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Titan Wind Energy (Suzhou) Co (SZSE:002531) Gross-Profit-to-Asset % : 5.19% (As of Mar. 2024)


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What is Titan Wind Energy (Suzhou) 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. Titan Wind Energy (Suzhou) Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,281 Mil. Titan Wind Energy (Suzhou) Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥24,657 Mil. Therefore, Titan Wind Energy (Suzhou) Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.19%.


Titan Wind Energy (Suzhou) Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Titan Wind Energy (Suzhou) 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.

Titan Wind Energy (Suzhou) Co Gross-Profit-to-Asset % Chart

Titan Wind Energy (Suzhou) 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 12.48 13.69 11.54 7.18 7.98

Titan Wind Energy (Suzhou) 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 7.08 10.94 6.83 5.77 5.19

Competitive Comparison of Titan Wind Energy (Suzhou) Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Titan Wind Energy (Suzhou) 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.


Titan Wind Energy (Suzhou) Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Titan Wind Energy (Suzhou) Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Titan Wind Energy (Suzhou) Co's Gross-Profit-to-Asset % falls into.



Titan Wind Energy (Suzhou) Co Gross-Profit-to-Asset % Calculation

Titan Wind Energy (Suzhou) 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 )
=1762.616/( (19882.682+24310.564)/ 2 )
=1762.616/22096.623
=7.98 %

Titan Wind Energy (Suzhou) 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 )
=1280.816/( (24310.564+25002.789)/ 2 )
=1280.816/24656.6765
=5.19 %

* 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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Titan Wind Energy (Suzhou) Co (SZSE:002531) Business Description

Traded in Other Exchanges
N/A
Address
28 Ningbo East Road, Jiangsu, Taicang, CHN, 215400
Titan Wind Energy (Suzhou) Co Ltd is engaged in the research, design, manufacture, and distribution of wind towers. The towers are distributed to dozens of countries like the United States, Canada, Brazil, Germany, Sweden, the United Kingdom, Romania, Spain, Australia, New Zealand, Thailand, India and other parts of the world.
Executives
Zhu Bin Secretary, Director
Chen Wei Ming Directors, executives
Ma Long Fei Director
Cai Zhou Supervisors
Yan Jun Xu Directors, executives
Liu Ming Sheng Directors, executives
Xu Bei Zhen Supervisors
Zhu Guo Xue Supervisors
Zheng Kang Sheng Directors, executives
Gong Tao Directors, executives
Jin Yi Securities Affairs Representative

Titan Wind Energy (Suzhou) Co (SZSE:002531) Headlines

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