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Zhejiang Renzhi Co (SZSE:002629) Gross-Profit-to-Asset % : 5.02% (As of Mar. 2024)


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What is Zhejiang Renzhi 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 Renzhi Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥10.1 Mil. Zhejiang Renzhi Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥200.8 Mil. Therefore, Zhejiang Renzhi Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.02%.


Zhejiang Renzhi Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Renzhi 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 Renzhi Co Gross-Profit-to-Asset % Chart

Zhejiang Renzhi 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 5.73 4.50 3.20 2.40 4.62

Zhejiang Renzhi 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 2.75 8.33 5.86 2.15 5.02

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

For the Oil & Gas Equipment & Services subindustry, Zhejiang Renzhi 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 Renzhi Co's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Zhejiang Renzhi Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang Renzhi Co Gross-Profit-to-Asset % Calculation

Zhejiang Renzhi 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 )
=10.173/( (238.161+202.301)/ 2 )
=10.173/220.231
=4.62 %

Zhejiang Renzhi 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 )
=10.088/( (202.301+199.266)/ 2 )
=10.088/200.7835
=5.02 %

* 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 Renzhi Co (SZSE:002629) Business Description

Traded in Other Exchanges
N/A
Address
2180 Binhai 6th Road, Room 108, Building 1, Wenzhou Economic and Technological Development Zone, Wenzhou, CHN, 200135
Zhejiang Renzhi Co Ltd is engaged in the oil service industry which include providing professional services like oil and gas drilling engineering field, oilfield special equipment inspection and maintenance technology.

Zhejiang Renzhi Co (SZSE:002629) Headlines

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