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TCL Electronics Holdings (HKSE:01070) Gross-Profit-to-Asset % : 26.64% (As of Dec. 2023)


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What is TCL Electronics 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. TCL Electronics Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$16,511 Mil. TCL Electronics Holdings's average Total Assets over the quarter that ended in Dec. 2023 was HK$61,980 Mil. Therefore, TCL Electronics Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 26.64%.


TCL Electronics Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for TCL Electronics 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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TCL Electronics Holdings Gross-Profit-to-Asset % Chart

TCL Electronics Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.15 22.56 22.41 22.87 24.62

TCL Electronics 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 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 23.52 19.52 25.70 22.75 26.64

Competitive Comparison of TCL Electronics Holdings's Gross-Profit-to-Asset %

For the Consumer Electronics subindustry, TCL Electronics 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.


TCL Electronics Holdings's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TCL Electronics Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

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



TCL Electronics Holdings Gross-Profit-to-Asset % Calculation

TCL Electronics 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 )
=14755.695/( (55108.941+64776.45)/ 2 )
=14755.695/59942.6955
=24.62 %

TCL Electronics 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 )
=16511.3/( (59183.286+64776.45)/ 2 )
=16511.3/61979.868
=26.64 %

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


TCL Electronics Holdings Gross-Profit-to-Asset % Related Terms

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TCL Electronics Holdings (HKSE:01070) Business Description

Traded in Other Exchanges
Address
22 Science Park East Avenue, 5th Floor, Building 22E, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.

TCL Electronics Holdings (HKSE:01070) Headlines

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