GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hong Kong and China Gas Co Ltd (OTCPK:HOKCY) » Definitions » Gross-Profit-to-Asset %

Hong Kong and China Gas Co (Hong Kong and China Gas Co) Gross-Profit-to-Asset % : 13.47% (As of Dec. 2023)


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

What is Hong Kong and China 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. Hong Kong and China Gas Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was $2,789 Mil. Hong Kong and China Gas Co's average Total Assets over the quarter that ended in Dec. 2023 was $20,714 Mil. Therefore, Hong Kong and China Gas Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 13.47%.


Hong Kong and China Gas Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hong Kong and China 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.

Hong Kong and China Gas Co Gross-Profit-to-Asset % Chart

Hong Kong and China Gas 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 13.80 13.07 13.14 12.87 13.28

Hong Kong and China Gas Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 13.07 12.38 13.61 13.37 13.47

Competitive Comparison of Hong Kong and China Gas Co's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, Hong Kong and China 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.


Hong Kong and China Gas Co's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

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

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



Hong Kong and China Gas Co Gross-Profit-to-Asset % Calculation

Hong Kong and China Gas 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 )
=2813.785/( (21639.132+20740.301)/ 2 )
=2813.785/21189.7165
=13.28 %

Hong Kong and China 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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2789.264/( (20688.255+20740.301)/ 2 )
=2789.264/20714.278
=13.47 %

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


Hong Kong and China Gas Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Hong Kong and China Gas Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hong Kong and China Gas Co (Hong Kong and China Gas Co) Business Description

Traded in Other Exchanges
Address
363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

Hong Kong and China Gas Co (Hong Kong and China Gas Co) Headlines

From GuruFocus