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Kureha (TSE:4023) Gross Profit : 円51,338 Mil (TTM As of Mar. 2024)


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What is Kureha Gross Profit?

Kureha's gross profit for the three months ended in Mar. 2024 was 円10,619 Mil. Kureha's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円51,338 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kureha's gross profit for the three months ended in Mar. 2024 was 円10,619 Mil. Kureha's Revenue for the three months ended in Mar. 2024 was 円45,119 Mil. Therefore, Kureha's Gross Margin % for the quarter that ended in Mar. 2024 was 23.54%.

Kureha had a gross margin of 23.54% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Kureha was 30.22%. The lowest was 26.84%. And the median was 28.75%.


Kureha Gross Profit Historical Data

The historical data trend for Kureha'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.

Kureha Gross Profit Chart

Kureha 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 42,132.00 42,872.00 50,878.00 54,788.00 51,339.00

Kureha 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 8,572.00 12,672.00 12,904.00 15,143.00 10,619.00

Competitive Comparison of Kureha's Gross Profit

For the Specialty Chemicals subindustry, Kureha'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.


Kureha's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kureha's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kureha's Gross Profit falls into.



Kureha Gross Profit Calculation

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

Kureha'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
=177973 - 126634
=51,339

Kureha's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=45119 - 34500
=10,619

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円51,338 Mil.

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

Kureha's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=10,619 / 45119
=23.54 %

* 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.


Kureha  (TSE:4023) 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

Kureha had a gross margin of 23.54% for the quarter that ended in Mar. 2024 => Competition eroding margins


Kureha Gross Profit Related Terms

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Kureha (TSE:4023) Business Description

Traded in Other Exchanges
Address
3-3-2, Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-8552
Kureha Corp manufactures and sells chemicals and chemical-based products in four segments based on product type. The specialty plastics segment, which generates more revenue than any other segment, sells plastic wrap used by consumers to package food, as well as commercial food packaging and fishing line. The advanced materials segment sells plastics such as polyvinylidene fluoride used in electronic materials and for water treatment, as well as carbon used in lithium ion batteries and industrial insulation. The specialty chemicals segment sells pharmaceuticals, agricultural chemicals, and industrial chemicals. The construction and other operations segment provides construction, engineering, and logistics services.

Kureha (TSE:4023) Headlines

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