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Meitec Group Holdings (TSE:9744) Gross-Profit-to-Asset % : 46.38% (As of Dec. 2023)


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What is Meitec Group Holdings 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. Meitec Group Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円38,956 Mil. Meitec Group Holdings's average Total Assets over the quarter that ended in Dec. 2023 was 円83,990 Mil. Therefore, Meitec Group Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 46.38%.


Meitec Group Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Meitec Group Holdings'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.

Meitec Group Holdings Gross-Profit-to-Asset % Chart

Meitec Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.73 32.02 36.04 39.37 39.05

Meitec Group Holdings 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 40.45 40.97 40.96 46.38 35.20

Competitive Comparison of Meitec Group Holdings's Gross-Profit-to-Asset %

For the Staffing & Employment Services subindustry, Meitec Group Holdings'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.


Meitec Group Holdings's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Meitec Group Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Meitec Group Holdings's Gross-Profit-to-Asset % falls into.



Meitec Group Holdings Gross-Profit-to-Asset % Calculation

Meitec Group Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=34234/( (84576+90761)/ 2 )
=34234/87668.5
=39.05 %

Meitec Group Holdings'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 )
=38956/( (85665+82315)/ 2 )
=38956/83990
=46.38 %

* 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.


Meitec Group Holdings Gross-Profit-to-Asset % Related Terms

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Meitec Group Holdings (TSE:9744) Business Description

Traded in Other Exchanges
N/A
Address
1-1-10 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan.

Meitec Group Holdings (TSE:9744) Headlines

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