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Hero MotoCorp (NSE:HEROMOTOCO) Gross-Profit-to-Asset % : 50.29% (As of Mar. 2024)


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What is Hero MotoCorp 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. Hero MotoCorp's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹131,520 Mil. Hero MotoCorp's average Total Assets over the quarter that ended in Mar. 2024 was ₹261,528 Mil. Therefore, Hero MotoCorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 50.29%.


Hero MotoCorp Gross-Profit-to-Asset % Historical Data

The historical data trend for Hero MotoCorp'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.

Hero MotoCorp Gross-Profit-to-Asset % Chart

Hero MotoCorp Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.54 40.29 34.99 44.03 49.05

Hero MotoCorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 45.63 45.54 46.13 49.16 50.29

Competitive Comparison of Hero MotoCorp's Gross-Profit-to-Asset %

For the Auto Manufacturers subindustry, Hero MotoCorp'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.


Hero MotoCorp's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hero MotoCorp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hero MotoCorp's Gross-Profit-to-Asset % falls into.



Hero MotoCorp Gross-Profit-to-Asset % Calculation

Hero MotoCorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=122791.8/( (239170.3+261527.9)/ 2 )
=122791.8/250349.1
=49.05 %

Hero MotoCorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=131520.4/( (0+261527.9)/ 1 )
=131520.4/261527.9
=50.29 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Hero MotoCorp Gross-Profit-to-Asset % Related Terms

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Hero MotoCorp (NSE:HEROMOTOCO) Business Description

Traded in Other Exchanges
Address
Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070
Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

Hero MotoCorp (NSE:HEROMOTOCO) Headlines

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