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Liaoning HeZhan Energy Group Co (SZSE:000809) Gross-Profit-to-Asset % : -0.31% (As of Mar. 2024)


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What is Liaoning HeZhan Energy Group 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. Liaoning HeZhan Energy Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥-14.06 Mil. Liaoning HeZhan Energy Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥4,544.85 Mil. Therefore, Liaoning HeZhan Energy Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.31%.


Liaoning HeZhan Energy Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Liaoning HeZhan Energy Group 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.

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Liaoning HeZhan Energy Group Co Gross-Profit-to-Asset % Chart

Liaoning HeZhan Energy Group 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 0.40 0.75 0.74 1.84 -0.05

Liaoning HeZhan Energy Group 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 -0.09 -0.10 -0.14 0.12 -0.31

Competitive Comparison of Liaoning HeZhan Energy Group Co's Gross-Profit-to-Asset %

For the Utilities - Renewable subindustry, Liaoning HeZhan Energy Group 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.


Liaoning HeZhan Energy Group Co's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Liaoning HeZhan Energy Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Liaoning HeZhan Energy Group Co's Gross-Profit-to-Asset % falls into.



Liaoning HeZhan Energy Group Co Gross-Profit-to-Asset % Calculation

Liaoning HeZhan Energy Group 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 )
=-2.28/( (4305.018+4611.702)/ 2 )
=-2.28/4458.36
=-0.05 %

Liaoning HeZhan Energy Group 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 )
=-14.064/( (4611.702+4478.005)/ 2 )
=-14.064/4544.8535
=-0.31 %

* 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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Liaoning HeZhan Energy Group Co (SZSE:000809) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Jinshajiang Road, Fanhe New District, Liaoning Province, Tieling, CHN, 112000
Tieling Newcity Investment Holding Ltd is a China-based company engaged in the land development projects. Its business activities include first-level development business and urban operations. The first-level development business division includes municipal infrastructure construction and land project development. And the urban operations division includes water supply, sewage treatment, taxi operations, and advertising media.
Executives
Han Guang Lin Director
Li Shi Fan Director
Zhu Heng Director
Li Jing Chuan Supervisors

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