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Lichen China (Lichen China) Gross-Profit-to-Asset % : 47.62% (As of Dec. 2023)


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What is Lichen China 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. Lichen China's annualized Gross Profit for the quarter that ended in Dec. 2023 was $28.98 Mil. Lichen China's average Total Assets over the quarter that ended in Dec. 2023 was $60.87 Mil. Therefore, Lichen China's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 47.62%.


Lichen China Gross-Profit-to-Asset % Historical Data

The historical data trend for Lichen China'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.

Lichen China Gross-Profit-to-Asset % Chart

Lichen China Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
56.48 53.68 45.14 43.40

Lichen China Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial 42.67 47.57 42.99 38.27 47.62

Competitive Comparison of Lichen China's Gross-Profit-to-Asset %

For the Specialty Business Services subindustry, Lichen China'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.


Lichen China's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lichen China's Gross-Profit-to-Asset % distribution charts can be found below:

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



Lichen China Gross-Profit-to-Asset % Calculation

Lichen China'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 )
=24.32/( (46.525+65.545)/ 2 )
=24.32/56.035
=43.40 %

Lichen China'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 )
=28.984/( (56.192+65.545)/ 2 )
=28.984/60.8685
=47.62 %

* 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.


Lichen China Gross-Profit-to-Asset % Related Terms

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Lichen China (Lichen China) Business Description

Traded in Other Exchanges
N/A
Address
888 Century Avenue Meiling Street, Tower 3, Jinjiang Wanda Plaza Commercial Complex, B2306, Block B, Fujian Province, Jinjiang, CHN, 362000
Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.