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Jiangsu Fasten Co (SZSE:000890) Gross-Profit-to-Asset % : 3.66% (As of Mar. 2024)


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What is Jiangsu Fasten 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. Jiangsu Fasten Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥55.5 Mil. Jiangsu Fasten Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,519.1 Mil. Therefore, Jiangsu Fasten Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.66%.


Jiangsu Fasten Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Jiangsu Fasten 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.

Jiangsu Fasten Co Gross-Profit-to-Asset % Chart

Jiangsu Fasten 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 -5.54 -2.60 8.22 5.51 3.89

Jiangsu Fasten 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 3.47 -0.31 5.68 7.29 3.66

Competitive Comparison of Jiangsu Fasten Co's Gross-Profit-to-Asset %

For the Steel subindustry, Jiangsu Fasten 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.


Jiangsu Fasten Co's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Fasten Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Jiangsu Fasten Co's Gross-Profit-to-Asset % falls into.



Jiangsu Fasten Co Gross-Profit-to-Asset % Calculation

Jiangsu Fasten 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 )
=65.791/( (1840.392+1545.069)/ 2 )
=65.791/1692.7305
=3.89 %

Jiangsu Fasten 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 )
=55.544/( (1545.069+1493.069)/ 2 )
=55.544/1519.069
=3.66 %

* 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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Jiangsu Fasten Co (SZSE:000890) Business Description

Traded in Other Exchanges
N/A
Address
No. 165, Chengjiang Middle Road, Jiangsu Province, Jiangyin, CHN, 214434
Jiangsu Fasten Co Ltd is a China-based company mainly engaged in commercial factoring, fine optimization of metal products, bridge cable products and infrastructure materials manufacturing and sales. The company offers steel wires, stranded steel wires, stainless steel silk products, and steel-cables; fiber and cable products.
Executives
Huang Xiao Juan Supervisors
Zhu Gang Supervisors
Zhao Jun Directors, executives
Cao Yu Director
Liu Li Hua Director
Tang Fu Ru Supervisors
Liu Yin Director
Liang Le Tian Executives
Zhou Jian Song Director
Wu Yu Jun Executives

Jiangsu Fasten Co (SZSE:000890) Headlines

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