GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hino Motors Ltd (TSE:7205) » Definitions » Gross Profit

Hino Motors (TSE:7205) Gross Profit : 円233,575 Mil (TTM As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is Hino Motors Gross Profit?

Hino Motors's gross profit for the three months ended in Dec. 2023 was 円60,604 Mil. Hino Motors's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円233,575 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hino Motors's gross profit for the three months ended in Dec. 2023 was 円60,604 Mil. Hino Motors's Revenue for the three months ended in Dec. 2023 was 円386,124 Mil. Therefore, Hino Motors's Gross Margin % for the quarter that ended in Dec. 2023 was 15.70%.

Hino Motors had a gross margin of 15.70% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Hino Motors was 17.54%. The lowest was 14.20%. And the median was 15.99%.


Hino Motors Gross Profit Historical Data

The historical data trend for Hino Motors'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.

Hino Motors Gross Profit Chart

Hino Motors 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 273,165.00 212,832.00 250,505.00 239,659.00 233,575.00

Hino Motors 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 51,656.00 58,256.00 65,753.00 60,604.00 48,962.00

Competitive Comparison of Hino Motors's Gross Profit

For the Farm & Heavy Construction Machinery subindustry, Hino Motors'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.


Hino Motors's Gross Profit Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hino Motors's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hino Motors's Gross Profit falls into.



Hino Motors Gross Profit Calculation

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

Hino Motors'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
=1516255 - 1282680
=233,575

Hino Motors's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=386124 - 325520
=60,604

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233,575 Mil.

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

Hino Motors'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
=60,604 / 386124
=15.70 %

* 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.


Hino Motors  (TSE:7205) 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

Hino Motors had a gross margin of 15.70% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Hino Motors Gross Profit Related Terms

Thank you for viewing the detailed overview of Hino Motors's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Hino Motors (TSE:7205) Business Description

Traded in Other Exchanges
Address
1-1 Hinodai 3-chome, Hino-shi, Tokyo, JPN
Hino Motors Ltd is a Japanese automobile manufacturer, and a subsidiary of Toyota Motor. The company primarily manufactures and sells medium and heavy commercial vehicles, such as trucks and buses, and light commercial vehicles under the Hino brand. These operations contribute the majority of consolidated revenue. In addition, Hino manufactures passenger vehicles under the Toyota brand, along with engines and spare parts. Domestic sales represent the largest share of Hino's revenue, with Asia excluding Japan the next most significant contributor.

Hino Motors (TSE:7205) Headlines

No Headlines