GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Somi Conveyor Beltings Ltd (NSE:SOMICONVEY) » Definitions » Gross-Profit-to-Asset %

Somi Conveyor Beltings (NSE:SOMICONVEY) Gross-Profit-to-Asset % : 30.18% (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Somi Conveyor Beltings 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. Somi Conveyor Beltings's annualized Gross Profit for the quarter that ended in Sep. 2024 was ₹327 Mil. Somi Conveyor Beltings's average Total Assets over the quarter that ended in Sep. 2024 was ₹1,083 Mil. Therefore, Somi Conveyor Beltings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 30.18%.


Somi Conveyor Beltings Gross-Profit-to-Asset % Historical Data

The historical data trend for Somi Conveyor Beltings'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.

Somi Conveyor Beltings Gross-Profit-to-Asset % Chart

Somi Conveyor Beltings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.51 12.25 10.02 14.18 15.66

Somi Conveyor Beltings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 24.08 19.47 3.26 17.96 30.18

Competitive Comparison of Somi Conveyor Beltings's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Somi Conveyor Beltings'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.


Somi Conveyor Beltings's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Somi Conveyor Beltings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Somi Conveyor Beltings's Gross-Profit-to-Asset % falls into.



Somi Conveyor Beltings Gross-Profit-to-Asset % Calculation

Somi Conveyor Beltings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=166.904/( (1027.522+1104.42)/ 2 )
=166.904/1065.971
=15.66 %

Somi Conveyor Beltings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=326.832/( (0+1083.066)/ 1 )
=326.832/1083.066
=30.18 %

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


Somi Conveyor Beltings Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Somi Conveyor Beltings's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Somi Conveyor Beltings Business Description

Traded in Other Exchanges
Address
New Power House Road, 4 F-15, Oliver House, Near Bank of India, Jodhpur, IND, 342003
Somi Conveyor Beltings Ltd is a company engaged in the manufacture and sale of industrial conveyor belts. It offers products for the cement, sponge iron, power, and mining sectors. The product line of the company provides general-purpose, heat-resistant, fire-resistant, and oil-resistant conveyor belts. It also offers special-purpose conveyor belts, such as bulletproof, chevron, rough top, pipe conveyor, and fusion belts, as well as rubber sheets and mattings, maintenance conveyor belts, and steel cord beltings. The company operates in one single segment which is Manufacturing conveyor belts and generates revenue from the same.

Somi Conveyor Beltings Headlines

No Headlines