Chongqing Machinery & Electric Co (HKSE:02722) Gross-Profit-to-Asset % : 8.98% (As of Dec. 2024)

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What is Chongqing Machinery & Electric 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. Chongqing Machinery & Electric Co's annualized Gross Profit for the quarter that ended in Dec. 2024 was HK$1,683 Mil. Chongqing Machinery & Electric Co's average Total Assets over the quarter that ended in Dec. 2024 was HK$18,740 Mil. Therefore, Chongqing Machinery & Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 8.98%.

Chongqing Machinery & Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Chongqing Machinery & Electric 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.

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Chongqing Machinery & Electric Co Gross-Profit-to-Asset % Chart

Chongqing Machinery & Electric Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross-Profit-to-Asset %

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8.18

9.07

7.89

8.28

8.62

Chongqing Machinery & Electric 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															9.03	8.27	8.13	8.48	8.98

Competitive Comparison of Chongqing Machinery & Electric Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Chongqing Machinery & Electric 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.

Chongqing Machinery & Electric Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chongqing Machinery & Electric Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Chongqing Machinery & Electric Co's Gross-Profit-to-Asset % falls into.

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Chongqing Machinery & Electric Co Gross-Profit-to-Asset % Calculation

Chongqing Machinery & Electric Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2024 )	/	( (Total Assets (A: Dec. 2023 )	+	Total Assets (A: Dec. 2024 ))	/ count )
	=	1635.774	/	( (19125.909	+	18808.893)	/ 2 )
	=	1635.774	/	18967.401
	=	8.62 %

Chongqing Machinery & Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	1682.792	/	( (18671.333	+	18808.893)	/ 2 )
	=	1682.792	/	18740.113
	=	8.98 %

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

Chongqing Machinery & Electric Co Gross-Profit-to-Asset % Related Terms

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Chongqing Machinery & Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chongqing Machinery & Electric Co Ltd (HKSE:02722) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

CE3:Germany

Address

No. 60 Middle Section of Huangshan Avenue, New North Zone, Chongqing, CHN, 401123

Website

https://www.chinacqme.com

Chongqing Machinery & Electric Co Ltd is principally engaged in designing, manufacturing, and sales of automobile parts and components, power equipment, general machinery, CNC machine tools, and trade & finance business. It also engages in the operation of equipment manufacturing, real estate development, financial investment, import and export trade, advisory services, and new technology. The company's operating segments include Engine division, General machinery division, General machinery division, Wire and cable division, Intelligent manufacturing division, CNC machine tools division, High voltage transformer division, Material sales division, Financial services division and Other divisions.

Executives

Chong Qing Yu Fu Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Ji Dian Kong Gu Ji Tuan Gong Si	2101 Beneficial owner

Chongqing Machinery & Electric Co Headlines

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