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Chubu Suisan Co (NGO:8145) Gross Margin % : 5.37% (As of Dec. 2023)


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What is Chubu Suisan Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chubu Suisan Co's Gross Profit for the three months ended in Dec. 2023 was 円557 Mil. Chubu Suisan Co's Revenue for the three months ended in Dec. 2023 was 円10,371 Mil. Therefore, Chubu Suisan Co's Gross Margin % for the quarter that ended in Dec. 2023 was 5.37%.


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

NGO:8145' s Gross Margin % Range Over the Past 10 Years
Min: 4.27   Med: 4.47   Max: 5.1
Current: 5.1


During the past 13 years, the highest Gross Margin % of Chubu Suisan Co was 5.10%. The lowest was 4.27%. And the median was 4.47%.

NGO:8145's Gross Margin % is ranked worse than
96.13% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.685 vs NGO:8145: 5.10

Chubu Suisan Co had a gross margin of 5.37% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chubu Suisan Co was 2.50% per year.


Chubu Suisan Co Gross Margin % Historical Data

The historical data trend for Chubu Suisan 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.

Chubu Suisan Co Gross Margin % Chart

Chubu Suisan Co 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 4.27 4.32 4.33 5.06 4.67

Chubu Suisan Co 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 4.51 4.66 5.20 5.11 5.37

Competitive Comparison of Chubu Suisan Co's Gross Margin %

For the Food Distribution subindustry, Chubu Suisan 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.


Chubu Suisan Co's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Chubu Suisan Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Chubu Suisan Co's Gross Margin % falls into.



Chubu Suisan Co Gross Margin % Calculation

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

Chubu Suisan Co'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 )
=1677.2 / 35930.352
=(Revenue - Cost of Goods Sold) / Revenue
=(35930.352 - 34253.126) / 35930.352
=4.67 %

Chubu Suisan 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 )
=557.2 / 10370.548
=(Revenue - Cost of Goods Sold) / Revenue
=(10370.548 - 9813.307) / 10370.548
=5.37 %

* 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.


Chubu Suisan Co  (NGO:8145) 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

Chubu Suisan Co had a gross margin of 5.37% 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.


Chubu Suisan Co Gross Margin % Related Terms

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Chubu Suisan Co (NGO:8145) Business Description

Traded in Other Exchanges
N/A
Address
No. 22 Kawanami Atsuta-ku, Nagoya, JPN
Chubu Suisan Co Ltd is a Japan-based company engages in the wholesale of fish and marine products. It offers fresh, frozen, and processed fish. It is also involved in manufacturing feed and fish meal; and real estate leasing activities, as well as provide refrigerated warehousing services.

Chubu Suisan Co (NGO:8145) Headlines

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