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Asia Cement (China) Holdings (HKSE:00743) Gross-Profit-to-Asset % : 4.46% (As of Dec. 2023)


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What is Asia Cement (China) 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. Asia Cement (China) Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$982 Mil. Asia Cement (China) Holdings's average Total Assets over the quarter that ended in Dec. 2023 was HK$22,003 Mil. Therefore, Asia Cement (China) Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 4.46%.


Asia Cement (China) Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Asia Cement (China) 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.

Asia Cement (China) Holdings Gross-Profit-to-Asset % Chart

Asia Cement (China) Holdings 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 23.57 20.47 17.37 5.78 5.11

Asia Cement (China) Holdings Quarterly Data
Jun16 Sep16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 4.98 - 3.88 4.46 -

Competitive Comparison of Asia Cement (China) Holdings's Gross-Profit-to-Asset %

For the Building Materials subindustry, Asia Cement (China) 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.


Asia Cement (China) Holdings's Gross-Profit-to-Asset % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement (China) Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

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



Asia Cement (China) Holdings Gross-Profit-to-Asset % Calculation

Asia Cement (China) Holdings'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 )
=1170.657/( (23614.367+22185.007)/ 2 )
=1170.657/22899.687
=5.11 %

Asia Cement (China) 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 )
=982.356/( (21820.234+22185.007)/ 2 )
=982.356/22002.6205
=4.46 %

* 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.


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Asia Cement (China) Holdings (HKSE:00743) Business Description

Traded in Other Exchanges
Address
No. 6 Yadong Avenue, Ma-Tou Town, Jiangxi Province, Ruichang, CHN, 332207
Asia Cement (China) Holdings Corp is an investment holding company. The company operates through the Cement and Concrete business segments. Its products include cement, clinker, ready-mix concrete, and blast-furnace slag powder. It derives revenue from China. Its geographical segments include the Southeastern region, Central region, and Southwestern region.
Executives
Asia Cement Corporation
Far Eastern New Century Corporation

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