GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Inner Mongolia ERDOS Resources Co Ltd (SHSE:900936) » Definitions » Gross-Profit-to-Asset %

Inner Mongolia ERDOS Resources Co (SHSE:900936) Gross-Profit-to-Asset % : 8.78% (As of Mar. 2024)


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What is Inner Mongolia ERDOS Resources 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. Inner Mongolia ERDOS Resources Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was $595 Mil. Inner Mongolia ERDOS Resources Co's average Total Assets over the quarter that ended in Mar. 2024 was $6,775 Mil. Therefore, Inner Mongolia ERDOS Resources Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 8.78%.


Inner Mongolia ERDOS Resources Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co Gross-Profit-to-Asset % Chart

Inner Mongolia ERDOS Resources 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 13.15 13.98 26.95 20.82 14.13

Inner Mongolia ERDOS Resources 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 14.76 10.02 13.98 18.10 8.78

Competitive Comparison of Inner Mongolia ERDOS Resources Co's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Inner Mongolia ERDOS Resources 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.


Inner Mongolia ERDOS Resources Co's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Inner Mongolia ERDOS Resources Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Inner Mongolia ERDOS Resources Co's Gross-Profit-to-Asset % falls into.



Inner Mongolia ERDOS Resources Co Gross-Profit-to-Asset % Calculation

Inner Mongolia ERDOS Resources 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 )
=968.404/( (6900.638+6802.1)/ 2 )
=968.404/6851.369
=14.13 %

Inner Mongolia ERDOS Resources 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 )
=594.912/( (6802.1+6747.547)/ 2 )
=594.912/6774.8235
=8.78 %

* 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.


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Inner Mongolia ERDOS Resources Co (SHSE:900936) Business Description

Traded in Other Exchanges
Address
No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000
Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.

Inner Mongolia ERDOS Resources Co (SHSE:900936) Headlines

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