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Aichi Steel (TSE:5482) Gross-Profit-to-Asset % : 7.92% (As of Mar. 2024)


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What is Aichi Steel 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. Aichi Steel's annualized Gross Profit for the quarter that ended in Mar. 2024 was 円32,788 Mil. Aichi Steel's average Total Assets over the quarter that ended in Mar. 2024 was 円413,962 Mil. Therefore, Aichi Steel's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.92%.


Aichi Steel Gross-Profit-to-Asset % Historical Data

The historical data trend for Aichi Steel'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.

* Premium members only.

Aichi Steel Gross-Profit-to-Asset % Chart

Aichi Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.68 8.21 7.63 7.75 9.43

Aichi Steel 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 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 9.83 9.85 10.18 11.89 7.92

Competitive Comparison of Aichi Steel's Gross-Profit-to-Asset %

For the Steel subindustry, Aichi Steel'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.


Aichi Steel's Gross-Profit-to-Asset % Distribution in the Steel Industry

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

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



Aichi Steel Gross-Profit-to-Asset % Calculation

Aichi Steel's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=39049/( (385449+443108)/ 2 )
=39049/414278.5
=9.43 %

Aichi Steel'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 )
=32788/( (384816+443108)/ 2 )
=32788/413962
=7.92 %

* 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.

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.


Aichi Steel Gross-Profit-to-Asset % Related Terms

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Aichi Steel (TSE:5482) Business Description

Traded in Other Exchanges
N/A
Address
1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

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