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NEC (NIPNF) Gross-Profit-to-Asset % : 24.51% (As of Dec. 2023)


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What is NEC Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. NEC's annualized Gross Profit for the quarter that ended in Dec. 2023 was $6,861 Mil. NEC's average Total Assets over the quarter that ended in Dec. 2023 was $27,998 Mil. Therefore, NEC's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 24.51%.


NEC Gross-Profit-to-Asset % Historical Data

The historical data trend for NEC's Gross-Profit-to-Asset % 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.

NEC Gross-Profit-to-Asset % Chart

NEC Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.04 29.62 25.25 22.83 23.30

NEC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % 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 25.40 34.36 18.21 22.86 24.51

Competitive Comparison of NEC's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, NEC's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


NEC's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, NEC's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where NEC's Gross-Profit-to-Asset % falls into.



NEC Gross-Profit-to-Asset % Calculation

NEC's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=7169.065/( (31723.861+29806.388)/ 2 )
=7169.065/30765.1245
=23.30 %

NEC's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=6861.436/( (27583.706+28412.747)/ 2 )
=6861.436/27998.2265
=24.51 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


NEC Gross-Profit-to-Asset % Related Terms

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NEC (NIPNF) Business Description

Industry
Traded in Other Exchanges
Address
7-1, Shiba 5-chome, Minato-ku, Tokyo, JPN, 108-8001
NEC Corp is a leading Japanese technology firm. It manufactures PCs, computer platforms, semiconductors, and display panels; builds broadband and mobile communication networks; and provides systems-integration services. The firm's research and development has funded accomplishments such as breakthroughs in quantum computing and PDA speech-translation software.