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Tong Ren Tang Technologies Co (FRA:TNG) Gross-Profit-to-Asset % : 22.09% (As of Jun. 2024)


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What is Tong Ren Tang Technologies 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. Tong Ren Tang Technologies Co's annualized Gross Profit for the quarter that ended in Jun. 2024 was €393.7 Mil. Tong Ren Tang Technologies Co's average Total Assets over the quarter that ended in Jun. 2024 was €1,782.3 Mil. Therefore, Tong Ren Tang Technologies Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 22.09%.


Tong Ren Tang Technologies Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Tong Ren Tang Technologies 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.

* Premium members only.

Tong Ren Tang Technologies Co Gross-Profit-to-Asset % Chart

Tong Ren Tang Technologies Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.12 21.32 21.26 21.35 20.83

Tong Ren Tang Technologies Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 20.47 23.93 19.23 22.09 18.91

Competitive Comparison of Tong Ren Tang Technologies Co's Gross-Profit-to-Asset %

For the Drug Manufacturers - General subindustry, Tong Ren Tang Technologies 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.


Tong Ren Tang Technologies Co's Gross-Profit-to-Asset % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tong Ren Tang Technologies Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tong Ren Tang Technologies Co's Gross-Profit-to-Asset % falls into.


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Tong Ren Tang Technologies Co Gross-Profit-to-Asset % Calculation

Tong Ren Tang Technologies 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 )
=365.705/( (1690.495+1734.769)/ 2 )
=365.705/1712.632
=21.35 %

Tong Ren Tang Technologies Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=393.672/( (1734.769+1829.767)/ 2 )
=393.672/1782.268
=22.09 %

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


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Tong Ren Tang Technologies Co Business Description

Traded in Other Exchanges
Address
No. 16 Tongji Beilu, Beijing Economic and Technological Development Zone, Beijing, CHN
Tong Ren Tang Technologies Co Ltd is engaged in the production and distribution of Chinese medicine and predominantly operates in Mainland China and Hong Kong. The operating segments derive their revenue predominantly from the manufacture and sale of Chinese medicine of the company in Mainland China and Tong Ren Tang Chinese Medicine and its subsidiaries engaged in manufacturing, retail, and wholesale of Chinese medicine products and healthcare products, and provision of Chinese medical consultation and treatments outside Mainland China and wholesale of healthcare products in Mainland China.

Tong Ren Tang Technologies Co Headlines

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