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Xinjiang Daqo New Energy Co (SHSE:688303) Gross-Profit-to-Asset % : 3.95% (As of Mar. 2024)


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What is Xinjiang Daqo New Energy 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. Xinjiang Daqo New Energy Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,993 Mil. Xinjiang Daqo New Energy Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥50,504 Mil. Therefore, Xinjiang Daqo New Energy Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.95%.


Xinjiang Daqo New Energy Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Xinjiang Daqo New Energy 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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Xinjiang Daqo New Energy Co Gross-Profit-to-Asset % Chart

Xinjiang Daqo New Energy Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 7.22 17.32 45.19 61.95 12.80

Xinjiang Daqo New Energy Co Quarterly Data
Dec17 Dec18 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 26.08 14.40 4.29 5.39 3.95

Competitive Comparison of Xinjiang Daqo New Energy Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Xinjiang Daqo New Energy 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.


Xinjiang Daqo New Energy Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xinjiang Daqo New Energy Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Xinjiang Daqo New Energy Co's Gross-Profit-to-Asset % falls into.



Xinjiang Daqo New Energy Co Gross-Profit-to-Asset % Calculation

Xinjiang Daqo New Energy 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 )
=6588.088/( (52264.886+50695.055)/ 2 )
=6588.088/51479.9705
=12.80 %

Xinjiang Daqo New Energy 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 )
=1993.448/( (50695.055+50312.054)/ 2 )
=1993.448/50503.5545
=3.95 %

* 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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Xinjiang Daqo New Energy Co (SHSE:688303) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Weiliu Road, New Chemical Material Industrial Park, Shihezi Economic Development Zone, Uygur Autonomous Region, Xinjiang, CHN, 832000
Xinjiang Daqo New Energy Co Ltd research and development, manufacturing, and sales of high-purity polysilicon.

Xinjiang Daqo New Energy Co (SHSE:688303) Headlines

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