GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING Specialized Carriers Co Ltd (SHSE:600428) » Definitions » Gross-Profit-to-Asset %

COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Gross-Profit-to-Asset % : 9.99% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is COSCO SHIPPING Specialized Carriers 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. COSCO SHIPPING Specialized Carriers Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥2,779 Mil. COSCO SHIPPING Specialized Carriers Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥27,802 Mil. Therefore, COSCO SHIPPING Specialized Carriers Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.99%.


COSCO SHIPPING Specialized Carriers Co Gross-Profit-to-Asset % Historical Data

The historical data trend for COSCO SHIPPING Specialized Carriers 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.

COSCO SHIPPING Specialized Carriers Co Gross-Profit-to-Asset % Chart

COSCO SHIPPING Specialized Carriers 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 5.48 4.78 8.54 11.14 8.02

COSCO SHIPPING Specialized Carriers Co 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 10.08 7.50 7.81 6.23 9.99

Competitive Comparison of COSCO SHIPPING Specialized Carriers Co's Gross-Profit-to-Asset %

For the Marine Shipping subindustry, COSCO SHIPPING Specialized Carriers 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.


COSCO SHIPPING Specialized Carriers Co's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Specialized Carriers Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Specialized Carriers Co's Gross-Profit-to-Asset % falls into.



COSCO SHIPPING Specialized Carriers Co Gross-Profit-to-Asset % Calculation

COSCO SHIPPING Specialized Carriers 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 )
=2121.34/( (25360.211+27565.701)/ 2 )
=2121.34/26462.956
=8.02 %

COSCO SHIPPING Specialized Carriers Co'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 )
=2778.696/( (27565.701+28037.837)/ 2 )
=2778.696/27801.769
=9.99 %

* 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.


COSCO SHIPPING Specialized Carriers Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of COSCO SHIPPING Specialized Carriers Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Business Description

Traded in Other Exchanges
N/A
Address
No. 282 Dongjiang Avenue, Free Trade Zone, Kangsheng Building, Guangdong Province, Guangzhou, CHN, 510623
COSCO Shipping is mainly engaged in the multipurpose shipping business. It also offers specialized shipping services. The company's specialized shipping unit owns semisubmersible ships, heavy-lift ships, roll-on/roll-off vessels, and vehicle carriers. Parent company COSCO owns a 50.13% stake in COSCO Shipping. At the end of December 2010, COSCO Shipping owned 77 ships with a total shipping capacity of 1.3173 million deadweight tons.
Executives
Han Guo Min senior management
Fang Zhi Wei Supervisors
Guo Jing Director
Lin Jing Wei senior management
Guo Fu Xiang senior management
Lai Yi Guang senior management
Tan Jin Song Director
Du Jun Ming senior management
Xue Jun Dong senior management
Jin Li Zuo Director

COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Headlines

No Headlines