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Hainan Strait Shipping Co (SZSE:002320) Gross-Profit-to-Asset % : 36.31% (As of Mar. 2024)


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What is Hainan Strait Shipping 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. Hainan Strait Shipping Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥2,878 Mil. Hainan Strait Shipping Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥7,928 Mil. Therefore, Hainan Strait Shipping Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 36.31%.


Hainan Strait Shipping Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hainan Strait Shipping 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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Hainan Strait Shipping Co Gross-Profit-to-Asset % Chart

Hainan Strait Shipping 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 9.66 9.68 10.10 16.45 24.91

Hainan Strait Shipping 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 32.24 24.64 20.62 21.09 36.31

Competitive Comparison of Hainan Strait Shipping Co's Gross-Profit-to-Asset %

For the Marine Shipping subindustry, Hainan Strait Shipping 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.


Hainan Strait Shipping Co's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Strait Shipping Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hainan Strait Shipping Co's Gross-Profit-to-Asset % falls into.



Hainan Strait Shipping Co Gross-Profit-to-Asset % Calculation

Hainan Strait Shipping 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 )
=1915.534/( (7613.176+7765.532)/ 2 )
=1915.534/7689.354
=24.91 %

Hainan Strait Shipping 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 )
=2878.436/( (7765.532+8091.373)/ 2 )
=2878.436/7928.4525
=36.31 %

* 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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Hainan Strait Shipping Co (SZSE:002320) Business Description

Traded in Other Exchanges
N/A
Address
East Ocean Building, 7th Floor, Binhai Road, Haikou, CHN, 570311
Hainan Strait Shipping Co Ltd is a China-based company principally engaged in the passenger transportation business. The company is also involved in logistics and tourism. Hainan Strait Shipping Co. Ltd. has approximately 18 passenger ships in operation, with a total of more than 700 seats.
Executives
Lin Hai Supervisors
Zhang Zi Xin Executives
Chen Xue Si Supervisors
Chen Bo Executives
Lin Jian Director
Li Wei Director

Hainan Strait Shipping Co (SZSE:002320) Headlines

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