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Thaire Life Assurance PCL (BKK:THREL) Gross-Profit-to-Asset % : 131.74% (As of Mar. 2024)


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What is Thaire Life Assurance PCL 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. Thaire Life Assurance PCL's annualized Gross Profit for the quarter that ended in Mar. 2024 was ฿3,582 Mil. Thaire Life Assurance PCL's average Total Assets over the quarter that ended in Mar. 2024 was ฿2,719 Mil. Therefore, Thaire Life Assurance PCL's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 131.74%.


Thaire Life Assurance PCL Gross-Profit-to-Asset % Historical Data

The historical data trend for Thaire Life Assurance PCL'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.

Thaire Life Assurance PCL Gross-Profit-to-Asset % Chart

Thaire Life Assurance PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.90 90.95 101.68 105.23 120.44

Thaire Life Assurance PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 104.19 119.85 129.91 136.83 131.74

Competitive Comparison of Thaire Life Assurance PCL's Gross-Profit-to-Asset %

For the Insurance - Reinsurance subindustry, Thaire Life Assurance PCL'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.


Thaire Life Assurance PCL's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Thaire Life Assurance PCL's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Thaire Life Assurance PCL's Gross-Profit-to-Asset % falls into.



Thaire Life Assurance PCL Gross-Profit-to-Asset % Calculation

Thaire Life Assurance PCL's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=3379.977/( (2875.416+2737.159)/ 2 )
=3379.977/2806.2875
=120.44 %

Thaire Life Assurance PCL's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3582.116/( (2737.159+2700.839)/ 2 )
=3582.116/2718.999
=131.74 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Thaire Life Assurance PCL Gross-Profit-to-Asset % Related Terms

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Thaire Life Assurance PCL (BKK:THREL) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, No. 48/15 Soi Ratchadapisek 20, Samsennok Sub-district, Huaykwang District, Bangkok, THA, 10310
Thaire Life Assurance PCL is a local reinsurer in Thailand. The company is engaged in the provision of life reinsurance such as ordinary life, group life, credit life and personal accident and health. It operates through the Conventional and Non-Conventional product segments. The conventional product line includes products that are already available in the market. The non-conventional products refer to new types of products, which are introduced by the group in cooperation with other life insurance companies. Geographically the activities are functioned through Thailand.

Thaire Life Assurance PCL (BKK:THREL) Headlines

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