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abrdn New India Investment Trust (CHIX:ANIIL) Gross-Profit-to-Asset % : 37.90% (As of Sep. 2024)


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What is abrdn New India Investment Trust 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. abrdn New India Investment Trust's annualized Gross Profit for the quarter that ended in Sep. 2024 was £192.8 Mil. abrdn New India Investment Trust's average Total Assets over the quarter that ended in Sep. 2024 was £508.6 Mil. Therefore, abrdn New India Investment Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 37.90%.


abrdn New India Investment Trust Gross-Profit-to-Asset % Historical Data

The historical data trend for abrdn New India Investment Trust'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.

abrdn New India Investment Trust Gross-Profit-to-Asset % Chart

abrdn New India Investment Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.89 41.74 10.78 -8.10 24.13

abrdn New India Investment Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 10.37 -26.82 23.81 24.59 37.90

Competitive Comparison of abrdn New India Investment Trust's Gross-Profit-to-Asset %

For the Asset Management subindustry, abrdn New India Investment Trust'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.


abrdn New India Investment Trust's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn New India Investment Trust's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where abrdn New India Investment Trust's Gross-Profit-to-Asset % falls into.


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abrdn New India Investment Trust Gross-Profit-to-Asset % Calculation

abrdn New India Investment Trust's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=105.797/( (402.264+474.644)/ 2 )
=105.797/438.454
=24.13 %

abrdn New India Investment Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=192.754/( (474.644+542.576)/ 2 )
=192.754/508.61
=37.90 %

* 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. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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abrdn New India Investment Trust Business Description

Traded in Other Exchanges
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn New India Investment Trust PLC is an investment trust. It outsources its investment management and administration to an investment management company. The company aims to provide shareholders with long-term capital appreciation by investing in companies that are incorporated in India or which derive revenue or profit from India, with dividend yield from the Company being of secondary importance. It invests in sectors such as Financials, Information Technology, Consumer Staples, Healthcare, Industrials, Real Estate, and others.

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