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JFE Holdings (TSE:5411) Gross Profit : 円656,184 Mil (TTM As of Mar. 2024)


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What is JFE Holdings Gross Profit?

JFE Holdings's gross profit for the three months ended in Mar. 2024 was 円165,447 Mil. JFE Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円656,184 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. JFE Holdings's gross profit for the three months ended in Mar. 2024 was 円165,447 Mil. JFE Holdings's Revenue for the three months ended in Mar. 2024 was 円1,308,885 Mil. Therefore, JFE Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 12.64%.

JFE Holdings had a gross margin of 12.64% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of JFE Holdings was 15.79%. The lowest was 9.75%. And the median was 12.68%.


JFE Holdings Gross Profit Historical Data

The historical data trend for JFE Holdings'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.

JFE Holdings Gross Profit Chart

JFE Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 395,614.00 314,519.00 670,454.00 609,423.00 656,185.00

JFE Holdings 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 124,931.00 151,993.00 170,028.00 168,716.00 165,447.00

Competitive Comparison of JFE Holdings's Gross Profit

For the Steel subindustry, JFE Holdings'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.


JFE Holdings's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JFE Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where JFE Holdings's Gross Profit falls into.



JFE Holdings Gross Profit Calculation

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

JFE Holdings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=5174632 - 4518447
=656,185

JFE Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1308885 - 1143438
=165,447

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656,184 Mil.

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

JFE Holdings'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
=165,447 / 1308885
=12.64 %

* 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.


JFE Holdings  (TSE:5411) 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

JFE Holdings had a gross margin of 12.64% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


JFE Holdings Gross Profit Related Terms

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JFE Holdings (TSE:5411) Business Description

Traded in Other Exchanges
Address
2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011
JFE Holdings Inc is a Japan-based company operating through three subsidiaries, namely JFE Steel, JFE Engineering and JFE Shoji. JFE Steel produces and sells a wide range of steel products and raw materials, and also operates peripheral businesses such as transporting, maintenance and construction of equipment. JFE Engineering provides engineering services for energy, urban environment, recycle, steel construction and industrial machines and systems. JFE Shoji purchases, processes and sells steel products, raw materials for steel production, nonferrous metal products, food, etc. Steel manufacturing and trading account for majority of JFE's revenue. The company generates most of its sales from the Japanese market.

JFE Holdings (TSE:5411) Headlines

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