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Hirose Electric Co (Hirose Electric Co) Gross-Profit-to-Asset % : 16.65% (As of Mar. 2024)


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What is Hirose Electric Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Hirose Electric Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was $453 Mil. Hirose Electric Co's average Total Assets over the quarter that ended in Mar. 2024 was $2,719 Mil. Therefore, Hirose Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.65%.


Hirose Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hirose Electric Co's Gross-Profit-to-Asset % 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.

Hirose Electric Co Gross-Profit-to-Asset % Chart

Hirose Electric Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.26 15.82 18.76 20.84 16.99

Hirose Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 18.38 18.03 17.41 18.82 16.65

Competitive Comparison of Hirose Electric Co's Gross-Profit-to-Asset %

For the Electronic Components subindustry, Hirose Electric Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Hirose Electric Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hirose Electric Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hirose Electric Co's Gross-Profit-to-Asset % falls into.



Hirose Electric Co Gross-Profit-to-Asset % Calculation

Hirose Electric Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=483.899/( (3002.724+2692.923)/ 2 )
=483.899/2847.8235
=16.99 %

Hirose Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=452.788/( (2745.964+2692.923)/ 2 )
=452.788/2719.4435
=16.65 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Hirose Electric Co Gross-Profit-to-Asset % Related Terms

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Hirose Electric Co (Hirose Electric Co) Business Description

Traded in Other Exchanges
Address
5-23. Osaki 5-chome, shinagawa-ku, Tokyo, JPN, 141-8587
Hirose Electric Co Ltd is a Japan-based company that manufactures and distributes electrical and electronic connectors for use in automotive, mobile communication, telecommunications, networking, and smart grid applications. Its product portfolio includes printed circuit boards, optical connectors, fiber optic cables, sealed connectors, microwave components, switches and sensors, modular jacks and plugs, integrated circuit cards and sockets, and coaxial cables. The firm generates revenue in Europe, Asia, and North America.

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