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China Xinhua Education Group (HKSE:02779) Gross-Profit-to-Asset % : 6.70% (As of Dec. 2023)


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What is China Xinhua Education 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. China Xinhua Education Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$313.1 Mil. China Xinhua Education Group's average Total Assets over the quarter that ended in Dec. 2023 was HK$4,670.4 Mil. Therefore, China Xinhua Education Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 6.70%.


China Xinhua Education Group Gross-Profit-to-Asset % Historical Data

The historical data trend for China Xinhua Education 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.

* Premium members only.

China Xinhua Education Group Gross-Profit-to-Asset % Chart

China Xinhua Education Group 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 8.63 9.37 10.00 8.64 8.63

China Xinhua Education Group Semi-Annual Data
Dec14 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 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 8.54 10.97 7.05 11.26 6.70

Competitive Comparison of China Xinhua Education Group's Gross-Profit-to-Asset %

For the Education & Training Services subindustry, China Xinhua Education 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.


China Xinhua Education Group's Gross-Profit-to-Asset % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Xinhua Education Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where China Xinhua Education Group's Gross-Profit-to-Asset % falls into.



China Xinhua Education Group Gross-Profit-to-Asset % Calculation

China Xinhua Education Group'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 )
=413.4/( (4681.17+4895.378)/ 2 )
=413.4/4788.274
=8.63 %

China Xinhua Education Group'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 )
=313.114/( (4445.371+4895.378)/ 2 )
=313.114/4670.3745
=6.70 %

* 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.


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China Xinhua Education Group (HKSE:02779) Business Description

Traded in Other Exchanges
N/A
Address
No. 555 West Wangjiangxi Road, High-Tech Development Zone, Anhui Province, Hefei, CHN, 230088
China Xinhua Education Group Ltd is principally engaged in the provision of education services in China. It mainly provides private formal higher education and formal secondary vocational education in the Yangtze River Delta. It currently operates four private schools, namely Anhui Xinhua University, School of Clinical Medicine jointly operated by the Group and Anhui Medical University, Hongshan College, a college jointly operated by the Group and Nanjing University of Finance & Economics Hongshan College, and Anhui Xinhua School. The company generates revenues from tuition fees, and boarding fees out of which tuition fees contribute the majority part.

China Xinhua Education Group (HKSE:02779) Headlines

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