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China Gas Holdings (China Gas Holdings) Gross-Profit-to-Asset % : 7.48% (As of Sep. 2023)


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What is China Gas 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. China Gas Holdings's annualized Gross Profit for the quarter that ended in Sep. 2023 was $1,462 Mil. China Gas Holdings's average Total Assets over the quarter that ended in Sep. 2023 was $19,559 Mil. Therefore, China Gas Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 7.48%.

China Gas Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for China Gas 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.

China Gas Holdings Gross-Profit-to-Asset % Chart

China Gas Holdings 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 14.64 15.48 14.32 10.32 7.50

China Gas Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 10.83 9.70 8.70 6.45 7.48

Competitive Comparison of China Gas Holdings's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, China Gas 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.

China Gas Holdings's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

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

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


China Gas Holdings Gross-Profit-to-Asset % Calculation

China Gas Holdings'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 )
=1533.334/( (20855.238+20040.415)/ 2 )
=1533.334/20447.8265
=7.50 %

China Gas Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1462.24/( (20040.415+19078.429)/ 2 )
=1462.24/19559.422
=7.48 %

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

China Gas Holdings Gross-Profit-to-Asset % Related Terms

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China Gas Holdings (China Gas Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Gas Holdings Ltd (OTCPK:CGHLY) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
HKSE:01193 HKSE:03633 HKSE:01083 HKSE:01600 HKSE:02688 HKSE:02886 HKSE:09908 HKSE:06828 HKSE:01940 HKSE:01265 XMAD:NTGY ATO BOM:532155 MIL:SRG HKSE:00003 NI BOM:542066 TSE:9531 TSE:9532 XKLS:6033
Traded in Other Exchanges
CGHOF:USA 00384:Hong Kong EBZ:Germany
Address
151 Gloucester Road, Room 1601, 16th Floor, Capital Centre, Wan Chai, Hong Kong, HKG
Website
http://www.chinagasholdings.com.hk
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2023 (ended March 31, 2023), the group had secured a total of 661 piped gas concessions, 533 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 106 LPG distribution projects in China. In total, CGH has connected 45.4 million residential households and achieved a penetration rate of 68.6%.

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