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JASTEC Co (TSE:9717) Gross Profit : 円4,756 Mil (TTM As of Feb. 2024)


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What is JASTEC Co Gross Profit?

JASTEC Co's gross profit for the three months ended in Feb. 2024 was 円1,106 Mil. JASTEC Co's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was 円4,756 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. JASTEC Co's gross profit for the three months ended in Feb. 2024 was 円1,106 Mil. JASTEC Co's Revenue for the three months ended in Feb. 2024 was 円5,339 Mil. Therefore, JASTEC Co's Gross Margin % for the quarter that ended in Feb. 2024 was 20.72%.

JASTEC Co had a gross margin of 20.72% for the quarter that ended in Feb. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of JASTEC Co was 23.86%. The lowest was 20.51%. And the median was 22.10%.


JASTEC Co Gross Profit Historical Data

The historical data trend for JASTEC 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.

JASTEC Co Gross Profit Chart

JASTEC Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,749.67 3,693.89 3,728.27 4,545.32 4,741.17

JASTEC Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1,091.31 1,259.94 1,152.05 1,237.87 1,106.27

Competitive Comparison of JASTEC Co's Gross Profit

For the Software - Application subindustry, JASTEC 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.


JASTEC Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, JASTEC Co's Gross Profit distribution charts can be found below:

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



JASTEC Co Gross Profit Calculation

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

JASTEC Co's Gross Profit for the fiscal year that ended in Nov. 2023 is calculated as

Gross Profit (A: Nov. 2023 )=Revenue - Cost of Goods Sold
=20762.22 - 16021.054
=4,741

JASTEC Co's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=5339.166 - 4232.9
=1,106

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円4,756 Mil.

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

JASTEC Co's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,106 / 5339.166
=20.72 %

* 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.


JASTEC Co  (TSE:9717) 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

JASTEC Co had a gross margin of 20.72% for the quarter that ended in Feb. 2024 => Competition eroding margins


JASTEC Co Gross Profit Related Terms

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JASTEC Co (TSE:9717) Business Description

Traded in Other Exchanges
Address
3-5-23, Takanawa, Minato-ku, Tokyo, JPN, 108-0074
JASTEC Co Ltd is a Japanese based company engages in the development and sales of software technology. It provides system integration and software development services including planning, proposal, requirement definition, development and building, and operation.

JASTEC Co (TSE:9717) Headlines

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