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Zhejiang Hengwei Battery Co (SZSE:301222) Gross-Profit-to-Asset % : 11.85% (As of Mar. 2024)


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What is Zhejiang Hengwei Battery 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. Zhejiang Hengwei Battery Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥167.4 Mil. Zhejiang Hengwei Battery Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,413.1 Mil. Therefore, Zhejiang Hengwei Battery Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 11.85%.


Zhejiang Hengwei Battery Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Hengwei Battery 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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Zhejiang Hengwei Battery Co Gross-Profit-to-Asset % Chart

Zhejiang Hengwei Battery 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 29.27 38.08 29.90 16.07 12.05

Zhejiang Hengwei Battery Co Quarterly Data
Jun17 Dec17 Dec18 Dec19 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 9.94 10.33 15.75 12.90 11.85

Competitive Comparison of Zhejiang Hengwei Battery Co's Gross-Profit-to-Asset %

For the Electrical Equipment & Parts subindustry, Zhejiang Hengwei Battery 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.


Zhejiang Hengwei Battery Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Hengwei Battery Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Zhejiang Hengwei Battery Co's Gross-Profit-to-Asset % falls into.



Zhejiang Hengwei Battery Co Gross-Profit-to-Asset % Calculation

Zhejiang Hengwei Battery 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 )
=164.616/( (1331.439+1400.647)/ 2 )
=164.616/1366.043
=12.05 %

Zhejiang Hengwei Battery 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 )
=167.384/( (1400.647+1425.52)/ 2 )
=167.384/1413.0835
=11.85 %

* 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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Zhejiang Hengwei Battery Co (SZSE:301222) Business Description

Traded in Other Exchanges
N/A
Address
No. 77 Zhengyang West Road, Youchegang, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314018
Zhejiang Hengwei Battery Co Ltd is engaged in the production and sales of dry batteries and their accessories, and supporting small household appliances; research and development, manufacturing, sales and related technical services of battery parts and special equipment for battery production; engaged in import and export business.
Executives
Xu Yao Ting Directors, executives

Zhejiang Hengwei Battery Co (SZSE:301222) Headlines

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