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Meritz Fire & Marine Insurance Co (XKRX:000060) Gross-Profit-to-Asset % : 39.23% (As of Sep. 2022)


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What is Meritz Fire & Marine Insurance 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. Meritz Fire & Marine Insurance Co's annualized Gross Profit for the quarter that ended in Sep. 2022 was ₩11,296,685 Mil. Meritz Fire & Marine Insurance Co's average Total Assets over the quarter that ended in Sep. 2022 was ₩28,792,837 Mil. Therefore, Meritz Fire & Marine Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2022 was 39.23%.


Meritz Fire & Marine Insurance Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Meritz Fire & Marine Insurance 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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Meritz Fire & Marine Insurance Co Gross-Profit-to-Asset % Chart

Meritz Fire & Marine Insurance Co Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.53 42.41 41.52 40.10 39.48

Meritz Fire & Marine Insurance Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 39.46 39.48 39.79 39.42 39.23

Competitive Comparison of Meritz Fire & Marine Insurance Co's Gross-Profit-to-Asset %

For the Insurance - Property & Casualty subindustry, Meritz Fire & Marine Insurance 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.


Meritz Fire & Marine Insurance Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Meritz Fire & Marine Insurance Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Meritz Fire & Marine Insurance Co's Gross-Profit-to-Asset % falls into.



Meritz Fire & Marine Insurance Co Gross-Profit-to-Asset % Calculation

Meritz Fire & Marine Insurance Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2021 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=10471927.95/( (25359260.981+27688968.239)/ 2 )
=10471927.95/26524114.61
=39.48 %

Meritz Fire & Marine Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=11296685.384/( (28476714.745+29108959.319)/ 2 )
=11296685.384/28792837.032
=39.23 %

* 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 (Sep. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Meritz Fire & Marine Insurance Co Gross-Profit-to-Asset % Related Terms

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Meritz Fire & Marine Insurance Co (XKRX:000060) Business Description

Traded in Other Exchanges
N/A
Address
382 Gangnamdae-ro, Meritz Tower, Gangnam-gu, Seoul, KOR
Meritz Fire & Marine Insurance Co Ltd is a property and casualty insurance company. The company operates one segment that focuses on property and casualty insurance products in Korea. The company offers automobile insurance, life and health insurance, and commercial liability insurance products. Meritz generates all of its revenue in South Korea. Meritz also provides child insurance, cancer insurance, and assurance analysis services. The company considers merger and acquisition investment as a component of its operational growth strategy.

Meritz Fire & Marine Insurance Co (XKRX:000060) Headlines

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