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Chongqing Iron & Steel Co (SHSE:601005) Gross-Profit-to-Asset % : -1.74% (As of Mar. 2024)


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What is Chongqing Iron & Steel 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. Chongqing Iron & Steel Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥-649 Mil. Chongqing Iron & Steel Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥37,296 Mil. Therefore, Chongqing Iron & Steel Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -1.74%.


Chongqing Iron & Steel Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Chongqing Iron & Steel 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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Chongqing Iron & Steel Co Gross-Profit-to-Asset % Chart

Chongqing Iron & Steel 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 6.52 5.47 9.40 -0.07 -1.78

Chongqing Iron & Steel 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 0.53 -1.92 0.18 -5.88 -1.74

Competitive Comparison of Chongqing Iron & Steel Co's Gross-Profit-to-Asset %

For the Steel subindustry, Chongqing Iron & Steel 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.


Chongqing Iron & Steel Co's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chongqing Iron & Steel Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Chongqing Iron & Steel Co's Gross-Profit-to-Asset % falls into.



Chongqing Iron & Steel Co Gross-Profit-to-Asset % Calculation

Chongqing Iron & Steel 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 )
=-684.271/( (39364.8+37357.035)/ 2 )
=-684.271/38360.9175
=-1.78 %

Chongqing Iron & Steel 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 )
=-648.796/( (37357.035+37233.968)/ 2 )
=-648.796/37295.5015
=-1.74 %

* 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.


Chongqing Iron & Steel Co Gross-Profit-to-Asset % Related Terms

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Chongqing Iron & Steel Co (SHSE:601005) Business Description

Traded in Other Exchanges
Address
No. 2 Jiangnan Avenue, Jiangnan Street, Changshou District, Chongqing, CHN, 401258
Chongqing Iron & Steel Co Ltd is engaged in the production, processing, and sale of steel plates, steel sections, wire rods, bar materials, billets, and thin plates, and in the production and sale of coking and coal chemical products, pig iron & grain slag, steel slag, and steel scrap. Its products are applied in various industries, such as machinery, architecture, engineering, automobile, motorbike, shipbuilding, offshore oil, gas cylinder, boiler as well as oil and gas pipelines. The group's revenue and profit are mainly comprised of steel manufacturing and domestic sales.
Executives
Yao Xiao Hu Director
Xia Tong Director
Yu Hong Director
Lv Feng senior management
Zhang Shuo Gong Director
Li Ren Sheng senior management
Li Yong Xiang Director
Meng Xiang Yun Director
Xiao Yu Xin Supervisors
Wang Bu Lin senior management
Zhang Li Quan Director
Ceng Jing senior management
Tu De Ling Director
Zhou Ya Ping Supervisors
Zhao Wei Supervisors

Chongqing Iron & Steel Co (SHSE:601005) Headlines

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