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Moriroku Holdings Co (TSE:4249) Gross Margin % : 18.15% (As of Dec. 2023)


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What is Moriroku Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Moriroku Holdings Co's Gross Profit for the three months ended in Dec. 2023 was 円7,098 Mil. Moriroku Holdings Co's Revenue for the three months ended in Dec. 2023 was 円39,116 Mil. Therefore, Moriroku Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 18.15%.


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

TSE:4249' s Gross Margin % Range Over the Past 10 Years
Min: 12.07   Med: 13.05   Max: 16.72
Current: 16.72


During the past 9 years, the highest Gross Margin % of Moriroku Holdings Co was 16.72%. The lowest was 12.07%. And the median was 13.05%.

TSE:4249's Gross Margin % is ranked worse than
66.75% of 1510 companies
in the Chemicals industry
Industry Median: 22.355 vs TSE:4249: 16.72

Moriroku Holdings Co had a gross margin of 18.15% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Moriroku Holdings Co was 4.80% per year.


Moriroku Holdings Co Gross Margin % Historical Data

The historical data trend for Moriroku 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.

Moriroku Holdings Co Gross Margin % Chart

Moriroku Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 12.42 12.46 14.98 13.38 16.72

Moriroku Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.08 14.22 15.50 18.15 18.42

Competitive Comparison of Moriroku Holdings Co's Gross Margin %

For the Chemicals subindustry, Moriroku 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.


Moriroku Holdings Co's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Moriroku Holdings Co's Gross Margin % distribution charts can be found below:

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



Moriroku Holdings Co Gross Margin % Calculation

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

Moriroku Holdings Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=24348 / 145638
=(Revenue - Cost of Goods Sold) / Revenue
=(145638 - 121290) / 145638
=16.72 %

Moriroku 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 )
=7098 / 39116
=(Revenue - Cost of Goods Sold) / Revenue
=(39116 - 32018) / 39116
=18.15 %

* 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.


Moriroku Holdings Co  (TSE:4249) 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

Moriroku Holdings Co had a gross margin of 18.15% 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.


Moriroku Holdings Co Gross Margin % Related Terms

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Moriroku Holdings Co (TSE:4249) Business Description

Traded in Other Exchanges
N/A
Address
18th Floor, Higashi-kan, Shin-Aoyama Building 1-1-1, Minami-Aoyama, Minato-ku, Tokyo, JPN, 107-0062
Moriroku Holdings Co Ltd engages in selling and exporting/importing chemical goods. It also manufactures and sells synthetic resin products; and resin parts for car use. The company has operations in Japan.

Moriroku Holdings Co (TSE:4249) Headlines

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