GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tongling Nonferrous Metals Group Co Ltd (SZSE:000630) » Definitions » Gross-Profit-to-Asset %

Tongling Nonferrous Metals Group Co (SZSE:000630) Gross-Profit-to-Asset % : 13.54% (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Tongling Nonferrous Metals 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. Tongling Nonferrous Metals Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥10,894 Mil. Tongling Nonferrous Metals Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥80,452 Mil. Therefore, Tongling Nonferrous Metals Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.54%.


Tongling Nonferrous Metals Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Tongling Nonferrous Metals 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.

Tongling Nonferrous Metals Group Co Gross-Profit-to-Asset % Chart

Tongling Nonferrous Metals Group 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 8.73 8.73 14.74 18.49 12.90

Tongling Nonferrous Metals Group 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 15.73 4.72 24.38 10.61 13.54

Competitive Comparison of Tongling Nonferrous Metals Group Co's Gross-Profit-to-Asset %

For the Copper subindustry, Tongling Nonferrous Metals 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.


Tongling Nonferrous Metals Group Co's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tongling Nonferrous Metals Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Tongling Nonferrous Metals Group Co Gross-Profit-to-Asset % Calculation

Tongling Nonferrous Metals 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 )
=9974.583/( (76358.005+78245.125)/ 2 )
=9974.583/77301.565
=12.90 %

Tongling Nonferrous Metals 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 )
=10893.536/( (78245.125+82658.826)/ 2 )
=10893.536/80451.9755
=13.54 %

* 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.


Tongling Nonferrous Metals Group Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Tongling Nonferrous Metals Group Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tongling Nonferrous Metals Group Co (SZSE:000630) Business Description

Traded in Other Exchanges
N/A
Address
Changjiang West Road, West Building, Nonferrous Courtyard, Anhui Province, Tongling, CHN, 244000
Tongling Nonferrous Metals Group Co Ltd is engaged in the business of copper exploration, mining, smelting and deep processing. Its product include cathode copper, gold, silver, and copper, Wire, copper strip and copper foil. The company operates in more than 30 countries. Its products are used in electric power, construction, automotive, home appliances, electronics, and defense.

Tongling Nonferrous Metals Group Co (SZSE:000630) Headlines

No Headlines