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Sharp (TSE:6753) Gross Profit : 円347,888 Mil (TTM As of Mar. 2024)


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What is Sharp Gross Profit?

Sharp's gross profit for the three months ended in Mar. 2024 was 円80,855 Mil. Sharp's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円347,888 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sharp's gross profit for the three months ended in Mar. 2024 was 円80,855 Mil. Sharp's Revenue for the three months ended in Mar. 2024 was 円557,203 Mil. Therefore, Sharp's Gross Margin % for the quarter that ended in Mar. 2024 was 14.51%.

Sharp had a gross margin of 14.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Sharp was 18.72%. The lowest was 9.48%. And the median was 16.98%.

Warning Sign:

Sharp Corp gross margin has been in long-term decline. The average rate of decline per year is -5%.


Sharp Gross Profit Historical Data

The historical data trend for Sharp'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.

Sharp Gross Profit Chart

Sharp 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 405,277.00 421,316.00 431,723.00 330,831.00 347,888.00

Sharp 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 62,268.00 78,738.00 93,913.00 94,382.00 80,855.00

Competitive Comparison of Sharp's Gross Profit

For the Consumer Electronics subindustry, Sharp'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.


Sharp's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sharp's Gross Profit distribution charts can be found below:

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



Sharp Gross Profit Calculation

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

Sharp'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
=2321921 - 1974033
=347,888

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=557203 - 476348
=80,855

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347,888 Mil.

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

Sharp'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
=80,855 / 557203
=14.51 %

* 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.


Sharp  (TSE:6753) 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

Sharp had a gross margin of 14.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Sharp Gross Profit Related Terms

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Sharp (TSE:6753) Business Description

Traded in Other Exchanges
Address
1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, JPN, 590-8522
Sharp Corp is a Japan-based company that is principally engaged in producing and selling a broad range of consumer and industrial electronic products. The company's business segments consist of the consumer electronics segment, the energy solutions segment, the business solutions segment, the electronic components and devices segment, and the display devices segment. The company generates over half of its revenue from the consumer electronics segment and the display devices segment. It has a global business presence, with China, Japan, the Americas, and Europe its four largest markets.

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