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Aida Sekkei Co (TSE:2990) Gross Profit : 円9,557 Mil (TTM As of Sep. 2023)


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What is Aida Sekkei Co Gross Profit?

Aida Sekkei Co's gross profit for the six months ended in Sep. 2023 was 円5,257 Mil. Aida Sekkei Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was 円9,557 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aida Sekkei Co's gross profit for the six months ended in Sep. 2023 was 円5,257 Mil. Aida Sekkei Co's Revenue for the six months ended in Sep. 2023 was 円25,939 Mil. Therefore, Aida Sekkei Co's Gross Margin % for the quarter that ended in Sep. 2023 was 20.27%.

Aida Sekkei Co had a gross margin of 20.27% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Aida Sekkei Co was 21.78%. The lowest was 16.52%. And the median was 20.29%.


Aida Sekkei Co Gross Profit Historical Data

The historical data trend for Aida Sekkei 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.

Aida Sekkei Co Gross Profit Chart

Aida Sekkei Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
10,654.00 10,897.46 11,720.05 12,410.00 9,331.00

Aida Sekkei Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Profit Get a 7-Day Free Trial Premium Member Only 7,464.21 4,945.79 5,031.00 4,300.00 5,257.00

Competitive Comparison of Aida Sekkei Co's Gross Profit

For the Residential Construction subindustry, Aida Sekkei 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.


Aida Sekkei Co's Gross Profit Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Aida Sekkei Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Aida Sekkei Co's Gross Profit falls into.



Aida Sekkei Co Gross Profit Calculation

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

Aida Sekkei Co's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=56468 - 47137
=9,331

Aida Sekkei Co's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=25939 - 20682
=5,257

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円9,557 Mil.

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

Aida Sekkei Co's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=5,257 / 25939
=20.27 %

* 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.


Aida Sekkei Co  (TSE:2990) 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

Aida Sekkei Co had a gross margin of 20.27% for the quarter that ended in Sep. 2023 => Competition eroding margins


Aida Sekkei Co Gross Profit Related Terms

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Aida Sekkei Co (TSE:2990) Business Description

Traded in Other Exchanges
N/A
Address
2-286 Sakuragicho, Omiya-ku, Saitama Prefecture, Saitama, JPN, 330-0854
Aida Sekkei Co Ltd is engaged in the sales and construction of pre-build homes and custom build homes.

Aida Sekkei Co (TSE:2990) Headlines

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