GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ruentex Industries Ltd (TPE:2915) » Definitions » Gross-Profit-to-Asset %

Ruentex Industries (TPE:2915) Gross-Profit-to-Asset % : 0.76% (As of Mar. 2024)


View and export this data going back to 1977. Start your Free Trial

What is Ruentex Industries 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. Ruentex Industries's annualized Gross Profit for the quarter that ended in Mar. 2024 was NT$878 Mil. Ruentex Industries's average Total Assets over the quarter that ended in Mar. 2024 was NT$115,710 Mil. Therefore, Ruentex Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 0.76%.


Ruentex Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for Ruentex Industries'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.

Ruentex Industries Gross-Profit-to-Asset % Chart

Ruentex Industries 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 1.01 0.69 0.59 0.75 0.86

Ruentex Industries 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 0.86 0.84 0.86 0.82 0.76

Competitive Comparison of Ruentex Industries's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Ruentex Industries'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.


Ruentex Industries's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ruentex Industries's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ruentex Industries's Gross-Profit-to-Asset % falls into.



Ruentex Industries Gross-Profit-to-Asset % Calculation

Ruentex Industries'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 )
=936.413/( (102119.233+116070.225)/ 2 )
=936.413/109094.729
=0.86 %

Ruentex Industries'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 )
=878.24/( (116070.225+115349.5)/ 2 )
=878.24/115709.8625
=0.76 %

* 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.


Ruentex Industries Gross-Profit-to-Asset % Related Terms

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


Ruentex Industries (TPE:2915) Business Description

Traded in Other Exchanges
N/A
Address
No.308, Section 2, Bade Road, 13th Floor, Taipei, TWN
Ruentex Industries Ltd is a textile business based in Taiwan. The company generates the majority of its revenue domestically, and a small portion from the rest of Asia, through five segments. The investment segment invests in, constructs, and leases commercial buildings and government-funded residential housing units. The hypermarket segment derives the majority of revenue from imports and exports of textiles. The textile department engages in the yarning of cotton, wool, chemical fibers, and synthetic fibers. The retailing segment retails men's and women's clothing, underwear, and bags under several brand names such as Nautica and Jeep. The smallest segment, construction, manufactures, processes, and markets construction materials.

Ruentex Industries (TPE:2915) Headlines

No Headlines