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Rizhao Port Co (SHSE:600017) Gross-Profit-to-Asset % : 5.32% (As of Mar. 2024)


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What is Rizhao Port Co 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. Rizhao Port Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥2,085 Mil. Rizhao Port Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥39,208 Mil. Therefore, Rizhao Port Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.32%.


Rizhao Port Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Rizhao Port Co'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.

Rizhao Port Co Gross-Profit-to-Asset % Chart

Rizhao Port Co 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 5.85 5.81 6.15 5.94 4.92

Rizhao Port Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 6.58 6.62 4.93 2.57 5.32

Competitive Comparison of Rizhao Port Co's Gross-Profit-to-Asset %

For the Marine Shipping subindustry, Rizhao Port Co'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.


Rizhao Port Co's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Rizhao Port Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Rizhao Port Co's Gross-Profit-to-Asset % falls into.



Rizhao Port Co Gross-Profit-to-Asset % Calculation

Rizhao Port Co'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 )
=1867.011/( (36575.413+39311.497)/ 2 )
=1867.011/37943.455
=4.92 %

Rizhao Port Co'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 )
=2084.724/( (39311.497+39105.481)/ 2 )
=2084.724/39208.489
=5.32 %

* 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.


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Rizhao Port Co (SHSE:600017) Business Description

Traded in Other Exchanges
N/A
Address
Haibin 2nd Road, Rizhao, Shandong, CHN, 276826
Rizhao Port Co Ltd provides cargo handling and storage services in China. It is involved in the handling and storage of ore, coal, cement, nickel ore, aluminum, vanadium, steel, coke, grain, wood chips, and other bulk cargoes, as well as crude oil, liquid chemicals, and containers.

Rizhao Port Co (SHSE:600017) Headlines

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