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GLXG (Galaxy Payroll Group) Gross-Profit-to-Asset % : 72.17% (As of Jun. 2024)


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What is Galaxy Payroll Group 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. Galaxy Payroll Group's annualized Gross Profit for the quarter that ended in Jun. 2024 was $2.23 Mil. Galaxy Payroll Group's average Total Assets over the quarter that ended in Jun. 2024 was $3.09 Mil. Therefore, Galaxy Payroll Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 72.17%.

Galaxy Payroll Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Galaxy Payroll Group'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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Galaxy Payroll Group Gross-Profit-to-Asset % Chart

Galaxy Payroll Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Gross-Profit-to-Asset %
62.76 100.19 58.66 56.98

Galaxy Payroll Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross-Profit-to-Asset % Get a 7-Day Free Trial 95.26 58.80 63.74 57.69 72.17

Competitive Comparison of Galaxy Payroll Group's Gross-Profit-to-Asset %

For the Staffing & Employment Services subindustry, Galaxy Payroll Group'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.

Galaxy Payroll Group's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Galaxy Payroll Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Galaxy Payroll Group's Gross-Profit-to-Asset % falls into.


Galaxy Payroll Group Gross-Profit-to-Asset % Calculation

Galaxy Payroll Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=2.071/( (3.865+3.404)/ 2 )
=2.071/3.6345
=56.98 %

Galaxy Payroll Group'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 )
=2.228/( (2.77+3.404)/ 2 )
=2.228/3.087
=72.17 %

* 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.

Galaxy Payroll Group Gross-Profit-to-Asset % Related Terms

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Galaxy Payroll Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Galaxy Payroll Group Ltd (NAS:GLXG) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
RLBY IPDN STAF JOB NIXX HSON BGSF XAMS:RAND RHI XSWX:ADEN TSE:2181 KFY TNET NSP MAN TSE:6028 SHSE:600861 TSE:9744 LSE:HAS LSE:PAGE
Traded in Other Exchanges
N/A
Address
77 Wing Lok Street, 25th Floor, Ovest, Sheung Wan, Hong Kong, HKG
Website
https://www.galaxy-hk.com
Galaxy Payroll Group Ltd provides payroll outsourcing, employment, consultancy, and market research services based in Hong Kong. Its client base includes retail, trading, industrial, IT, financial, and professional services industries. Geographically, the company derives maximum revenue from its clients in the People's Republic of China and the rest from Hong Kong, Macau, Taiwan, Japan, Thailand, Singapore, and other countries.