GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » China Aerospace Times Electronic Co Ltd (SHSE:600879) » Definitions » Gross-Profit-to-Asset %

China Aerospace Times Electronic Co (SHSE:600879) Gross-Profit-to-Asset % : 6.25% (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is China Aerospace Times Electronic 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. China Aerospace Times Electronic Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥2,922 Mil. China Aerospace Times Electronic Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥46,736 Mil. Therefore, China Aerospace Times Electronic Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.25%.


China Aerospace Times Electronic Co Gross-Profit-to-Asset % Historical Data

The historical data trend for China Aerospace Times Electronic 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.

China Aerospace Times Electronic Co Gross-Profit-to-Asset % Chart

China Aerospace Times Electronic 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 9.56 8.75 9.85 8.81 8.39

China Aerospace Times Electronic 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 7.32 7.63 7.25 10.77 6.25

Competitive Comparison of China Aerospace Times Electronic Co's Gross-Profit-to-Asset %

For the Aerospace & Defense subindustry, China Aerospace Times Electronic 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.


China Aerospace Times Electronic Co's Gross-Profit-to-Asset % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Aerospace Times Electronic Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where China Aerospace Times Electronic Co's Gross-Profit-to-Asset % falls into.



China Aerospace Times Electronic Co Gross-Profit-to-Asset % Calculation

China Aerospace Times Electronic 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 )
=3804.768/( (44263.684+46436.381)/ 2 )
=3804.768/45350.0325
=8.39 %

China Aerospace Times Electronic 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 )
=2922.052/( (46436.381+47035.111)/ 2 )
=2922.052/46735.746
=6.25 %

* 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.


China Aerospace Times Electronic Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of China Aerospace Times Electronic Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Aerospace Times Electronic Co (SHSE:600879) Business Description

Traded in Other Exchanges
N/A
Address
Plant 22MB, High-Tech Park, Economic Technology Development District, Wuhan, CHN, 430056
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.
Executives
Gai Hong Bin senior management
He Ping senior management
Wang Zhan Chen Director
Wang Zong Yin Director
Zhang Xian Cai senior management
Wu Yuan Qiang Director
Pei Ai Jun Supervisors

China Aerospace Times Electronic Co (SHSE:600879) Headlines

No Headlines