Shizuoka Gas Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3%.
The historical rank and industry rank for Shizuoka Gas Co's Gross Margin % or its related term are showing as below:
TSE:9543'
s Gross Margin % Range Over the Past 10 Years
Min: 18.17 Med: 24.79 Max: 33.85
Current: 18.67
During the past 13 years, the highestGross Margin % of Shizuoka Gas Co was 33.85%. The lowest was 18.17%. And the median was 24.79%.
TSE:9543's Gross Margin % is ranked worse than 61.75% of 502
companies
in the Utilities - Regulated industry
Industry Median: 29.37
vs TSE:9543: 18.67
Shizuoka Gas Co had a gross margin of 18.03% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Shizuoka Gas Co was -3.00% per year.
Shizuoka Gas Co Gross Margin % Historical Data
The historical data trend for Shizuoka Gas 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.
Competitive Comparison of Shizuoka Gas Co's Gross Margin %
For the Utilities - Regulated Gas subindustry, Shizuoka Gas 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.
Shizuoka Gas Co's Gross Margin % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shizuoka Gas Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Shizuoka Gas Co's Gross Margin % falls into.
* 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.
Shizuoka Gas Co (TSE:9543) 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
Shizuoka Gas Co had a gross margin of 18.03% for the quarter that ended in Mar. 2024 => 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.
Shizuoka Gas Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of Shizuoka Gas Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Shizuoka Gas Co Ltd, or Shizgas, is a Japanese electric power and gas company. Shizgas is primarily involved in the distribution of city gas through its pipeline network to Japanese municipalities between Tokyo and Nagoya along the coastline of the Pacific Ocean near Mount Fuji. The company segments its operations into gas, LPG, and other energy services, and other businesses units. Shizuoka Gas derives the vast majority of its revenue from sales of natural gas. The company's customers are mainly split between wholesale and industrial consumers in terms of sales volume. Shizuoka Gas also generates revenue from the sale of liquefied natural gas that it imports from overseas, utility facility construction, and natural gas piping installations in Japan.
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