GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shanxi Guoxin Energy Corporation Ltd (SHSE:600617) » Definitions » Gross-Profit-to-Asset %

Shanxi Guoxin Energy (SHSE:600617) Gross-Profit-to-Asset % : 6.30% (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Shanxi Guoxin Energy 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. Shanxi Guoxin Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,827 Mil. Shanxi Guoxin Energy's average Total Assets over the quarter that ended in Mar. 2024 was ¥29,022 Mil. Therefore, Shanxi Guoxin Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.30%.


Shanxi Guoxin Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Shanxi Guoxin Energy'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.

Shanxi Guoxin Energy Gross-Profit-to-Asset % Chart

Shanxi Guoxin Energy 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 6.89 5.93 4.34 5.46 5.45

Shanxi Guoxin Energy 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 6.24 3.57 3.97 8.05 6.30

Competitive Comparison of Shanxi Guoxin Energy's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, Shanxi Guoxin Energy'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.


Shanxi Guoxin Energy's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shanxi Guoxin Energy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shanxi Guoxin Energy's Gross-Profit-to-Asset % falls into.



Shanxi Guoxin Energy Gross-Profit-to-Asset % Calculation

Shanxi Guoxin Energy'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 )
=1641.54/( (31305.755+28942.173)/ 2 )
=1641.54/30123.964
=5.45 %

Shanxi Guoxin Energy'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 )
=1827.192/( (28942.173+29101.101)/ 2 )
=1827.192/29021.637
=6.30 %

* 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.


Shanxi Guoxin Energy Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Shanxi Guoxin Energy's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanxi Guoxin Energy (SHSE:600617) Business Description

Traded in Other Exchanges
Address
No. 6 Zhongxin Street, High-tech Development Zone, Shanxi Province, Taiyuan, CHN, 030032
Shanxi Guoxin Energy Corporation Ltd is engaged in the planning, construction, operation and management of natural gas pipeline networks.
Executives
Lan Xu Director

Shanxi Guoxin Energy (SHSE:600617) Headlines

No Headlines