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NEXON Co (TSE:3659) Gross Profit : 円263,425 Mil (TTM As of Mar. 2024)


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What is NEXON Co Gross Profit?

NEXON Co's gross profit for the three months ended in Mar. 2024 was 円67,861 Mil. NEXON Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円263,425 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NEXON Co's gross profit for the three months ended in Mar. 2024 was 円67,861 Mil. NEXON Co's Revenue for the three months ended in Mar. 2024 was 円108,418 Mil. Therefore, NEXON Co's Gross Margin % for the quarter that ended in Mar. 2024 was 62.59%.

NEXON Co had a gross margin of 62.59% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of NEXON Co was 77.32%. The lowest was 64.62%. And the median was 74.12%.

Warning Sign:

NEXON Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


NEXON Co Gross Profit Historical Data

The historical data trend for NEXON 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.

NEXON Co Gross Profit Chart

NEXON 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 188,956.00 224,015.00 202,341.00 247,936.00 285,418.00

NEXON 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 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 89,854.00 61,632.00 84,348.00 49,584.00 67,861.00

Competitive Comparison of NEXON Co's Gross Profit

For the Electronic Gaming & Multimedia subindustry, NEXON 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.


NEXON Co's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's Gross Profit distribution charts can be found below:

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



NEXON Co Gross Profit Calculation

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

NEXON 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
=423356 - 137938
=285,418

NEXON 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
=108418 - 40557
=67,861

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 円263,425 Mil.

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

NEXON 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
=67,861 / 108418
=62.59 %

* 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.


NEXON Co  (TSE:3659) 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

NEXON Co had a gross margin of 62.59% for the quarter that ended in Mar. 2024 => Durable competitive advantage


NEXON Co Gross Profit Related Terms

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NEXON Co (TSE:3659) Business Description

Traded in Other Exchanges
Address
1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
NEXON Co Ltd provides engaging, high quality, geographically unique games to international users through the development and service of PC online and mobile games. The company's major PC online titles include MapleStory and Dungeon&Fighter and their mobile games include HIT and DomiNations. The games are in approximately 200 countries including China, Korea, Japan, North America, and Europe. The PC segment is responsible for a majority of revenue, while the Mobile segment accounts for a smaller portion. Geographically, over half of the company's revenue is derived from China, roughly one quarter is derived from Korea, and the remainder is derived from Japan, North America, and Europe & Others.

NEXON Co (TSE:3659) Headlines

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