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Nissin Foods Holdings Co (TSE:2897) Gross-Profit-to-Asset % : 36.97% (As of Dec. 2023)


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What is Nissin Foods Holdings 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. Nissin Foods Holdings Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円292,116 Mil. Nissin Foods Holdings Co's average Total Assets over the quarter that ended in Dec. 2023 was 円790,081 Mil. Therefore, Nissin Foods Holdings Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 36.97%.


Nissin Foods Holdings Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Nissin Foods Holdings 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.

Nissin Foods Holdings Co Gross-Profit-to-Asset % Chart

Nissin Foods Holdings 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 29.50 29.31 28.88 31.77 34.01

Nissin Foods 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-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 29.92 32.07 34.88 36.97 30.46

Competitive Comparison of Nissin Foods Holdings Co's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, Nissin Foods Holdings 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.


Nissin Foods Holdings Co's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Holdings Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Nissin Foods Holdings Co's Gross-Profit-to-Asset % falls into.



Nissin Foods Holdings Co Gross-Profit-to-Asset % Calculation

Nissin Foods Holdings 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 )
=258630/( (708374+812382)/ 2 )
=258630/760378
=34.01 %

Nissin Foods Holdings Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=292116/( (789223+790938)/ 2 )
=292116/790080.5
=36.97 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Nissin Foods Holdings Co (TSE:2897) Business Description

Traded in Other Exchanges
Address
1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524
Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

Nissin Foods Holdings Co (TSE:2897) Headlines

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