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Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Gross-Profit-to-Asset % : 13.68% (As of Mar. 2024)


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What is Zhejiang Tiantai Xianghe Industrial 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. Zhejiang Tiantai Xianghe Industrial Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥168.5 Mil. Zhejiang Tiantai Xianghe Industrial Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,232.3 Mil. Therefore, Zhejiang Tiantai Xianghe Industrial Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.68%.


Zhejiang Tiantai Xianghe Industrial Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Tiantai Xianghe Industrial 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.

Zhejiang Tiantai Xianghe Industrial Co Gross-Profit-to-Asset % Chart

Zhejiang Tiantai Xianghe Industrial 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 15.63 11.49 12.88 13.92 15.30

Zhejiang Tiantai Xianghe Industrial 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 13.17 15.37 17.86 15.88 13.68

Competitive Comparison of Zhejiang Tiantai Xianghe Industrial Co's Gross-Profit-to-Asset %

For the Railroads subindustry, Zhejiang Tiantai Xianghe Industrial 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.


Zhejiang Tiantai Xianghe Industrial Co's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhejiang Tiantai Xianghe Industrial Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Zhejiang Tiantai Xianghe Industrial Co's Gross-Profit-to-Asset % falls into.



Zhejiang Tiantai Xianghe Industrial Co Gross-Profit-to-Asset % Calculation

Zhejiang Tiantai Xianghe Industrial 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 )
=181.911/( (1154.634+1223.093)/ 2 )
=181.911/1188.8635
=15.30 %

Zhejiang Tiantai Xianghe Industrial 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 )
=168.52/( (1223.093+1241.43)/ 2 )
=168.52/1232.2615
=13.68 %

* 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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Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Business Description

Traded in Other Exchanges
N/A
Address
No. 799, Renmin East Road, Chicheng Street, Zhejiang Province, Tiantai County, Taizhou, CHN
Zhejiang Tiantai Xianghe Industrial Co Ltd is engaged in the research, development, commissioning, verification and industrialization of the national high-speed rail fastener project group. The company's main products include fastener products such as nylon parts, rubber parts, elastic pads and plastic parts; electronic products such as rubber stoppers and bases.
Executives
Tang Xiao Directors, senior managers
Tang Jiao Directors, senior managers
Tang You Qian Director
Tang Wen Ming Directors, senior managers
Zheng Yuan Fei senior management
Wang Hong Hai senior management
Qi Wei senior management

Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Headlines

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