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Zhejiang Busen Garments Co (SZSE:002569) Gross-Profit-to-Asset % : 23.72% (As of Mar. 2024)


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What is Zhejiang Busen Garments 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. Zhejiang Busen Garments Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥55.1 Mil. Zhejiang Busen Garments Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥232.3 Mil. Therefore, Zhejiang Busen Garments Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 23.72%.


Zhejiang Busen Garments Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Busen Garments 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.

Zhejiang Busen Garments Co Gross-Profit-to-Asset % Chart

Zhejiang Busen Garments 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 19.62 10.66 34.82 19.03 16.79

Zhejiang Busen Garments 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 19.71 10.88 18.60 16.51 23.72

Competitive Comparison of Zhejiang Busen Garments Co's Gross-Profit-to-Asset %

For the Apparel Manufacturing subindustry, Zhejiang Busen Garments 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.


Zhejiang Busen Garments Co's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Zhejiang Busen Garments Co's Gross-Profit-to-Asset % falls into.



Zhejiang Busen Garments Co Gross-Profit-to-Asset % Calculation

Zhejiang Busen Garments 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 )
=44.674/( (295.617+236.666)/ 2 )
=44.674/266.1415
=16.79 %

Zhejiang Busen Garments 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 )
=55.088/( (236.666+227.848)/ 2 )
=55.088/232.257
=23.72 %

* 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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Zhejiang Busen Garments Co (SZSE:002569) Business Description

Traded in Other Exchanges
N/A
Address
419, Busen Avenue, Fengqiao Town, Zhejiang, Zhuji, CHN, 311811
Zhejiang Busen Garments Co Ltd is engaged in the business of design, production, and sales of men's clothing. The products of the company include shirts, suits, trousers, jackets, T-shirts, and business wear.
Executives
Wang Gang Executives
Du Xin Director
Lu Li Juan Directors, executives
Bai Liang Director
Pan Yi Supervisors
Huang Le Ying Director
Yuan Jian Jun Executives
Shou He Lei Secretary Dong
Zhao Xia Ying Supervisors
Ye Hong Ying Supervisors
Chen Neng En Director
Wang Ling Director
Chen Jian Guo Director

Zhejiang Busen Garments Co (SZSE:002569) Headlines

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