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Nakamichi leasing Co (SSE:8594) Gross Profit : 円3,428 Mil (TTM As of Dec. 2023)


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What is Nakamichi leasing Co Gross Profit?

Nakamichi leasing Co's gross profit for the three months ended in Dec. 2023 was 円827 Mil. Nakamichi leasing Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円3,428 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nakamichi leasing Co's gross profit for the three months ended in Dec. 2023 was 円827 Mil. Nakamichi leasing Co's Revenue for the three months ended in Dec. 2023 was 円11,287 Mil. Therefore, Nakamichi leasing Co's Gross Margin % for the quarter that ended in Dec. 2023 was 7.33%.

Nakamichi leasing Co had a gross margin of 7.33% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Nakamichi leasing Co was 8.43%. The lowest was 7.12%. And the median was 7.83%.


Nakamichi leasing Co Gross Profit Historical Data

The historical data trend for Nakamichi leasing Co's Gross Profit 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.

Nakamichi leasing Co Gross Profit Chart

Nakamichi leasing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,182.50 3,377.06 3,312.79 3,454.88 3,427.57

Nakamichi leasing Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 820.14 834.97 867.31 898.04 827.26

Competitive Comparison of Nakamichi leasing Co's Gross Profit

For the Credit Services subindustry, Nakamichi leasing Co's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Nakamichi leasing Co's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Nakamichi leasing Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nakamichi leasing Co's Gross Profit falls into.



Nakamichi leasing Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Nakamichi leasing Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=43176.624 - 39749.05
=3,428

Nakamichi leasing Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=11286.983 - 10459.726
=827

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,428 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Nakamichi leasing 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=827 / 11286.983
=7.33 %

* 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.


Nakamichi leasing Co  (SSE:8594) Gross Profit 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

Nakamichi leasing Co had a gross margin of 7.33% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Nakamichi leasing Co Gross Profit Related Terms

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Nakamichi leasing Co (SSE:8594) Business Description

Traded in Other Exchanges
N/A
Address
1-3-3 Higashi Kita-Ichijo, Chuo-ku, Sapporo, JPN, 060-8539
Nakamichi leasing Co Ltd is a Japanese firm which provides general leasing services. It offers finance lease, deferred payment sale (installment) transaction, car and automobile leasing, and financing activities. It has a space system which provides rental service and it also provides comprehensive energy conservation service.

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