or its related term are showing as below:

OJIPY' s Gross Margin % Range Over the Past 10 Years
Min: 19.66   Med: 23.2   Max: 24.24
Current: 19.66


During the past 13 years, the highest Gross Margin % of Oji Holdings was 24.24%. The lowest was 19.66%. And the median was 23.20%.

OJIPY's Gross Margin % is ranked worse than
50.88% of 283 companies
in the Forest Products industry
Industry Median: 19.84 vs OJIPY: 19.66

Oji Holdings had a gross margin of 17.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Oji Holdings was -2.30% per year.


Oji Holdings Gross Margin % Historical Data

The historical data trend for Oji Holdings's Gross Margin % 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.

Oji Holdings Gross Margin % Chart

Oji Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.24 24.14 24.09 23.40 19.92

Oji Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 18.64 21.35 20.36 19.13 17.96

Competitive Comparison of Oji Holdings's Gross Margin %

For the Paper & Paper Products subindustry, Oji Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Oji Holdings's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Oji Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Oji Holdings's Gross Margin % falls into.



Oji Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Oji Holdings's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=2543.7 / 12768.114
=(Revenue - Cost of Goods Sold) / Revenue
=(12768.114 - 10224.436) / 12768.114
=19.92 %

Oji Holdings'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 )
=555.3 / 3092.786
=(Revenue - Cost of Goods Sold) / Revenue
=(3092.786 - 2537.437) / 3092.786
=17.96 %

* 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.


Oji Holdings  (OTCPK:OJIPY) Gross Margin % 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

Oji Holdings had a gross margin of 17.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Oji Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Oji Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Oji Holdings (Oji Holdings) Business Description

Traded in Other Exchanges
Address
7-5, Ginza 4-chome, Chuo-ku, Tokyo, JPN, 104-0061
Oji Holdings Corp is a holding company whose subsidiaries produce and sell pulp and a variety of paper products The company organizes itself into four segments based on product type. The household and industrial materials segment, which generates more revenue than any other segment, sells packaging materials, paper towels, toilet paper, tissues, and diapers. The functional materials segment sells adhesive paper, specialty paper, and film. The forest resources and environmental marketing segment sells lumber, pulp, and biomass fuel. The printing and communications media segment sells newsprint, magazine paper, and printer paper.

Oji Holdings (Oji Holdings) Headlines

No Headlines