FORLIFE Co (TSE:3477) Gross Margin % : 11.49% (As of Dec. 2023)

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What is FORLIFE Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FORLIFE Co's Gross Profit for the three months ended in Dec. 2023 was 円398 Mil. FORLIFE Co's Revenue for the three months ended in Dec. 2023 was 円3,466 Mil. Therefore, FORLIFE Co's Gross Margin % for the quarter that ended in Dec. 2023 was 11.49%.

Warning Sign:

FORLIFE Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.2%.

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

TSE:3477' s Gross Margin % Range Over the Past 10 Years
Min: 9.32 Med: 14.31 Max: 17.3
Current: 9.32

During the past 9 years, the highest Gross Margin % of FORLIFE Co was 17.30%. The lowest was 9.32%. And the median was 14.31%.

TSE:3477's Gross Margin % is ranked worse than
91% of 100 companies
in the Homebuilding & Construction industry
Industry Median: 22.075 vs TSE:3477: 9.32

FORLIFE Co had a gross margin of 11.49% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FORLIFE Co was -2.20% per year.

FORLIFE Co Gross Margin % Historical Data

The historical data trend for FORLIFE 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.

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FORLIFE Co Gross Margin % Chart

FORLIFE Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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13.13

12.46

14.31

14.59

10.53

FORLIFE 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															11.25	9.12	8.65	8.07	11.49

Competitive Comparison of FORLIFE Co's Gross Margin %

For the Residential Construction subindustry, FORLIFE 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.

FORLIFE Co's Gross Margin % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, FORLIFE Co's Gross Margin % distribution charts can be found below:

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

FORLIFE Co Gross Margin % Calculation

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

FORLIFE 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 )
	=	1486.9	/	14114.418
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(14114.418 - 12627.545)	/	14114.418
	=	10.53 %

FORLIFE 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 )
	=	398.1	/	3465.52
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3465.52 - 3067.378)	/	3465.52
	=	11.49 %

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.

FORLIFE Co (TSE:3477) 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

FORLIFE Co had a gross margin of 11.49% 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.

FORLIFE Co Gross Margin % Related Terms

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FORLIFE Co (TSE:3477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » FORLIFE Co Ltd (TSE:3477) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-4-11 Okurayama, Kohoku-ku, Kanagawa Prefecture, FORLIFE Okurayama Publishing Building, Yubinbango, Yokohama, JPN, 222-0037

Website

https://www.forlifeand.com

FORLIFE Co Ltd is a Japanese firm. It builds and sells ordered housing and manufactured housing. It also provides leasing business. It has a consultation and finance business.

FORLIFE Co (TSE:3477) Headlines

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