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Mida Assets PCL (BKK:MIDA) Gross-Profit-to-Asset % : 10.44% (As of Mar. 2024)


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What is Mida Assets PCL 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. Mida Assets PCL's annualized Gross Profit for the quarter that ended in Mar. 2024 was ฿1,107 Mil. Mida Assets PCL's average Total Assets over the quarter that ended in Mar. 2024 was ฿10,605 Mil. Therefore, Mida Assets PCL's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.44%.


Mida Assets PCL Gross-Profit-to-Asset % Historical Data

The historical data trend for Mida Assets PCL'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.

Mida Assets PCL Gross-Profit-to-Asset % Chart

Mida Assets PCL 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 13.20 10.52 8.22 8.66 13.39

Mida Assets PCL 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 12.87 11.00 19.40 11.17 10.44

Competitive Comparison of Mida Assets PCL's Gross-Profit-to-Asset %

For the Credit Services subindustry, Mida Assets PCL'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.


Mida Assets PCL's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mida Assets PCL's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mida Assets PCL's Gross-Profit-to-Asset % falls into.



Mida Assets PCL Gross-Profit-to-Asset % Calculation

Mida Assets PCL'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 )
=1443.053/( (11026.524+10533.492)/ 2 )
=1443.053/10780.008
=13.39 %

Mida Assets PCL'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 )
=1107.312/( (10533.492+10677.415)/ 2 )
=1107.312/10605.4535
=10.44 %

* 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.


Mida Assets PCL Gross-Profit-to-Asset % Related Terms

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Mida Assets PCL (BKK:MIDA) Business Description

Traded in Other Exchanges
N/A
Address
267 Charansanitwong Road, Bang-Or, Bangplad, Bangkok, THA, 10700
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandises and hire-purchases financing for electronic equipment and used cars, real estate development, hotel operations services and management, golf course rental, agency for sale of real estate, advertising, public relation and events organizing services, providing financial services, management of non-performing assets and security guard services. Its segments include Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relation, and events services, of which key revenue is derived from the Hire-purchase business. The group has a business presence in Thailand and other countries.

Mida Assets PCL (BKK:MIDA) Headlines

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