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Heiwa Real Estate Co (TSE:8803) Gross Profit : 円18,569 Mil (TTM As of Dec. 2023)


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What is Heiwa Real Estate Co Gross Profit?

Heiwa Real Estate Co's gross profit for the three months ended in Dec. 2023 was 円2,923 Mil. Heiwa Real Estate Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円18,569 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Heiwa Real Estate Co's gross profit for the three months ended in Dec. 2023 was 円2,923 Mil. Heiwa Real Estate Co's Revenue for the three months ended in Dec. 2023 was 円7,524 Mil. Therefore, Heiwa Real Estate Co's Gross Margin % for the quarter that ended in Dec. 2023 was 38.85%.

Heiwa Real Estate Co had a gross margin of 38.85% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Heiwa Real Estate Co was 43.83%. The lowest was 30.60%. And the median was 35.45%.


Heiwa Real Estate Co Gross Profit Historical Data

The historical data trend for Heiwa Real Estate 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.

Heiwa Real Estate Co Gross Profit Chart

Heiwa Real Estate Co 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 15,091.00 15,361.00 17,691.00 16,279.00 18,569.00

Heiwa Real Estate 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 5,656.00 7,759.00 4,042.00 2,923.00 3,845.00

Competitive Comparison of Heiwa Real Estate Co's Gross Profit

For the Real Estate - Diversified subindustry, Heiwa Real Estate 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.


Heiwa Real Estate Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Heiwa Real Estate Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Heiwa Real Estate Co's Gross Profit falls into.



Heiwa Real Estate Co Gross Profit Calculation

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

Heiwa Real Estate Co'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
=44433 - 25864
=18,569

Heiwa Real Estate Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=7524 - 4601
=2,923

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18,569 Mil.

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

Heiwa Real Estate Co'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
=2,923 / 7524
=38.85 %

* 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.


Heiwa Real Estate Co  (TSE:8803) 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

Heiwa Real Estate Co had a gross margin of 38.85% for the quarter that ended in Dec. 2023 => Competition eroding margins


Heiwa Real Estate Co Gross Profit Related Terms

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Heiwa Real Estate Co (TSE:8803) Business Description

Traded in Other Exchanges
Address
1-10, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo, JPN, 103-8222
Heiwa Real Estate Co Ltd is primarily engaged in the leasing and development of real estate properties. The company's operates three reporting segments. The leasing business consists of ownership, leasing, management, and operation of stock exchanges, offices, commercial facilities, housing, conference venues, restaurants, and others. The real estate solutions segment consists of the development, operation and management of income property; the development and sale of houses; and the brokerage of real estate. The other businesses segment manages and renovates buildings and also operates an insurance agency and a private nursing-home business.

Heiwa Real Estate Co (TSE:8803) Headlines

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