21 Lady Co (NGO:3346) Gross Margin % : 30.18% (As of Dec. 2023)

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What is 21 Lady Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. 21 Lady Co's Gross Profit for the three months ended in Dec. 2023 was 円191 Mil. 21 Lady Co's Revenue for the three months ended in Dec. 2023 was 円631 Mil. Therefore, 21 Lady Co's Gross Margin % for the quarter that ended in Dec. 2023 was 30.18%.

Warning Sign:

21 Lady Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.9%.

The historical rank and industry rank for 21 Lady Co's Gross Margin % or its related term are showing as below:

NGO:3346' s Gross Margin % Range Over the Past 10 Years
Min: 37.64 Med: 50.72 Max: 51.77
Current: 37.64

During the past 13 years, the highest Gross Margin % of 21 Lady Co was 51.77%. The lowest was 37.64%. And the median was 50.72%.

NGO:3346's Gross Margin % is ranked better than
52.05% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.61 vs NGO:3346: 37.64

21 Lady Co had a gross margin of 30.18% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for 21 Lady Co was -4.90% per year.

21 Lady Co Gross Margin % Historical Data

The historical data trend for 21 Lady 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.

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21 Lady Co Gross Margin % Chart

21 Lady Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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50.50

49.48

47.16

39.74

41.75

21 Lady 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															40.59	42.35	35.77	42.84	30.18

Competitive Comparison of 21 Lady Co's Gross Margin %

For the Specialty Retail subindustry, 21 Lady 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.

21 Lady Co's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 21 Lady Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where 21 Lady Co's Gross Margin % falls into.

21 Lady Co Gross Margin % Calculation

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

21 Lady 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 )
	=	947.2	/	2268.594
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2268.594 - 1321.438)	/	2268.594
	=	41.75 %

21 Lady 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 )
	=	190.5	/	631.291
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(631.291 - 440.77)	/	631.291
	=	30.18 %

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.

21 Lady Co (NGO:3346) 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

21 Lady Co had a gross margin of 30.18% 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.

21 Lady Co Gross Margin % Related Terms

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21 Lady Co (NGO:3346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » 21 Lady Co Ltd (NGO:3346) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fifth Building, 5th Nibancho, Chiyoda-ku, Chiyoda-ku, Tokyo, JPN

Website

http://www.21lady.com

21 Lady Co Ltd is engaged in manufacturing and selling confectionery products for women and their families. It engages in the manufacture, wholesale, and retail of cream puffs and confectionary through its confectionary shops, supermarkets, and convenience stores; and operates Hirota sweets cafes. The company also plans, develops, and operates an interior shop under the Ilumsborgs brand that sells tableware and fabrics, furniture and lighting, miscellaneous goods, interior goods, and kitchen supplies.

21 Lady Co (NGO:3346) Headlines

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