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Micronics Japan Co (STU:MJ3) Gross Profit : €114.9 Mil (TTM As of Mar. 2024)


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What is Micronics Japan Co Gross Profit?

Micronics Japan Co's gross profit for the three months ended in Mar. 2024 was €35.8 Mil. Micronics Japan Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €114.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Micronics Japan Co's gross profit for the three months ended in Mar. 2024 was €35.8 Mil. Micronics Japan Co's Revenue for the three months ended in Mar. 2024 was €72.4 Mil. Therefore, Micronics Japan Co's Gross Margin % for the quarter that ended in Mar. 2024 was 49.37%.

Micronics Japan Co had a gross margin of 49.37% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Micronics Japan Co was 45.64%. The lowest was 32.54%. And the median was 37.31%.


Micronics Japan Co Gross Profit Historical Data

The historical data trend for Micronics Japan 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.

Micronics Japan Co Gross Profit Chart

Micronics Japan Co Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.88 88.12 82.66 132.32 141.54

Micronics Japan Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 32.91 15.96 24.88 38.33 35.76

Competitive Comparison of Micronics Japan Co's Gross Profit

For the Semiconductor Equipment & Materials subindustry, Micronics Japan 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.


Micronics Japan Co's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micronics Japan Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Micronics Japan Co's Gross Profit falls into.



Micronics Japan Co Gross Profit Calculation

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

Micronics Japan Co's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=310.114 - 168.572
=141.5

Micronics Japan Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=72.424 - 36.666
=35.8

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €114.9 Mil.

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

Micronics Japan Co'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=35.8 / 72.424
=49.37 %

* 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.


Micronics Japan Co  (STU:MJ3) 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

Micronics Japan Co had a gross margin of 49.37% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Micronics Japan Co Gross Profit Related Terms

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Micronics Japan Co (STU:MJ3) Business Description

Traded in Other Exchanges
Address
2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.

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