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HSBC China Dragon Fund (HKSE:820) Gross-Profit-to-Asset % : -24.60% (As of Sep. 2023)


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What is HSBC China Dragon Fund 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. HSBC China Dragon Fund's annualized Gross Profit for the quarter that ended in Sep. 2023 was HK$-123.33 Mil. HSBC China Dragon Fund's average Total Assets over the quarter that ended in Sep. 2023 was HK$501.33 Mil. Therefore, HSBC China Dragon Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was -24.60%.


HSBC China Dragon Fund Gross-Profit-to-Asset % Historical Data

The historical data trend for HSBC China Dragon Fund'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.

HSBC China Dragon Fund Gross-Profit-to-Asset % Chart

HSBC China Dragon Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial -10.10 -5.40 56.36 2.55 -0.76

HSBC China Dragon Fund Semi-Annual Data
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 12.77 -10.54 -24.73 26.38 -24.60

Competitive Comparison of HSBC China Dragon Fund's Gross-Profit-to-Asset %

For the Asset Management subindustry, HSBC China Dragon Fund'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.


HSBC China Dragon Fund's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HSBC China Dragon Fund's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where HSBC China Dragon Fund's Gross-Profit-to-Asset % falls into.



HSBC China Dragon Fund Gross-Profit-to-Asset % Calculation

HSBC China Dragon Fund'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 )
=-4.591/( (677.126+535.968)/ 2 )
=-4.591/606.547
=-0.76 %

HSBC China Dragon Fund'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 )
=-123.332/( (535.968+466.7)/ 2 )
=-123.332/501.334
=-24.60 %

* 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.


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HSBC China Dragon Fund (HKSE:820) Business Description

Traded in Other Exchanges
N/A
Address
1 Queen's Road Central, Level 22, HSBC Main Building, Hong Kong, HKG
HSBC China Dragon Fund is an asset management company. The firm's investment objective is to achieve long-term capital growth by investing in listed companies.
Executives
Metage Capital Limited 2102 Investment manager
Lazard Asset Management Llc 2102 Investment manager

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