REM Group (Holdings) (HKSE:01750) Gross-Profit-to-Asset % : 25.72% (As of Dec. 2023)

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What is REM Group (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. REM Group (Holdings)'s annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$52.9 Mil. REM Group (Holdings)'s average Total Assets over the quarter that ended in Dec. 2023 was HK$205.7 Mil. Therefore, REM Group (Holdings)'s annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 25.72%.

REM Group (Holdings) Gross-Profit-to-Asset % Historical Data

The historical data trend for REM Group (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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REM Group (Holdings) Gross-Profit-to-Asset % Chart

REM Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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21.65

0.87

4.98

18.07

19.05

REM Group (Holdings) Semi-Annual Data
	Dec15	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											2.73	11.09	24.97	13.95	25.72

Competitive Comparison of REM Group (Holdings)'s Gross-Profit-to-Asset %

For the Electrical Equipment & Parts subindustry, REM Group (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.

REM Group (Holdings)'s Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, REM Group (Holdings)'s Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where REM Group (Holdings)'s Gross-Profit-to-Asset % falls into.

REM Group (Holdings) Gross-Profit-to-Asset % Calculation

REM Group (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 )
	=	41.921	/	( (236.09	+	204.04)	/ 2 )
	=	41.921	/	220.065
	=	19.05 %

REM Group (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 )
	=	52.906	/	( (207.422	+	204.04)	/ 2 )
	=	52.906	/	205.731
	=	25.72 %

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.

REM Group (Holdings) Gross-Profit-to-Asset % Related Terms

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REM Group (Holdings) (HKSE:01750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » REM Group (Holdings) Ltd (HKSE:01750) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

N/A

Address

No. 70 Wing Tai Road, Unit 5, 4th Floor, Chai Wan Industrial City Phase II, Hong Kong, HKG

Website

http://www.rem-group.com.hk

REM Group (Holdings) Ltd is a manufacturer and supplier of low-voltage electrical power distribution and control devices., including low-voltage switchboard, local motor control panel, motor control center, electrical distribution board, control box, and electrical parts and replacements and by location of delivery to customers in Hong Kong and PRC. Geographically, it derives the majority of revenue in PRC.

Executives

Huang Xiao Ying	2202 Interest of your spouse
Unique Best Limited	2101 Beneficial owner
Wan Union Limited	2201 Interest of corporation controlled by you
Wans Limited	2201 Interest of corporation controlled by you
Lam Yin	2202 Interest of your spouse
Leung Ka Wai	2201 Interest of corporation controlled by you
Que Emi	2202 Interest of your spouse
Wan Man Keung	2201 Interest of corporation controlled by you
Wun Chi Wai	2201 Interest of corporation controlled by you
Wan Chak Ming	2101 Beneficial owner
Wan Po Kwan	2101 Beneficial owner

REM Group (Holdings) (HKSE:01750) Headlines

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