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Mitsui Chemicals (TSE:4183) Gross Profit : 円370,797 Mil (TTM As of Mar. 2024)


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What is Mitsui Chemicals Gross Profit?

Mitsui Chemicals's gross profit for the three months ended in Mar. 2024 was 円100,941 Mil. Mitsui Chemicals's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円370,797 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mitsui Chemicals's gross profit for the three months ended in Mar. 2024 was 円100,941 Mil. Mitsui Chemicals's Revenue for the three months ended in Mar. 2024 was 円475,213 Mil. Therefore, Mitsui Chemicals's Gross Margin % for the quarter that ended in Mar. 2024 was 21.24%.

Mitsui Chemicals had a gross margin of 21.24% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Mitsui Chemicals was 24.25%. The lowest was 15.58%. And the median was 21.72%.


Mitsui Chemicals Gross Profit Historical Data

The historical data trend for Mitsui Chemicals'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.

Mitsui Chemicals Gross Profit Chart

Mitsui Chemicals 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 298,383.00 293,842.00 378,740.00 381,493.00 370,797.00

Mitsui Chemicals 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 77,648.00 87,241.00 90,706.00 91,909.00 100,941.00

Competitive Comparison of Mitsui Chemicals's Gross Profit

For the Specialty Chemicals subindustry, Mitsui Chemicals'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.


Mitsui Chemicals's Gross Profit Distribution in the Chemicals Industry

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

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



Mitsui Chemicals Gross Profit Calculation

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

Mitsui Chemicals'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
=1749743 - 1378946
=370,797

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=475213 - 374272
=100,941

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370,797 Mil.

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

Mitsui Chemicals'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
=100,941 / 475213
=21.24 %

* 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.


Mitsui Chemicals  (TSE:4183) 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

Mitsui Chemicals had a gross margin of 21.24% for the quarter that ended in Mar. 2024 => Competition eroding margins


Mitsui Chemicals Gross Profit Related Terms

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Mitsui Chemicals (TSE:4183) Business Description

Traded in Other Exchanges
Address
1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, JPN, 105-7122
Mitsui Chemicals Inc manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm organizes itself into five segments based on the product type. The basic materials segment, which generates more revenue than any other segment, sells petrochemicals, industrial chemicals, phenols, and polyesters. The mobility segment sells elastomers, performance compounds, and performance polymers to the automotive industry. The other three segments are healthcare, food and packaging, and others. The majority of revenue comes from Asia.

Mitsui Chemicals (TSE:4183) Headlines

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