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Sunrise Manufacture Group Co (SHSE:605138) Gross-Profit-to-Asset % : 7.76% (As of Mar. 2024)


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What is Sunrise Manufacture Group 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. Sunrise Manufacture Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥565 Mil. Sunrise Manufacture Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥7,275 Mil. Therefore, Sunrise Manufacture Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.76%.


Sunrise Manufacture Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Sunrise Manufacture Group 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.

Sunrise Manufacture Group Co Gross-Profit-to-Asset % Chart

Sunrise Manufacture Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 23.16 19.36 15.09 16.49 10.28

Sunrise Manufacture Group Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 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 11.23 10.18 7.03 10.86 7.76

Competitive Comparison of Sunrise Manufacture Group Co's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Sunrise Manufacture Group 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.


Sunrise Manufacture Group Co's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sunrise Manufacture Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Sunrise Manufacture Group Co Gross-Profit-to-Asset % Calculation

Sunrise Manufacture Group 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 )
=755.565/( (7341.824+7361.384)/ 2 )
=755.565/7351.604
=10.28 %

Sunrise Manufacture Group 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 )
=564.848/( (7361.384+7188.322)/ 2 )
=564.848/7274.853
=7.76 %

* 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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Sunrise Manufacture Group Co (SHSE:605138) Business Description

Traded in Other Exchanges
N/A
Address
Shengzhou Economic Development Zone, Chengdong District, Zhejiang Province, Shengzhou, CHN, 312400
Sunrise Manufacture Group Co Ltd, formerly Zhejiang Sunrise Garment Group Co Ltd is engaged in the production and sales of textile fabrics and garments.

Sunrise Manufacture Group Co (SHSE:605138) Headlines

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