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Shin HsiungNatural Gas (ROCO:8908) Gross-Profit-to-Asset % : 9.56% (As of Jun. 2024)


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What is Shin HsiungNatural Gas 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. Shin HsiungNatural Gas's annualized Gross Profit for the quarter that ended in Jun. 2024 was NT$893 Mil. Shin HsiungNatural Gas's average Total Assets over the quarter that ended in Jun. 2024 was NT$9,339 Mil. Therefore, Shin HsiungNatural Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 9.56%.


Shin HsiungNatural Gas Gross-Profit-to-Asset % Historical Data

The historical data trend for Shin HsiungNatural Gas'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.

Shin HsiungNatural Gas Gross-Profit-to-Asset % Chart

Shin HsiungNatural Gas 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 12.96 10.46 11.46 10.97 10.20

Shin HsiungNatural Gas Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.98 9.21 12.15 7.65 9.56

Competitive Comparison of Shin HsiungNatural Gas's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, Shin HsiungNatural Gas'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.


Shin HsiungNatural Gas's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin HsiungNatural Gas's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shin HsiungNatural Gas's Gross-Profit-to-Asset % falls into.



Shin HsiungNatural Gas Gross-Profit-to-Asset % Calculation

Shin HsiungNatural Gas'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 )
=859.761/( (8060.661+8799.611)/ 2 )
=859.761/8430.136
=10.20 %

Shin HsiungNatural Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=892.808/( (9277.236+9399.873)/ 2 )
=892.808/9338.5545
=9.56 %

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


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Shin HsiungNatural Gas Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Section 1, Guotai Road, Fengshan District, Kaohsiung, TWN, 830
Shin HsiungNatural Gas Inc is a supplier of natural gas. The main business scope includes gas supply through pipelines, manufacturing and sales of gas equipment, rental, sales and manufacturing of gas meters, and installation, maintenance and import of the related equipment.

Shin HsiungNatural Gas Headlines

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