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T Hasegawa Co (T Hasegawa Co) Gross Margin % : 41.92% (As of Mar. 2024)


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What is T Hasegawa Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. T Hasegawa Co's Gross Profit for the three months ended in Mar. 2024 was $47.7 Mil. T Hasegawa Co's Revenue for the three months ended in Mar. 2024 was $113.7 Mil. Therefore, T Hasegawa Co's Gross Margin % for the quarter that ended in Mar. 2024 was 41.92%.


The historical rank and industry rank for T Hasegawa Co's Gross Margin % or its related term are showing as below:

HASGF' s Gross Margin % Range Over the Past 10 Years
Min: 36.42   Med: 38.57   Max: 41.06
Current: 40.43


During the past 13 years, the highest Gross Margin % of T Hasegawa Co was 41.06%. The lowest was 36.42%. And the median was 38.57%.

HASGF's Gross Margin % is ranked better than
84.42% of 1508 companies
in the Chemicals industry
Industry Median: 22.245 vs HASGF: 40.43

T Hasegawa Co had a gross margin of 41.92% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for T Hasegawa Co was 1.30% per year.


T Hasegawa Co Gross Margin % Historical Data

The historical data trend for T Hasegawa Co'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.

T Hasegawa Co Gross Margin % Chart

T Hasegawa Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.87 38.67 40.62 41.06 39.60

T Hasegawa Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 40.06 40.90 38.12 40.77 41.92

Competitive Comparison of T Hasegawa Co's Gross Margin %

For the Specialty Chemicals subindustry, T Hasegawa Co'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.


T Hasegawa Co's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, T Hasegawa Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where T Hasegawa Co's Gross Margin % falls into.



T Hasegawa Co Gross Margin % Calculation

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

T Hasegawa Co's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=173.8 / 438.797
=(Revenue - Cost of Goods Sold) / Revenue
=(438.797 - 265.041) / 438.797
=39.60 %

T Hasegawa Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=47.7 / 113.738
=(Revenue - Cost of Goods Sold) / Revenue
=(113.738 - 66.054) / 113.738
=41.92 %

* 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.


T Hasegawa Co  (OTCPK:HASGF) 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

T Hasegawa Co had a gross margin of 41.92% for the quarter that ended in Mar. 2024 => Durable 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.


T Hasegawa Co Gross Margin % Related Terms

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T Hasegawa Co (T Hasegawa Co) Business Description

Traded in Other Exchanges
Address
4-4-14, Nihonbashi-honcho, Chuo-ku, Tokyo, JPN, 103-8431
T Hasegawa Co Ltd manufactures and sells flavors and fragrances in two segments based on product type. The flavors segment, which generates the majority of revenue, sells flavors used in beverages, desserts, confectioneries, chewing gum, dental cleaning products, and animal feed. The fragrances segment sells fragrances used in perfumes, skin-care and hair-care products, bath additives, detergents, fabric softeners, and air fresheners. The majority of revenue comes from Japan.

T Hasegawa Co (T Hasegawa Co) Headlines

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