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Asahi Intecc Co (TSE:7747) Gross Profit : 円65,054 Mil (TTM As of Mar. 2024)


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What is Asahi Intecc Co Gross Profit?

Asahi Intecc Co's gross profit for the three months ended in Mar. 2024 was 円17,317 Mil. Asahi Intecc Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円65,054 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Asahi Intecc Co's gross profit for the three months ended in Mar. 2024 was 円17,317 Mil. Asahi Intecc Co's Revenue for the three months ended in Mar. 2024 was 円26,392 Mil. Therefore, Asahi Intecc Co's Gross Margin % for the quarter that ended in Mar. 2024 was 65.61%.

Asahi Intecc Co had a gross margin of 65.61% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Asahi Intecc Co was 69.54%. The lowest was 62.88%. And the median was 66.13%.

Warning Sign:

Asahi Intecc Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Asahi Intecc Co Gross Profit Historical Data

The historical data trend for Asahi Intecc 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.

Asahi Intecc Co Gross Profit Chart

Asahi Intecc Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39,700.35 38,038.00 41,468.00 51,082.00 58,832.00

Asahi Intecc 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 16,246.00 12,546.00 18,624.00 16,567.00 17,317.00

Competitive Comparison of Asahi Intecc Co's Gross Profit

For the Medical Instruments & Supplies subindustry, Asahi Intecc 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.


Asahi Intecc Co's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Asahi Intecc Co's Gross Profit distribution charts can be found below:

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



Asahi Intecc Co Gross Profit Calculation

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

Asahi Intecc Co's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=90101 - 31269
=58,832

Asahi Intecc 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
=26392 - 9075
=17,317

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65,054 Mil.

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

Asahi Intecc 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
=17,317 / 26392
=65.61 %

* 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.


Asahi Intecc Co  (TSE:7747) 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

Asahi Intecc Co had a gross margin of 65.61% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Asahi Intecc Co Gross Profit Related Terms

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Asahi Intecc Co (TSE:7747) Business Description

Traded in Other Exchanges
Address
1703 Wakita-cho, Nagoya, JPN
Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.

Asahi Intecc Co (TSE:7747) Headlines

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