GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hsin Kuang Steel Co Ltd (TPE:2031) » Definitions » Gross-Profit-to-Asset %

Hsin Kuang Steel Co (TPE:2031) Gross-Profit-to-Asset % : 4.98% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Hsin Kuang Steel 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. Hsin Kuang Steel Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was NT$1,437 Mil. Hsin Kuang Steel Co's average Total Assets over the quarter that ended in Mar. 2024 was NT$28,849 Mil. Therefore, Hsin Kuang Steel Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.98%.


Hsin Kuang Steel Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hsin Kuang Steel 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.

Hsin Kuang Steel Co Gross-Profit-to-Asset % Chart

Hsin Kuang Steel 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 1.06 4.52 13.61 4.72 5.48

Hsin Kuang Steel 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 8.58 3.37 4.76 5.14 4.98

Competitive Comparison of Hsin Kuang Steel Co's Gross-Profit-to-Asset %

For the Steel subindustry, Hsin Kuang Steel 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.


Hsin Kuang Steel Co's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hsin Kuang Steel Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hsin Kuang Steel Co's Gross-Profit-to-Asset % falls into.



Hsin Kuang Steel Co Gross-Profit-to-Asset % Calculation

Hsin Kuang Steel 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 )
=1445.751/( (24439.251+28353.33)/ 2 )
=1445.751/26396.2905
=5.48 %

Hsin Kuang Steel 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 )
=1437.144/( (28353.33+29343.874)/ 2 )
=1437.144/28848.602
=4.98 %

* 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.


Hsin Kuang Steel Co Gross-Profit-to-Asset % Related Terms

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


Hsin Kuang Steel Co (TPE:2031) Business Description

Traded in Other Exchanges
N/A
Address
25th Floor, 97 Chongming Road, Section 4, Sanchong District, New Taipei City, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and sale of steel products, including steel coils, steel plates, stainless steel, alloy steel and special steel. Geographically, the business activities are carried out across Taiwan.

Hsin Kuang Steel Co (TPE:2031) Headlines

No Headlines