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Shandong Iron & Steel Co (SHSE:600022) Gross-Profit-to-Asset % : 0.19% (As of Mar. 2024)


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What is Shandong Iron & Steel 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. Shandong Iron & Steel Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥130 Mil. Shandong Iron & Steel Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥67,310 Mil. Therefore, Shandong Iron & Steel Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 0.19%.


Shandong Iron & Steel Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shandong Iron & Steel 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.

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Shandong Iron & Steel Co Gross-Profit-to-Asset % Chart

Shandong Iron & Steel 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 6.63 8.16 13.37 8.03 5.34

Shandong Iron & Steel 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 4.21 5.74 6.14 5.19 0.19

Competitive Comparison of Shandong Iron & Steel Co's Gross-Profit-to-Asset %

For the Steel subindustry, Shandong Iron & Steel 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.


Shandong Iron & Steel Co's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shandong Iron & Steel Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shandong Iron & Steel Co's Gross-Profit-to-Asset % falls into.



Shandong Iron & Steel Co Gross-Profit-to-Asset % Calculation

Shandong Iron & Steel 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 )
=3623.323/( (69080.481+66751.416)/ 2 )
=3623.323/67915.9485
=5.34 %

Shandong Iron & Steel 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 )
=129.824/( (66751.416+67868.627)/ 2 )
=129.824/67310.0215
=0.19 %

* 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.


Shandong Iron & Steel Co Gross-Profit-to-Asset % Related Terms

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Shandong Iron & Steel Co (SHSE:600022) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Gongye North Road, Licheng District, Shandong Province, Jinan, CHN, 250101
Shandong Iron & Steel Co Ltd is a China-based company engaged in manufacturing and marketing steel materials. The company produces cold-formed steel, galvanized coil, composite board, hot rolled equal angle steel, hot-rolled channel steel and other products.

Shandong Iron & Steel Co (SHSE:600022) Headlines

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