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Jio Financial Services (BOM:543940) Gross-Profit-to-Asset % : 0.92% (As of Dec. 2023)


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What is Jio Financial Services 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. Jio Financial Services's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹11,059 Mil. Jio Financial Services's average Total Assets over the quarter that ended in Dec. 2023 was ₹1,195,976 Mil. Therefore, Jio Financial Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.92%.


Jio Financial Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Jio Financial Services'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.

Jio Financial Services Gross-Profit-to-Asset % Chart

Jio Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only -11.91 -1.63 0.73 7.20 0.04

Jio Financial Services Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only - - - 1.41 0.92

Competitive Comparison of Jio Financial Services's Gross-Profit-to-Asset %

For the Asset Management subindustry, Jio Financial Services'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.


Jio Financial Services's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jio Financial Services's Gross-Profit-to-Asset % distribution charts can be found below:

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



Jio Financial Services Gross-Profit-to-Asset % Calculation

Jio Financial Services'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 )
=211.9/( (222.812+1149295.6)/ 2 )
=211.9/574759.206
=0.04 %

Jio Financial Services'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 )
=11059.2/( (1195975.9+0)/ 1 )
=11059.2/1195975.9
=0.92 %

* 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.


Jio Financial Services Gross-Profit-to-Asset % Related Terms

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Jio Financial Services (BOM:543940) Business Description

Traded in Other Exchanges
Address
222 Nariman Point, 9th Floor, Maker Chambers 4, Mumbai, MH, IND, 400021
Jio Financial Services Ltd operates as an investment company. The Company is a registered Non-Banking Financial Company - Systemically Important Non-Deposit taking Company. The company is engaged in the business of finance, trading in futures and options, trading/investments in shares and securities in India.

Jio Financial Services (BOM:543940) Headlines

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