Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Nova Lifestyle's annualizedGross Profit for the quarter that ended in Mar. 2024 was $4.06 Mil.
Nova Lifestyle's average Total Assets over the quarter that ended in Mar. 2024 was $6.21 Mil. Therefore, Nova Lifestyle's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 65.45%.
Nova Lifestyle Gross-Profit-to-Asset % Historical Data
The historical data trend for Nova Lifestyle'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.
Competitive Comparison of Nova Lifestyle's Gross-Profit-to-Asset %
For the Furnishings, Fixtures & Appliances subindustry, Nova Lifestyle'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.
Nova Lifestyle's Gross-Profit-to-Asset % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nova Lifestyle's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Nova Lifestyle's Gross-Profit-to-Asset % falls into.
Nova Lifestyle Gross-Profit-to-Asset % Calculation
Nova Lifestyle's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Nova Lifestyle Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Nova Lifestyle's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nova Lifestyle (Nova Lifestyle) Business Description
Nova Lifestyle Inc is a designer and lifestyle furniture company. It distributes and retails contemporary styled residential and commercial furniture. The firms marketing and sales platform offers retail as well as online selection and purchase fulfillment internationally. The company also sells managed a variety of bedding foundation components. Its collection of lifestyle furniture brands includes Diamond Sofa. The firm's products are made in the United States and Asia. Its customers mainly comprise distributors and retailers having specific geographic coverages that deploy middle to high-end private label home furnishings. The Company operates in one business and industry segment: the design and sale of furniture.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NVFY has been successfully added to your 