JFE Holdings (TSE:5411) Gross Margin % : 12.64% (As of Mar. 2024)

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What is JFE Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. JFE Holdings's Gross Profit for the three months ended in Mar. 2024 was 円165,447 Mil. JFE Holdings's Revenue for the three months ended in Mar. 2024 was 円1,308,885 Mil. Therefore, JFE Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 12.64%.

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

TSE:5411' s Gross Margin % Range Over the Past 10 Years
Min: 9.75 Med: 12.68 Max: 15.79
Current: 12.68

During the past 13 years, the highest Gross Margin % of JFE Holdings was 15.79%. The lowest was 9.75%. And the median was 12.68%.

TSE:5411's Gross Margin % is ranked worse than
50.68% of 586 companies
in the Steel industry
Industry Median: 12.94 vs TSE:5411: 12.68

JFE Holdings had a gross margin of 12.64% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JFE Holdings was 0.60% per year.

JFE Holdings Gross Margin % Historical Data

The historical data trend for JFE 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.

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JFE Holdings Gross Margin % Chart

JFE Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Margin %

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10.61

9.75

15.36

11.57

12.68

JFE Holdings 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															9.18	12.04	12.93	13.09	12.64

Competitive Comparison of JFE Holdings's Gross Margin %

For the Steel subindustry, JFE 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.

JFE Holdings's Gross Margin % Distribution in the Steel Industry

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

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

JFE Holdings Gross Margin % Calculation

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

JFE Holdings's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )	=	Gross Profit (A: Mar. 2024 )	/	Revenue (A: Mar. 2024 )
	=	656185	/	5174632
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5174632 - 4518447)	/	5174632
	=	12.68 %

JFE Holdings'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 )
	=	165447	/	1308885
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1308885 - 1143438)	/	1308885
	=	12.64 %

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.

JFE Holdings (TSE:5411) 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

JFE Holdings had a gross margin of 12.64% for the quarter that ended in Mar. 2024 => 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.

JFE Holdings Gross Margin % Related Terms

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JFE Holdings (TSE:5411) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » JFE Holdings Inc (TSE:5411) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

JFEEF:USA JFR:Germany

Address

2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.jfe-holdings.co.jp

JFE Holdings Inc is a Japan-based company operating through three subsidiaries, namely JFE Steel, JFE Engineering and JFE Shoji. JFE Steel produces and sells a wide range of steel products and raw materials, and also operates peripheral businesses such as transporting, maintenance and construction of equipment. JFE Engineering provides engineering services for energy, urban environment, recycle, steel construction and industrial machines and systems. JFE Shoji purchases, processes and sells steel products, raw materials for steel production, nonferrous metal products, food, etc. Steel manufacturing and trading account for majority of JFE's revenue. The company generates most of its sales from the Japanese market.

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