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Hokkaido Gas Co (TSE:9534) Gross-Profit-to-Asset % : 21.15% (As of Dec. 2023)


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What is Hokkaido Gas 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. Hokkaido Gas Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円37,284 Mil. Hokkaido Gas Co's average Total Assets over the quarter that ended in Dec. 2023 was 円176,256 Mil. Therefore, Hokkaido Gas Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 21.15%.


Hokkaido Gas Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hokkaido Gas 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.

Hokkaido Gas Co Gross-Profit-to-Asset % Chart

Hokkaido Gas Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.18 22.76 22.74 23.75 26.11

Hokkaido Gas Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.86 40.64 28.77 20.16 21.15

Competitive Comparison of Hokkaido Gas Co's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, Hokkaido Gas 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.


Hokkaido Gas Co's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokkaido Gas Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hokkaido Gas Co's Gross-Profit-to-Asset % falls into.



Hokkaido Gas Co Gross-Profit-to-Asset % Calculation

Hokkaido Gas Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=44939/( (160433+183797)/ 2 )
=44939/172115
=26.11 %

Hokkaido Gas Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=37284/( (173625+178887)/ 2 )
=37284/176256
=21.15 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Hokkaido Gas Co (TSE:9534) Business Description

Traded in Other Exchanges
N/A
Address
3-1, Odori Nishi 7-chome, Chuo-ku, Sapporo, JPN
Hokkaido Gas Co Ltd is a Japan-based company operating in the utility sector. Its business activities included gas, heat supply, power supply, and sale of gas by-products. The company is also engaged in the production and sale of gas appliances and related construction work. Hokkaido serves to individual and corporate customers in areas throughout Japan including Sapporo, Otaru, Hakodate, Chitose, Ishikari, Kitahiroshima, Eniwa, Hokuto, and Kitami.

Hokkaido Gas Co (TSE:9534) Headlines

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