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Jiangxi Hongcheng Environment Co (SHSE:600461) Gross-Profit-to-Asset % : 10.69% (As of Mar. 2024)


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What is Jiangxi Hongcheng Environment 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. Jiangxi Hongcheng Environment Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥2,497 Mil. Jiangxi Hongcheng Environment Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥23,354 Mil. Therefore, Jiangxi Hongcheng Environment Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.69%.


Jiangxi Hongcheng Environment Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Jiangxi Hongcheng Environment 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.

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Jiangxi Hongcheng Environment Co Gross-Profit-to-Asset % Chart

Jiangxi Hongcheng Environment Co 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 12.34 11.53 12.52 10.89 11.27

Jiangxi Hongcheng Environment Co 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 10.56 11.76 10.61 10.97 10.69

Competitive Comparison of Jiangxi Hongcheng Environment Co's Gross-Profit-to-Asset %

For the Utilities - Regulated Water subindustry, Jiangxi Hongcheng Environment 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.


Jiangxi Hongcheng Environment Co's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangxi Hongcheng Environment Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Jiangxi Hongcheng Environment Co's Gross-Profit-to-Asset % falls into.



Jiangxi Hongcheng Environment Co Gross-Profit-to-Asset % Calculation

Jiangxi Hongcheng Environment 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 )
=2473.222/( (20975.227+22906.129)/ 2 )
=2473.222/21940.678
=11.27 %

Jiangxi Hongcheng Environment Co'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 )
=2496.928/( (22906.129+23801.918)/ 2 )
=2496.928/23354.0235
=10.69 %

* 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.


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Jiangxi Hongcheng Environment Co (SHSE:600461) Business Description

Traded in Other Exchanges
N/A
Address
No. 98 Guanyin Road, Nanchang, Jiangxi, CHN, 330001
Jiangxi Hongcheng Waterworks Co Ltd is a China-based engaged in the production and operation of water and wastewater treatment. The company is mainly engaged in tap water production and supply, sewage treatment, gas energy and other businesses.

Jiangxi Hongcheng Environment Co (SHSE:600461) Headlines

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