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Zhejiang Expressway Co (LSE:ZHEH) Gross-Profit-to-Asset % : 3.08% (As of Dec. 2023)


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What is Zhejiang Expressway 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. Zhejiang Expressway Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was £695 Mil. Zhejiang Expressway Co's average Total Assets over the quarter that ended in Dec. 2023 was £22,545 Mil. Therefore, Zhejiang Expressway Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.08%.


Zhejiang Expressway Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Expressway 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.

* Premium members only.

Zhejiang Expressway Co Gross-Profit-to-Asset % Chart

Zhejiang Expressway Co 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 5.03 3.66 4.33 3.20 3.50

Zhejiang Expressway Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 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 2.67 - 4.38 3.08 3.28

Competitive Comparison of Zhejiang Expressway Co's Gross-Profit-to-Asset %

For the Infrastructure Operations subindustry, Zhejiang Expressway 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.


Zhejiang Expressway Co's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Expressway Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Zhejiang Expressway Co's Gross-Profit-to-Asset % falls into.



Zhejiang Expressway Co Gross-Profit-to-Asset % Calculation

Zhejiang Expressway 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 )
=796.543/( (22476.185+22987.557)/ 2 )
=796.543/22731.871
=3.50 %

Zhejiang Expressway 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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=694.772/( (22103.424+22987.557)/ 2 )
=694.772/22545.4905
=3.08 %

* 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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Zhejiang Expressway Co (LSE:ZHEH) Business Description

Traded in Other Exchanges
Address
199 Wuxing Road, 5th Floor, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next most significant segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.

Zhejiang Expressway Co (LSE:ZHEH) Headlines

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