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Chichibu Railway Co (TSE:9012) Gross Profit : 円1,343 Mil (TTM As of Dec. 2023)


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What is Chichibu Railway Co Gross Profit?

Chichibu Railway Co's gross profit for the three months ended in Dec. 2023 was 円432 Mil. Chichibu Railway Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,343 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chichibu Railway Co's gross profit for the three months ended in Dec. 2023 was 円432 Mil. Chichibu Railway Co's Revenue for the three months ended in Dec. 2023 was 円1,391 Mil. Therefore, Chichibu Railway Co's Gross Margin % for the quarter that ended in Dec. 2023 was 31.08%.

Chichibu Railway Co had a gross margin of 31.08% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Chichibu Railway Co was 29.62%. The lowest was 15.23%. And the median was 27.44%.

Warning Sign:

Chichibu Railway Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.7%.


Chichibu Railway Co Gross Profit Historical Data

The historical data trend for Chichibu Railway 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.

Chichibu Railway Co Gross Profit Chart

Chichibu Railway Co 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 1,421.17 1,613.86 598.92 981.42 987.42

Chichibu Railway Co 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 314.83 168.16 327.00 415.01 432.42

Competitive Comparison of Chichibu Railway Co's Gross Profit

For the Railroads subindustry, Chichibu Railway 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.


Chichibu Railway Co's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chichibu Railway Co's Gross Profit distribution charts can be found below:

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



Chichibu Railway Co Gross Profit Calculation

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

Chichibu Railway Co'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
=4688.28 - 3700.864
=987

Chichibu Railway Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1391.107 - 958.689
=432

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1,343 Mil.

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

Chichibu Railway Co'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
=432 / 1391.107
=31.08 %

* 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.


Chichibu Railway Co  (TSE:9012) 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

Chichibu Railway Co had a gross margin of 31.08% for the quarter that ended in Dec. 2023 => Competition eroding margins


Chichibu Railway Co Gross Profit Related Terms

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Chichibu Railway Co (TSE:9012) Business Description

Traded in Other Exchanges
N/A
Address
1, Atsukicho, Kumagaya-shi, Kumagaya, JPN, 360-00331
Chichibu Railway Co., Ltd. operates real estate business, tourism business, bus business, and other businesses, mainly in the railway business.

Chichibu Railway Co (TSE:9012) Headlines

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