Kuraray Co (TSE:3405) Gross-Profit-to-Asset % : 22.60% (As of Mar. 2024)

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What is Kuraray Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Kuraray Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was 円287,868 Mil. Kuraray Co's average Total Assets over the quarter that ended in Mar. 2024 was 円1,273,762 Mil. Therefore, Kuraray Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 22.60%.

Kuraray Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Kuraray Co's Gross-Profit-to-Asset % 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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Kuraray Co Gross-Profit-to-Asset % Chart

Kuraray Co Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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18.64

16.20

19.05

20.90

19.38

Kuraray Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															19.67	19.35	19.57	18.46	22.60

Competitive Comparison of Kuraray Co's Gross-Profit-to-Asset %

For the Chemicals subindustry, Kuraray Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Kuraray Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuraray Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Kuraray Co's Gross-Profit-to-Asset % falls into.

Kuraray Co Gross-Profit-to-Asset % Calculation

Kuraray Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	239982	/	( (1221533	+	1254485)	/ 2 )
	=	239982	/	1238009
	=	19.38 %

Kuraray Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	287868	/	( (1254485	+	1293039)	/ 2 )
	=	287868	/	1273762
	=	22.60 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Kuraray Co Gross-Profit-to-Asset % Related Terms

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Kuraray Co (TSE:3405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kuraray Co Ltd (TSE:3405) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

KURRY:USA KURRF:USA KUY:Germany

Address

Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8115

Website

http://www.kuraray.co.jp

Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.

Kuraray Co (TSE:3405) Headlines

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