Sipai Health Technology Co (HKSE:00314) Gross-Profit-to-Asset % : 13.65% (As of Dec. 2023)

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What is Sipai Health Technology 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. Sipai Health Technology Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$430 Mil. Sipai Health Technology Co's average Total Assets over the quarter that ended in Dec. 2023 was HK$3,151 Mil. Therefore, Sipai Health Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 13.65%.

Sipai Health Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Sipai Health Technology 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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Sipai Health Technology Co Gross-Profit-to-Asset % Chart

Sipai Health Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

9.80

11.06

14.29

Sipai Health Technology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	-	11.71	10.95	14.69	13.65

Competitive Comparison of Sipai Health Technology Co's Gross-Profit-to-Asset %

For the Medical Distribution subindustry, Sipai Health Technology 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.

Sipai Health Technology Co's Gross-Profit-to-Asset % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sipai Health Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Sipai Health Technology Co's Gross-Profit-to-Asset % falls into.

Sipai Health Technology Co Gross-Profit-to-Asset % Calculation

Sipai Health Technology 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 )
	=	453.588	/	( (3271.476	+	3079.031)	/ 2 )
	=	453.588	/	3175.2535
	=	14.29 %

Sipai Health Technology 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 )
	=	430.092	/	( (3223.299	+	3079.031)	/ 2 )
	=	430.092	/	3151.165
	=	13.65 %

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.

Sipai Health Technology Co Gross-Profit-to-Asset % Related Terms

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Sipai Health Technology Co (HKSE:00314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sipai Health Technology Co Ltd (HKSE:00314) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

AX1:Germany

Address

No. 1888, Caoyang Road, 7/F, Building 3, Xingguangyao Plaza, Putuo District, Shanghai, CHN

Website

https://www.medbankshealthtech.com

Sipai Health Technology Co Ltd is a medical technology and health management company in China. It has three reportable operating segments: Specialty Pharmacy Business - operation and distribution of specialty pharmacy stores and pharmaceutical products; Physician Research Assistance Business - offering pharmaceutical companies and other clinical trial institutions site management organization services; Health Insurance Services Business - rendering insurance brokerage services to insurance companies. The company generates key revenue from Specialty Pharmacy Business. Almost all of the company's revenues were derived from operations in the PRC.

Sipai Health Technology Co (HKSE:00314) Headlines

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