GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gujarat Hy-Spin Ltd (BOM:540938) » Definitions » Gross-Profit-to-Asset %

Gujarat Hy-Spin (BOM:540938) Gross-Profit-to-Asset % : 38.13% (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Gujarat Hy-Spin 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. Gujarat Hy-Spin's annualized Gross Profit for the quarter that ended in Sep. 2023 was ₹127.5 Mil. Gujarat Hy-Spin's average Total Assets over the quarter that ended in Sep. 2023 was ₹334.4 Mil. Therefore, Gujarat Hy-Spin's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 38.13%.


Gujarat Hy-Spin Gross-Profit-to-Asset % Historical Data

The historical data trend for Gujarat Hy-Spin'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.

Gujarat Hy-Spin Gross-Profit-to-Asset % Chart

Gujarat Hy-Spin Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.25 20.09 25.12 32.49 29.70

Gujarat Hy-Spin Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 36.31 27.96 19.37 39.58 38.13

Competitive Comparison of Gujarat Hy-Spin's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Gujarat Hy-Spin'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.


Gujarat Hy-Spin's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gujarat Hy-Spin's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Gujarat Hy-Spin's Gross-Profit-to-Asset % falls into.



Gujarat Hy-Spin Gross-Profit-to-Asset % Calculation

Gujarat Hy-Spin's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=106.553/( (376.074+341.375)/ 2 )
=106.553/358.7245
=29.70 %

Gujarat Hy-Spin's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=127.528/( (341.375+327.454)/ 2 )
=127.528/334.4145
=38.13 %

* 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 two times the semi-annual (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Gujarat Hy-Spin Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Gujarat Hy-Spin's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gujarat Hy-Spin (BOM:540938) Business Description

Traded in Other Exchanges
N/A
Address
Gundala Road, P. O. Box No. 22, Rajkot District, Gondal, GJ, IND, 360311
Gujarat Hy-Spin Ltd operates in the textile industry. Principally, it is engaged in the business of manufacturing cotton yarns as well as trading in cotton and other related items. In addition, it also produces ring yarns. The company sells cotton yarns to dealers who market it to other industrial units for weaving and other purposes. Its products comprise cotton bales, cotton waste, cotton yarn, raw cotton, wash oil, cotton seeds, and others. The company generates maximum revenue through the sale of its cotton yarn product.

Gujarat Hy-Spin (BOM:540938) Headlines

No Headlines