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Sumitomo Osaka Cement Co (Sumitomo Osaka Cement Co) Gross Profit : $316 Mil (TTM As of Dec. 2023)


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What is Sumitomo Osaka Cement Co Gross Profit?

Sumitomo Osaka Cement Co's gross profit for the three months ended in Dec. 2023 was $87 Mil. Sumitomo Osaka Cement Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $316 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sumitomo Osaka Cement Co's gross profit for the three months ended in Dec. 2023 was $87 Mil. Sumitomo Osaka Cement Co's Revenue for the three months ended in Dec. 2023 was $401 Mil. Therefore, Sumitomo Osaka Cement Co's Gross Margin % for the quarter that ended in Dec. 2023 was 21.81%.

Sumitomo Osaka Cement Co had a gross margin of 21.81% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sumitomo Osaka Cement Co was 25.07%. The lowest was 14.10%. And the median was 21.83%.

Warning Sign:

Sumitomo Osaka Cement Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


Sumitomo Osaka Cement Co Gross Profit Historical Data

The historical data trend for Sumitomo Osaka Cement Co's Gross Profit 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.

Sumitomo Osaka Cement Co Gross Profit Chart

Sumitomo Osaka Cement Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 479.88 469.60 355.01 215.94 307.95

Sumitomo Osaka Cement 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 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 59.58 68.49 76.34 87.37 84.02

Competitive Comparison of Sumitomo Osaka Cement Co's Gross Profit

For the Building Materials subindustry, Sumitomo Osaka Cement Co's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Sumitomo Osaka Cement Co's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sumitomo Osaka Cement Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sumitomo Osaka Cement Co's Gross Profit falls into.



Sumitomo Osaka Cement Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Sumitomo Osaka Cement Co's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=1485.143 - 1177.191
=308

Sumitomo Osaka Cement Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=400.697 - 313.325
=87

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $316 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Sumitomo Osaka Cement 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=87 / 400.697
=21.81 %

* 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.


Sumitomo Osaka Cement Co  (OTCPK:SUCEF) Gross Profit 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

Sumitomo Osaka Cement Co had a gross margin of 21.81% for the quarter that ended in Dec. 2023 => Competition eroding margins


Sumitomo Osaka Cement Co Gross Profit Related Terms

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Sumitomo Osaka Cement Co (Sumitomo Osaka Cement Co) Business Description

Traded in Other Exchanges
Address
6-28, Rokubancho, Chiyoda-ku, Tokyo, JPN, 102-8465
Sumitomo Osaka Cement Co Ltd is a producer of cement and cement-related products. The largest operating segment by revenue offers assorted cements, ready-mix concrete, cement-related solidification materials, supply of electrical power, and recycling of raw materials and fuel. Sumitomo Osaka Cement also supplies repairing and reinforcing products for concrete structures, mineral resources, optoelectronics, and advanced materials. Sumitomo's operation is focused on Japan, with nearly all its revenue generated in the Japan area.

Sumitomo Osaka Cement Co (Sumitomo Osaka Cement Co) Headlines

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