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Longwen Group (Longwen Group) Gross-Profit-to-Asset % : 7.38% (As of Mar. 2024)


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What is Longwen 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. Longwen Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was $0.04 Mil. Longwen Group's average Total Assets over the quarter that ended in Mar. 2024 was $0.60 Mil. Therefore, Longwen Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.38%.


Longwen Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Longwen 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.

Longwen Group Gross-Profit-to-Asset % Chart

Longwen Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.10 3.04

Longwen Group Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 13.65 66.05 -0.53 -70.88 7.38

Competitive Comparison of Longwen Group's Gross-Profit-to-Asset %

For the Consulting Services subindustry, Longwen 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.


Longwen Group's Gross-Profit-to-Asset % Distribution in the Business Services Industry

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

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



Longwen Group Gross-Profit-to-Asset % Calculation

Longwen 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 )
=0.019/( (0.406+0.844)/ 2 )
=0.019/0.625
=3.04 %

Longwen Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0.044/( (0.844+0.348)/ 2 )
=0.044/0.596
=7.38 %

* 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 four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Longwen Group Gross-Profit-to-Asset % Related Terms

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Longwen Group (Longwen Group) Business Description

Traded in Other Exchanges
N/A
Address
Room 219, No. 25, Caihe Road, Shangcheng District, Zhejiang Province, Hangzhou, CHN, 310002
Longwen Group Corp is engaged in project development and management and to provide consulting services in cultural fields, including antique project promotion and development, traditional magazine project cooperation and development, the marketing and development of audio and visual products, etc.
Executives
Douglas P Martin 10 percent owner 26 KING ST, ST PACOME, QUEBEC CANADA A1 9999999999

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