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Jointo Energy Investment Co Hebei (SZSE:000600) Gross-Profit-to-Asset % : 8.31% (As of Mar. 2024)


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What is Jointo Energy Investment Co Hebei 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. Jointo Energy Investment Co Hebei's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥3,292 Mil. Jointo Energy Investment Co Hebei's average Total Assets over the quarter that ended in Mar. 2024 was ¥39,606 Mil. Therefore, Jointo Energy Investment Co Hebei's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 8.31%.


Jointo Energy Investment Co Hebei Gross-Profit-to-Asset % Historical Data

The historical data trend for Jointo Energy Investment Co Hebei'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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Jointo Energy Investment Co Hebei Gross-Profit-to-Asset % Chart

Jointo Energy Investment Co Hebei 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 7.85 9.37 -1.94 5.09 5.95

Jointo Energy Investment Co Hebei 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 3.49 5.38 6.70 7.97 8.31

Competitive Comparison of Jointo Energy Investment Co Hebei's Gross-Profit-to-Asset %

For the Utilities - Regulated Electric subindustry, Jointo Energy Investment Co Hebei'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.


Jointo Energy Investment Co Hebei's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jointo Energy Investment Co Hebei's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Jointo Energy Investment Co Hebei's Gross-Profit-to-Asset % falls into.



Jointo Energy Investment Co Hebei Gross-Profit-to-Asset % Calculation

Jointo Energy Investment Co Hebei'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 )
=2234.924/( (36592.471+38486.631)/ 2 )
=2234.924/37539.551
=5.95 %

Jointo Energy Investment Co Hebei'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 )
=3291.576/( (38486.631+40725.824)/ 2 )
=3291.576/39606.2275
=8.31 %

* 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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Jointo Energy Investment Co Hebei (SZSE:000600) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Yuhua West Road, Yuyuan Plaza, Block A, 17th Floor, Hebei, Shijiazhuang, CHN, 050051
Jointo Energy Investment Co Ltd Hebei is engaged in the investment, construction, management, and energy production of energy projects.
Executives
Liu Hong Executives
Mi Da Bin Director
Wang Ting Liang Director
Bai Zhi Jun Executives
Dan Qun Ying Director
Wang Yong Zhong Director

Jointo Energy Investment Co Hebei (SZSE:000600) Headlines

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