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Chubu Electric Power Co (TSE:9502) Gross Profit : 円343,340 Mil (TTM As of Dec. 2023)


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What is Chubu Electric Power Co Gross Profit?

Chubu Electric Power Co's gross profit for the three months ended in Dec. 2023 was 円43,952 Mil. Chubu Electric Power Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円343,340 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chubu Electric Power Co's gross profit for the three months ended in Dec. 2023 was 円43,952 Mil. Chubu Electric Power Co's Revenue for the three months ended in Dec. 2023 was 円855,598 Mil. Therefore, Chubu Electric Power Co's Gross Margin % for the quarter that ended in Dec. 2023 was 5.14%.

Chubu Electric Power Co had a gross margin of 5.14% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Chubu Electric Power Co was 9.99%. The lowest was -1.99%. And the median was 4.53%.


Chubu Electric Power Co Gross Profit Historical Data

The historical data trend for Chubu Electric Power 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.

Chubu Electric Power Co Gross Profit Chart

Chubu Electric Power 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 130,832.00 145,695.00 -53,831.00 107,090.00 343,340.00

Chubu Electric Power 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 58,821.00 157,186.00 88,472.00 43,952.00 53,730.00

Competitive Comparison of Chubu Electric Power Co's Gross Profit

For the Utilities - Diversified subindustry, Chubu Electric Power 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.


Chubu Electric Power Co's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chubu Electric Power Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Chubu Electric Power Co's Gross Profit falls into.



Chubu Electric Power Co Gross Profit Calculation

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

Chubu Electric Power 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
=3610414 - 3267074
=343,340

Chubu Electric Power 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
=855598 - 811646
=43,952

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343,340 Mil.

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

Chubu Electric Power 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
=43,952 / 855598
=5.14 %

* 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.


Chubu Electric Power Co  (TSE:9502) 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

Chubu Electric Power Co had a gross margin of 5.14% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Chubu Electric Power Co Gross Profit Related Terms

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Chubu Electric Power Co (TSE:9502) Business Description

Traded in Other Exchanges
Address
1, Higashi-shincho, Higashi-ku, Aichi, Nagoya, JPN, 461-8680
Chubu Electric Power Co Inc is a Japanese electric utilities firm that operates in the Chubu region in central Japan. This region is one of Japan's largest manufacturing areas and home to a variety of Japanese industries. Primarily, the company generates, distributes, and sells electricity, natural gas, and on-site energy products and services. Secondarily, the firm provides overseas consulting, investment, and IT services. The company's chief segments include Electric Power, which supplies electric power to residential, commercial, and industrial customers, and Energy, which sells natural gas and operates cogeneration facilities.

Chubu Electric Power Co (TSE:9502) Headlines

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