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Artience Co (TSE:4634) Gross Profit : 円67,570 Mil (TTM As of Mar. 2024)


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What is Artience Co Gross Profit?

Artience Co's gross profit for the three months ended in Mar. 2024 was 円17,570 Mil. Artience Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円67,570 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Artience Co's gross profit for the three months ended in Mar. 2024 was 円17,570 Mil. Artience Co's Revenue for the three months ended in Mar. 2024 was 円81,727 Mil. Therefore, Artience Co's Gross Margin % for the quarter that ended in Mar. 2024 was 21.50%.

Artience Co had a gross margin of 21.50% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Artience Co was 24.36%. The lowest was 17.16%. And the median was 21.88%.

Warning Sign:

Artience Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


Artience Co Gross Profit Historical Data

The historical data trend for Artience 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.

Artience Co Gross Profit Chart

Artience Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60,333.00 57,196.00 58,704.00 54,202.00 63,849.00

Artience 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 13,849.00 15,061.00 17,328.00 17,611.00 17,570.00

Competitive Comparison of Artience Co's Gross Profit

For the Specialty Chemicals subindustry, Artience 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.


Artience Co's Gross Profit Distribution in the Chemicals Industry

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

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



Artience Co Gross Profit Calculation

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

Artience Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=322122 - 258273
=63,849

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=81727 - 64157
=17,570

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67,570 Mil.

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

Artience Co'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
=17,570 / 81727
=21.50 %

* 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.


Artience Co  (TSE:4634) 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

Artience Co had a gross margin of 21.50% for the quarter that ended in Mar. 2024 => Competition eroding margins


Artience Co Gross Profit Related Terms

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Artience Co (TSE:4634) Business Description

Traded in Other Exchanges
Address
3-13 Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-8377
Artience Co Ltd is a holding company whose subsidiaries manufacture and sell a variety of chemicals and inks. The firm organizes itself into various segments based on product type. The printing and information segment, which generates the Most revenue, sells printing inks used for ink-jet printers, newspapers, magazines, and other printed materials. The colorants and functional materials segment sells pigments, plastic colorants, and liquid crystal display color filter materials. The polymers and coatings segments sells coatings, adhesives, plastic resins, and can coatings. The packaging materials segment sells packaging inks used for food and consumer goods packaging. Most of Toyo Ink's revenue comes from Japan.

Artience Co (TSE:4634) Headlines

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