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Luokung Technology (FRA:78IB) Gross-Profit-to-Asset % : 2.72% (As of Jun. 2023)


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What is Luokung Technology 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. Luokung Technology's annualized Gross Profit for the quarter that ended in Jun. 2023 was €5.53 Mil. Luokung Technology's average Total Assets over the quarter that ended in Jun. 2023 was €203.11 Mil. Therefore, Luokung Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 2.72%.


Luokung Technology Gross-Profit-to-Asset % Historical Data

The historical data trend for Luokung Technology'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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Luokung Technology Gross-Profit-to-Asset % Chart

Luokung Technology Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.70 3.58 0.61 8.33 6.49

Luokung Technology Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 3.86 10.37 6.73 5.96 2.72

Competitive Comparison of Luokung Technology's Gross-Profit-to-Asset %

For the Software - Application subindustry, Luokung Technology'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.


Luokung Technology's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Luokung Technology's Gross-Profit-to-Asset % distribution charts can be found below:

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



Luokung Technology Gross-Profit-to-Asset % Calculation

Luokung Technology's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=14.775/( (234.692+220.553)/ 2 )
=14.775/227.6225
=6.49 %

Luokung Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=5.528/( (220.553+185.671)/ 2 )
=5.528/203.112
=2.72 %

* 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 (Jun. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Luokung Technology Gross-Profit-to-Asset % Related Terms

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Luokung Technology (FRA:78IB) Business Description

Traded in Other Exchanges
Address
No. 9, Guanghua Road, Miss. Qinyu Zhao B9-8, Block B, SOHO Phase II, Chaoyang District, Beijing, CHN, 100020
Luokung Technology Corp is a mobile service and technology provider for the long-distance travel and railway Wi-Fi market in China. Its mobile application product Luokuang platform is a Location-based Service social content and service distribution platform. It offers personalized and precise services to long-distance travelers in two locations: on the train and at the destination. Its offerings include entertainment services including video and audio, digital reading material, games specific, and social services.

Luokung Technology (FRA:78IB) Headlines

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