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Iida Group Holdings Co (TSE:3291) Gross Margin % : 13.66% (As of Dec. 2023)


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What is Iida Group Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Iida Group Holdings Co's Gross Profit for the three months ended in Dec. 2023 was 円47,280 Mil. Iida Group Holdings Co's Revenue for the three months ended in Dec. 2023 was 円346,104 Mil. Therefore, Iida Group Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 13.66%.


The historical rank and industry rank for Iida Group Holdings Co's Gross Margin % or its related term are showing as below:

TSE:3291' s Gross Margin % Range Over the Past 10 Years
Min: 13.19   Med: 16.4   Max: 21.34
Current: 14.84


During the past 10 years, the highest Gross Margin % of Iida Group Holdings Co was 21.34%. The lowest was 13.19%. And the median was 16.40%.

TSE:3291's Gross Margin % is ranked worse than
77.67% of 103 companies
in the Homebuilding & Construction industry
Industry Median: 21.72 vs TSE:3291: 14.84

Iida Group Holdings Co had a gross margin of 13.66% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Iida Group Holdings Co was 4.10% per year.


Iida Group Holdings Co Gross Margin % Historical Data

The historical data trend for Iida Group Holdings Co's Gross Margin % 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.

Iida Group Holdings Co Gross Margin % Chart

Iida Group Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.83 15.18 17.02 21.34 17.45

Iida Group Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 17.02 14.16 16.68 15.14 13.66

Competitive Comparison of Iida Group Holdings Co's Gross Margin %

For the Residential Construction subindustry, Iida Group Holdings Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Iida Group Holdings Co's Gross Margin % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Iida Group Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Iida Group Holdings Co's Gross Margin % falls into.



Iida Group Holdings Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Iida Group Holdings Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=251173 / 1439765
=(Revenue - Cost of Goods Sold) / Revenue
=(1439765 - 1188592) / 1439765
=17.45 %

Iida Group Holdings 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 )
=47280 / 346104
=(Revenue - Cost of Goods Sold) / Revenue
=(346104 - 298824) / 346104
=13.66 %

* 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.


Iida Group Holdings Co  (TSE:3291) Gross Margin % 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

Iida Group Holdings Co had a gross margin of 13.66% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Iida Group Holdings Co Gross Margin % Related Terms

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Iida Group Holdings Co (TSE:3291) Business Description

Traded in Other Exchanges
Address
1-4-1, Nishihara-cho Nishitokyo, Tokyo, JPN
Iida Group Holdings Co Ltd is engaged in the operation of real estate business. It is involved in the development of real estate properties and the sale of various real estate properties. The company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others.

Iida Group Holdings Co (TSE:3291) Headlines

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