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Chengdu Xingrong Environment Co (SZSE:000598) Gross-Profit-to-Asset % : 7.22% (As of Mar. 2024)


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What is Chengdu Xingrong Environment 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. Chengdu Xingrong Environment Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥3,238 Mil. Chengdu Xingrong Environment Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥44,836 Mil. Therefore, Chengdu Xingrong Environment Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.22%.


Chengdu Xingrong Environment Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Chengdu Xingrong Environment 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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Chengdu Xingrong Environment Co Gross-Profit-to-Asset % Chart

Chengdu Xingrong Environment 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 8.14 7.60 8.16 8.05 7.96

Chengdu Xingrong Environment 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 6.90 7.95 9.89 7.55 7.22

Competitive Comparison of Chengdu Xingrong Environment Co's Gross-Profit-to-Asset %

For the Utilities - Regulated Water subindustry, Chengdu Xingrong Environment 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.


Chengdu Xingrong Environment Co's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chengdu Xingrong Environment Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Chengdu Xingrong Environment Co Gross-Profit-to-Asset % Calculation

Chengdu Xingrong Environment 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 )
=3262.853/( (38385.26+43555.025)/ 2 )
=3262.853/40970.1425
=7.96 %

Chengdu Xingrong Environment 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 )
=3237.624/( (43555.025+46116.267)/ 2 )
=3237.624/44835.646
=7.22 %

* 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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Chengdu Xingrong Environment Co (SZSE:000598) Business Description

Traded in Other Exchanges
N/A
Address
1000 Jincheng Avenue, High-tech Zone, Qingyang District, Chengdu, CHN, 610041
Chengdu Xingrong Environment Co Ltd is a large-scale water and environmental protection integrated service provider in China. It is mainly engaged in the production and supply of tap water, sewage treatment, utilization of recycled water, sludge disposal, landfill leachate treatment, and waste incineration power generation. The company integrates investment, research, and development, design, construction and operation, and has a complete industrial chain.

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