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ASAHI Net (TSE:3834) Gross Margin % : 31.58% (As of Dec. 2023)


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What is ASAHI Net Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ASAHI Net's Gross Profit for the three months ended in Dec. 2023 was 円955 Mil. ASAHI Net's Revenue for the three months ended in Dec. 2023 was 円3,024 Mil. Therefore, ASAHI Net's Gross Margin % for the quarter that ended in Dec. 2023 was 31.58%.


The historical rank and industry rank for ASAHI Net's Gross Margin % or its related term are showing as below:

TSE:3834' s Gross Margin % Range Over the Past 10 Years
Min: 27.38   Med: 33.22   Max: 46.39
Current: 29.4


During the past 13 years, the highest Gross Margin % of ASAHI Net was 46.39%. The lowest was 27.38%. And the median was 33.22%.

TSE:3834's Gross Margin % is ranked worse than
75.99% of 354 companies
in the Telecommunication Services industry
Industry Median: 48.97 vs TSE:3834: 29.40

ASAHI Net had a gross margin of 31.58% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for ASAHI Net was 0.90% per year.


ASAHI Net Gross Margin % Historical Data

The historical data trend for ASAHI Net'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.

ASAHI Net Gross Margin % Chart

ASAHI Net 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 30.63 34.06 32.37 30.98 29.18

ASAHI Net 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 29.32 28.38 27.53 30.13 31.58

Competitive Comparison of ASAHI Net's Gross Margin %

For the Telecom Services subindustry, ASAHI Net'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.


ASAHI Net's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, ASAHI Net's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ASAHI Net's Gross Margin % falls into.



ASAHI Net Gross Margin % Calculation

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

ASAHI Net'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 )
=3551 / 12170
=(Revenue - Cost of Goods Sold) / Revenue
=(12170 - 8619) / 12170
=29.18 %

ASAHI Net'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 )
=955 / 3024
=(Revenue - Cost of Goods Sold) / Revenue
=(3024 - 2069) / 3024
=31.58 %

* 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 Net  (TSE:3834) 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

ASAHI Net had a gross margin of 31.58% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


ASAHI Net Gross Margin % Related Terms

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ASAHI Net (TSE:3834) Business Description

Traded in Other Exchanges
N/A
Address
Ginza 4-12-15 Chuo-ku, Kabukiza Tower 21 Floor, Tokyo, JPN, 104-0061
ASAHI Net Inc is a Japan-based internet service provider. The company mainly offers internet connection services using fiber-optic technology and mobile networks, live survey system respon, system maintenance, and manufacturer maintenance. The company also provides learning management system named manaba.

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