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Changzhou Tonghui Electronic Co (BJSE:833509) Gross-Profit-to-Asset % : 16.97% (As of Mar. 2024)


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What is Changzhou Tonghui Electronic 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. Changzhou Tonghui Electronic Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥67.7 Mil. Changzhou Tonghui Electronic Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥399.0 Mil. Therefore, Changzhou Tonghui Electronic Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.97%.


Changzhou Tonghui Electronic Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Changzhou Tonghui Electronic 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.

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Changzhou Tonghui Electronic Co Gross-Profit-to-Asset % Chart

Changzhou Tonghui Electronic 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 36.80 25.01 23.99 27.53 24.16

Changzhou Tonghui Electronic 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 16.19 30.62 23.39 30.52 16.97

Competitive Comparison of Changzhou Tonghui Electronic Co's Gross-Profit-to-Asset %

For the Scientific & Technical Instruments subindustry, Changzhou Tonghui Electronic 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.


Changzhou Tonghui Electronic Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changzhou Tonghui Electronic Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Changzhou Tonghui Electronic Co's Gross-Profit-to-Asset % falls into.



Changzhou Tonghui Electronic Co Gross-Profit-to-Asset % Calculation

Changzhou Tonghui Electronic 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 )
=96.676/( (401.166+399.277)/ 2 )
=96.676/400.2215
=24.16 %

Changzhou Tonghui Electronic 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 )
=67.696/( (399.277+398.658)/ 2 )
=67.696/398.9675
=16.97 %

* 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.


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Changzhou Tonghui Electronic Co (BJSE:833509) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xinzhu Road,, Xinbei District, Jiangsu Province, Changzhou City, CHN, 213022
Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester and Cable Tester, and Accessories.

Changzhou Tonghui Electronic Co (BJSE:833509) Headlines

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