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Xinhuanet Co (SHSE:603888) Gross-Profit-to-Asset % : 9.34% (As of Mar. 2024)


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What is Xinhuanet 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. Xinhuanet Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥472 Mil. Xinhuanet Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥5,054 Mil. Therefore, Xinhuanet Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.34%.


Xinhuanet Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Xinhuanet 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.

Xinhuanet Co Gross-Profit-to-Asset % Chart

Xinhuanet 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 15.33 12.80 11.32 12.02 13.79

Xinhuanet 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 7.92 12.20 10.08 27.16 9.34

Competitive Comparison of Xinhuanet Co's Gross-Profit-to-Asset %

For the Internet Content & Information subindustry, Xinhuanet 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.


Xinhuanet Co's Gross-Profit-to-Asset % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Xinhuanet Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Xinhuanet Co Gross-Profit-to-Asset % Calculation

Xinhuanet 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 )
=714.809/( (5181.095+5189.709)/ 2 )
=714.809/5185.402
=13.79 %

Xinhuanet 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 )
=471.948/( (5189.709+4918.6)/ 2 )
=471.948/5054.1545
=9.34 %

* 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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Xinhuanet Co (SHSE:603888) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Beixing Road (East Section), 101, 1-5, Building 12, Daxing District, Beijing, CHN, 100162
Xinhuanet Co Ltd operates in the internet content and information industry. It owns and manages a news information service portals in China. Its business activities are divided into the following: online advertising, information services, website construction, technical services and mobile internet. Its online advertising business provides full-screen shrink, rear projection, streaming media and other forms of advertising. Its information services include multimedia information services and big data intelligent analysis services. The website construction and technical service business engage in website construction, content management and operation. The mobile internet business provides mobile internet content information services through text, images, voice, video and other forms.

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