Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Gross-Profit-to-Asset % : 19.16% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Meihua International Medical Technologies Co 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. Meihua International Medical Technologies Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was $32.06 Mil. Meihua International Medical Technologies Co's average Total Assets over the quarter that ended in Dec. 2023 was $167.26 Mil. Therefore, Meihua International Medical Technologies Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 19.16%.

Meihua International Medical Technologies Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Meihua International Medical Technologies Co'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.

Meihua International Medical Technologies Co Gross-Profit-to-Asset % Chart

Meihua International Medical Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

44.00

41.46

32.77

25.36

19.79

Meihua International Medical Technologies Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial				33.68	27.66	20.93	21.06	19.16

Competitive Comparison of Meihua International Medical Technologies Co's Gross-Profit-to-Asset %

For the Medical Instruments & Supplies subindustry, Meihua International Medical Technologies Co'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.

Meihua International Medical Technologies Co's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Meihua International Medical Technologies Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Meihua International Medical Technologies Co's Gross-Profit-to-Asset % falls into.

Meihua International Medical Technologies Co Gross-Profit-to-Asset % Calculation

Meihua International Medical Technologies Co'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 )
	=	33.198	/	( (163.578	+	171.915)	/ 2 )
	=	33.198	/	167.7465
	=	19.79 %

Meihua International Medical Technologies Co'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: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	32.056	/	( (162.612	+	171.915)	/ 2 )
	=	32.056	/	167.2635
	=	19.16 %

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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Meihua International Medical Technologies Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Meihua International Medical Technologies Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihua International Medical Technologies Co Ltd (NAS:MHUA) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Tongda Road, Touqiao Town, Guangling District, Yangzhou, CHN, 225000

Website

http://www.meihuamed.com

Meihua International Medical Technologies Co Ltd is engaged in providing disposable medical devices. It serves hospitals, pharmacies, medical institutions, and medical equipment companies. Its product offerings include a Disposable Medical mask, Disposable ID Bracelet, Disposable Artificial Anal bag, Disposable Catheter, and Electonic pump among others.