PetroChina Co (BUE:PTRCY) Gross-Profit-to-Asset % : 33.57% (As of Mar. 2024)

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What is PetroChina 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. PetroChina Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ARS77,452,675 Mil. PetroChina Co's average Total Assets over the quarter that ended in Mar. 2024 was ARS230,692,136 Mil. Therefore, PetroChina Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 33.57%.

PetroChina Co Gross-Profit-to-Asset % Historical Data

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

PetroChina Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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23.91

17.76

24.37

32.92

35.23

PetroChina 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															25.12	25.40	30.72	31.67	33.57

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

For the Oil & Gas Integrated subindustry, PetroChina 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.

PetroChina Co's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

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

PetroChina Co Gross-Profit-to-Asset % Calculation

PetroChina 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 )
	=	35827336.349	/	( (64222089.143	+	139173736.03)	/ 2 )
	=	35827336.349	/	101697912.5865
	=	35.23 %

PetroChina 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 )
	=	77452675.136	/	( (139173736.03	+	322210536.347)	/ 2 )
	=	77452675.136	/	230692136.1885
	=	33.57 %

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.

PetroChina Co Gross-Profit-to-Asset % Related Terms

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PetroChina Co (BUE:PTRCY) Business Description

Industry

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PCCYF:USA 00857:Hong Kong PC6:Germany 601857:China

Address

No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007

Website

http://www.petrochina.com.cn

PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.