Far East Horizon (HKSE:03360) Gross-Profit-to-Asset % : 4.78% (As of Dec. 2023)

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What is Far East Horizon 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. Far East Horizon's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$18,617 Mil. Far East Horizon's average Total Assets over the quarter that ended in Dec. 2023 was HK$389,848 Mil. Therefore, Far East Horizon's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 4.78%.

Far East Horizon Gross-Profit-to-Asset % Historical Data

The historical data trend for Far East Horizon'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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Far East Horizon Gross-Profit-to-Asset % Chart

Far East Horizon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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5.39

5.50

5.22

4.87

4.81

Far East Horizon 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															4.89	5.02	4.70	4.72	4.78

Competitive Comparison of Far East Horizon's Gross-Profit-to-Asset %

For the Credit Services subindustry, Far East Horizon'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.

Far East Horizon's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Far East Horizon's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Far East Horizon's Gross-Profit-to-Asset % falls into.

Far East Horizon Gross-Profit-to-Asset % Calculation

Far East Horizon'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 )
	=	18553.801	/	( (387494.979	+	384444.942)	/ 2 )
	=	18553.801	/	385969.9605
	=	4.81 %

Far East Horizon'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 )
	=	18617.092	/	( (395251.657	+	384444.942)	/ 2 )
	=	18617.092	/	389848.2995
	=	4.78 %

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.

Far East Horizon Gross-Profit-to-Asset % Related Terms

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Far East Horizon (HKSE:03360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Far East Horizon Ltd (HKSE:03360) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

F6H:Germany

Address

1 Austin Road West, Unit 6608, 66th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

https://www.fehorizon.com

Far East Horizon Ltd is a specialty finance provider. Its services entail integrated finance, investment, trade, advisory and engineering services in healthcare, infrastructure construction, electronic information, packaging, transportation and other sectors. The company operates in two segments. The Financial, lease, and advisory business is the highest revenue-generating segment for the company that deals with the provision of direct finance leasing, sale-leaseback, factoring, entrusted loans, and advisory services. The industrial operation and management business segment deals with the import and export trade and domestic trade of medical equipment, the provision of trade agency services, medical engineering, hospital and healthcare management, and ship brokerage services.

Far East Horizon (HKSE:03360) Headlines

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