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Zhejiang Jindao Technology Co (SZSE:301279) Gross-Profit-to-Asset % : 5.87% (As of Mar. 2024)


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What is Zhejiang Jindao Technology 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 Jindao Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥98.7 Mil. Zhejiang Jindao Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,681.6 Mil. Therefore, Zhejiang Jindao Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.87%.


Zhejiang Jindao Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Jindao Technology 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 Jindao Technology Co Gross-Profit-to-Asset % Chart

Zhejiang Jindao Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 17.17 17.79 15.03 9.53 6.34

Zhejiang Jindao Technology Co Quarterly Data
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 5.08 7.36 7.55 6.24 5.87

Competitive Comparison of Zhejiang Jindao Technology Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Zhejiang Jindao Technology 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 Jindao Technology Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

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

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



Zhejiang Jindao Technology Co Gross-Profit-to-Asset % Calculation

Zhejiang Jindao Technology 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 )
=107.074/( (1693.289+1686.938)/ 2 )
=107.074/1690.1135
=6.34 %

Zhejiang Jindao Technology 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 )
=98.728/( (1686.938+1676.166)/ 2 )
=98.728/1681.552
=5.87 %

* 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 Jindao Technology Co (SZSE:301279) Business Description

Traded in Other Exchanges
N/A
Address
No. 689, Bujin Road, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312000
Zhejiang Jindao Technology Co Ltd is engaged in the research and development, production and sales of various types of forklifts and other industrial vehicle gearboxes.

Zhejiang Jindao Technology Co (SZSE:301279) Headlines

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