GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Hiron Commercial Cold Chain Co Ltd (SHSE:603187) » Definitions » Gross-Profit-to-Asset %

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Gross-Profit-to-Asset % : 16.52% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Qingdao Hiron Commercial Cold Chain 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. Qingdao Hiron Commercial Cold Chain Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥936 Mil. Qingdao Hiron Commercial Cold Chain Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥5,666 Mil. Therefore, Qingdao Hiron Commercial Cold Chain Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.52%.


Qingdao Hiron Commercial Cold Chain Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Qingdao Hiron Commercial Cold Chain 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.

Qingdao Hiron Commercial Cold Chain Co Gross-Profit-to-Asset % Chart

Qingdao Hiron Commercial Cold Chain 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 24.91 19.46 15.94 15.53 17.67

Qingdao Hiron Commercial Cold Chain 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 18.39 23.77 12.62 14.91 16.52

Competitive Comparison of Qingdao Hiron Commercial Cold Chain Co's Gross-Profit-to-Asset %

For the Business Equipment & Supplies subindustry, Qingdao Hiron Commercial Cold Chain 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.


Qingdao Hiron Commercial Cold Chain Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Hiron Commercial Cold Chain Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Qingdao Hiron Commercial Cold Chain Co's Gross-Profit-to-Asset % falls into.



Qingdao Hiron Commercial Cold Chain Co Gross-Profit-to-Asset % Calculation

Qingdao Hiron Commercial Cold Chain 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 )
=950.681/( (5119.287+5638.135)/ 2 )
=950.681/5378.711
=17.67 %

Qingdao Hiron Commercial Cold Chain 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 )
=936.316/( (5638.135+5694.182)/ 2 )
=936.316/5666.1585
=16.52 %

* 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.


Qingdao Hiron Commercial Cold Chain Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Qingdao Hiron Commercial Cold Chain Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Business Description

Traded in Other Exchanges
N/A
Address
No. 1817, Yinzhushan Road, Huangdao District, Shandong, Qingdao, CHN, 266400
Qingdao Hiron Commercial Cold Chain Co Ltd is engaged in research and development, production, sales and service of commercial cold chain equipment. The company has a wide range of product types, including horizontal curved door freezer display cabinets, horizontal flat door freezer display cabinets, vertical freezer display cabinets, vertical refrigerated display cabinets, horizontal flat door refrigerated display cabinets, island cabinets, and air curtains.
Executives
Wang Yan Rong Director
Wang Cun Jiang Director
Zhao Ding Yong Director
Ma Hong Kui Director
Zhao Qi Director

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Headlines

No Headlines