Asia Financial Holdings (HKSE:00662) Gross-Profit-to-Asset % : 11.93% (As of Dec. 2023)

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What is Asia Financial Holdings 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. Asia Financial Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$1,775 Mil. Asia Financial Holdings's average Total Assets over the quarter that ended in Dec. 2023 was HK$14,872 Mil. Therefore, Asia Financial Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 11.93%.

Asia Financial Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Asia Financial Holdings'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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Asia Financial Holdings Gross-Profit-to-Asset % Chart

Asia Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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9.79

9.30

11.33

10.53

14.32

Asia Financial Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															11.61	8.66	12.21	16.90	11.93

Competitive Comparison of Asia Financial Holdings's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, Asia Financial Holdings'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.

Asia Financial Holdings's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Asia Financial Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Asia Financial Holdings's Gross-Profit-to-Asset % falls into.

Asia Financial Holdings Gross-Profit-to-Asset % Calculation

Asia Financial Holdings'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 )
	=	2131.29	/	( (14734.713	+	15035.394)	/ 2 )
	=	2131.29	/	14885.0535
	=	14.32 %

Asia Financial Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1774.7	/	( (14708.954	+	15035.394)	/ 2 )
	=	1774.7	/	14872.174
	=	11.93 %

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

Asia Financial Holdings Gross-Profit-to-Asset % Related Terms

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Asia Financial Holdings (HKSE:00662) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Asia Financial Holdings Ltd (HKSE:00662) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road Central, 16th Floor, Worldwide House, Hong Kong, HKG

Website

https://www.afh.hk

Asia Financial Holdings Ltd operates in the financial services industry of Hong Kong. Its key offering is comprised of insurance products ranging from general insurance to life insurance, which is provided through its subsidiaries of China. The company's segment include the Insurance segment engages in the provision of the underwriting of general and life insurance; the Corporate segment engages in securities trading and holding and other businesses. Majority of the revenue is derived from Insurance segment. Its revenue is derived from operations carried out in Hong Kong, Macau and Mainland China.

Executives

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Chan Bernard Charnwut	2201 Interest of corporation controlled by you
Chan Yau Hing, Robin	2201 Interest of corporation controlled by you
Bangkok Bank Public Company Limited	2101 Beneficial owner
Sompo Holdings, Inc.	2201 Interest of corporation controlled by you
Sompo Japan Insurance Inc. (formerly Known As Sompo Japan Nipponkoa Insurance Inc.)	2101 Beneficial owner

Asia Financial Holdings (HKSE:00662) Headlines

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