GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shima Seiki Mfg Ltd (TSE:6222) » Definitions » Gross Profit

Shima Seiki Mfg (TSE:6222) Gross Profit : 円14,478 Mil (TTM As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Shima Seiki Mfg Gross Profit?

Shima Seiki Mfg's gross profit for the three months ended in Dec. 2023 was 円3,317 Mil. Shima Seiki Mfg's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円14,478 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shima Seiki Mfg's gross profit for the three months ended in Dec. 2023 was 円3,317 Mil. Shima Seiki Mfg's Revenue for the three months ended in Dec. 2023 was 円7,113 Mil. Therefore, Shima Seiki Mfg's Gross Margin % for the quarter that ended in Dec. 2023 was 46.63%.

Shima Seiki Mfg had a gross margin of 46.63% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Shima Seiki Mfg was 47.08%. The lowest was 24.34%. And the median was 43.80%.

Warning Sign:

Shima Seiki Mfg Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.9%.


Shima Seiki Mfg Gross Profit Historical Data

The historical data trend for Shima Seiki Mfg'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.

Shima Seiki Mfg Gross Profit Chart

Shima Seiki Mfg Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,155.00 11,629.00 5,961.00 10,201.00 13,859.00

Shima Seiki Mfg Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3,595.00 3,434.00 4,492.00 3,235.00 3,317.00

Competitive Comparison of Shima Seiki Mfg's Gross Profit

For the Specialty Industrial Machinery subindustry, Shima Seiki Mfg'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.


Shima Seiki Mfg's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shima Seiki Mfg's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shima Seiki Mfg's Gross Profit falls into.



Shima Seiki Mfg Gross Profit Calculation

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

Shima Seiki Mfg's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=37886 - 24027
=13,859

Shima Seiki Mfg's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=7113 - 3796
=3,317

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 円14,478 Mil.

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

Shima Seiki Mfg'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
=3,317 / 7113
=46.63 %

* 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.


Shima Seiki Mfg  (TSE:6222) 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

Shima Seiki Mfg had a gross margin of 46.63% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Shima Seiki Mfg Gross Profit Related Terms

Thank you for viewing the detailed overview of Shima Seiki Mfg's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Shima Seiki Mfg (TSE:6222) Business Description

Traded in Other Exchanges
N/A
Address
85 Sakata, Wakayama, JPN, 641-8511
Shima Seiki Mfg Ltd is a Japan-based company that is engaged in developing, manufacturing, selling, and servicing computerized flat knitting machines, design systems, automatic fabric-cutting machines, and glove- and sock-knitting machines. The company's products are applied in apparel, knitting, weaving, printing, circular knitting, interior furnishings, automotive, aerospace, and other industrial materials. Flat knitting machines account for the majority of the company's sales. Shima Seiki generates most of its sales from Asia and Europe.

Shima Seiki Mfg (TSE:6222) Headlines

No Headlines