Millennium Pacific Group Holdings (HKSE:08147) Gross-Profit-to-Asset % : 21.34% (As of Dec. 2023)

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What is Millennium Pacific Group 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. Millennium Pacific Group Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$7.76 Mil. Millennium Pacific Group Holdings's average Total Assets over the quarter that ended in Dec. 2023 was HK$36.39 Mil. Therefore, Millennium Pacific Group Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 21.34%.

Millennium Pacific Group Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Millennium Pacific Group 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.

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Millennium Pacific Group Holdings Gross-Profit-to-Asset % Chart

Millennium Pacific Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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14.02

4.25

4.56

4.79

10.05

Millennium Pacific Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															4.30	0.07	9.03	5.82	21.34

Competitive Comparison of Millennium Pacific Group Holdings's Gross-Profit-to-Asset %

For the Consumer Electronics subindustry, Millennium Pacific Group 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.

Millennium Pacific Group Holdings's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Millennium Pacific Group Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Millennium Pacific Group Holdings's Gross-Profit-to-Asset % falls into.

Millennium Pacific Group Holdings Gross-Profit-to-Asset % Calculation

Millennium Pacific Group 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 )
	=	3.775	/	( (38.721	+	36.39)	/ 2 )
	=	3.775	/	37.5555
	=	10.05 %

Millennium Pacific Group 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 )
	=	7.764	/	( (0	+	36.39)	/ 1 )
	=	7.764	/	36.39
	=	21.34 %

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.

Millennium Pacific Group Holdings Gross-Profit-to-Asset % Related Terms

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Millennium Pacific Group Holdings (HKSE:08147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Millennium Pacific Group Holdings Ltd (HKSE:08147) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

N/A

Address

No. 92 Granville Road, Unit 5, 4th Floor, Energy Plaza, Tsim Sha Tsui East, Happiness Center, Kowloon, HKG

Website

https://www.mpgroup.hk

Millennium Pacific Group Holdings Ltd is a company that is principally engaged in developing, manufacturing, and selling consumer electronic products. The company's core products consist of fitness bracelets, GPS personal navigation devices, mobile Internet devices, and digital video recorders. The company offers customers one-stop services by providing design, sampling, producing, assembling, and packaging of its products. Some of the company's products are sold through third-party retailers and online platforms. The company has a global business presence, with Taiwan, the Netherlands, Hong Kong, and the United Kingdom its core markets.

Millennium Pacific Group Holdings (HKSE:08147) Headlines

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