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Sanwa Holdings (TSE:5929) Gross Margin % : 31.39% (As of Dec. 2023)


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What is Sanwa Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sanwa Holdings's Gross Profit for the three months ended in Dec. 2023 was 円47,021 Mil. Sanwa Holdings's Revenue for the three months ended in Dec. 2023 was 円149,815 Mil. Therefore, Sanwa Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 31.39%.


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

TSE:5929' s Gross Margin % Range Over the Past 10 Years
Min: 27.57   Med: 29.26   Max: 31.73
Current: 31.73


During the past 13 years, the highest Gross Margin % of Sanwa Holdings was 31.73%. The lowest was 27.57%. And the median was 29.26%.

TSE:5929's Gross Margin % is ranked better than
72.83% of 1612 companies
in the Construction industry
Industry Median: 19.255 vs TSE:5929: 31.73

Sanwa Holdings had a gross margin of 31.39% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sanwa Holdings was 0.90% per year.


Sanwa Holdings Gross Margin % Historical Data

The historical data trend for Sanwa 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.

* Premium members only.

Sanwa Holdings Gross Margin % Chart

Sanwa Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.36 29.79 29.49 30.55 32.25

Sanwa 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 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 31.68 30.66 33.03 31.39 33.52

Competitive Comparison of Sanwa Holdings's Gross Margin %

For the Building Products & Equipment subindustry, Sanwa 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.


Sanwa Holdings's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sanwa Holdings's Gross Margin % distribution charts can be found below:

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



Sanwa Holdings Gross Margin % Calculation

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

Sanwa 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 )
=197107 / 611107
=(Revenue - Cost of Goods Sold) / Revenue
=(611107 - 414000) / 611107
=32.25 %

Sanwa Holdings'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 )
=47021 / 149815
=(Revenue - Cost of Goods Sold) / Revenue
=(149815 - 102794) / 149815
=31.39 %

* 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.


Sanwa Holdings  (TSE:5929) 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

Sanwa Holdings had a gross margin of 31.39% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Sanwa Holdings Gross Margin % Related Terms

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Sanwa Holdings (TSE:5929) Business Description

Traded in Other Exchanges
Address
Nishi-Shinjuku 2-1-1, Shinjuku Mitsui Building, 52nd Floor, Shinjuku-ku, Tokyo, JPN, 163-0478
Sanwa Holdings Corp produces doors for residential and non-residential buildings through its subsidiaries. It offers condominium doors, window shutters, exterior products, garage doors, operators, and hinge doors for residential buildings; and heavy-duty shutters, steel doors, partitions, stainless steel products, overhead doors, automatic doors, truck/trailer doors, and industrial doors for non-residential buildings. The company operates in Japan, North America, and Europe.

Sanwa Holdings (TSE:5929) Headlines

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