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Jinan Acetate Chemical Co (TPE:4763) Gross-Profit-to-Asset % : 74.81% (As of Mar. 2024)


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What is Jinan Acetate Chemical 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. Jinan Acetate Chemical Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was NT$9,722 Mil. Jinan Acetate Chemical Co's average Total Assets over the quarter that ended in Mar. 2024 was NT$12,995 Mil. Therefore, Jinan Acetate Chemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 74.81%.


Jinan Acetate Chemical Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Jinan Acetate Chemical 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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Jinan Acetate Chemical Co Gross-Profit-to-Asset % Chart

Jinan Acetate Chemical 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 27.46 27.69 24.17 37.22 79.13

Jinan Acetate Chemical 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 57.45 83.97 86.65 88.27 74.81

Competitive Comparison of Jinan Acetate Chemical Co's Gross-Profit-to-Asset %

For the Chemicals subindustry, Jinan Acetate Chemical 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.


Jinan Acetate Chemical Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jinan Acetate Chemical Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Jinan Acetate Chemical Co's Gross-Profit-to-Asset % falls into.



Jinan Acetate Chemical Co Gross-Profit-to-Asset % Calculation

Jinan Acetate Chemical 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 )
=6888.692/( (5412.017+11999.376)/ 2 )
=6888.692/8705.6965
=79.13 %

Jinan Acetate Chemical 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 )
=9721.76/( (11999.376+13991.26)/ 2 )
=9721.76/12995.318
=74.81 %

* 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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Jinan Acetate Chemical Co (TPE:4763) Business Description

Traded in Other Exchanges
N/A
Address
No.7 of Taixing East Street, Jiyang County, Shandong Province, Jinan, CHN
Jinan Acetate Chemical Co Ltd is a chemical company based in China. The company is engaged in the manufacturing and sales of cellulose acetate products. It derives a majority of its revenue from Cellulose acetate tow products. Geographically, it generates maximum revenue from Asia and also has a presence in America, Africa, and Other Countries.

Jinan Acetate Chemical Co (TPE:4763) Headlines

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