GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Horai Co Ltd (TSE:9679) » Definitions » Gross-Profit-to-Asset %

Horai Co (TSE:9679) Gross-Profit-to-Asset % : 6.43% (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Horai Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Horai Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円1,206 Mil. Horai Co's average Total Assets over the quarter that ended in Dec. 2023 was 円18,757 Mil. Therefore, Horai Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 6.43%.


Horai Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Horai Co's Gross-Profit-to-Asset % 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.

Horai Co Gross-Profit-to-Asset % Chart

Horai Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.29 2.56 4.32 5.85 6.45

Horai 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-to-Asset % 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 6.75 3.98 7.00 8.44 6.43

Competitive Comparison of Horai Co's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Horai Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Horai Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Horai Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Horai Co's Gross-Profit-to-Asset % falls into.



Horai Co Gross-Profit-to-Asset % Calculation

Horai Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=1217.142/( (18877.628+18853.956)/ 2 )
=1217.142/18865.792
=6.45 %

Horai Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1206.028/( (18853.956+18659.09)/ 2 )
=1206.028/18756.523
=6.43 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Horai Co Gross-Profit-to-Asset % Related Terms

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


Horai Co (TSE:9679) Business Description

Traded in Other Exchanges
N/A
Address
Number 14, Number 5, Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Horai Co Ltd is engaged in the life insurance business, leasing and management of buildings and real estate, manufacture and sale of milk and dairy products, breeding, milking, and fed production of dairy cattle, and management of restaurants and tourist facilities.

Horai Co (TSE:9679) Headlines

No Headlines