Yutong Bus Co (SHSE:600066) Gross-Profit-to-Asset % : 20.88% (As of Mar. 2024)

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What is Yutong Bus 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. Yutong Bus Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥6,574 Mil. Yutong Bus Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥31,492 Mil. Therefore, Yutong Bus Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 20.88%.

Yutong Bus Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Yutong Bus 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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Yutong Bus Co Gross-Profit-to-Asset % Chart

Yutong Bus Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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20.26

10.83

13.23

16.01

22.80

Yutong Bus 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															10.34	23.97	24.00	33.53	20.88

Competitive Comparison of Yutong Bus Co's Gross-Profit-to-Asset %

For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.

Yutong Bus Co's Gross-Profit-to-Asset % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's Gross-Profit-to-Asset % distribution charts can be found below:

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

Yutong Bus Co Gross-Profit-to-Asset % Calculation

Yutong Bus 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 )
	=	6935.998	/	( (29998.383	+	30856.956)	/ 2 )
	=	6935.998	/	30427.6695
	=	22.80 %

Yutong Bus 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 )
	=	6573.96	/	( (30856.956	+	32126.818)	/ 2 )
	=	6573.96	/	31491.887
	=	20.88 %

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.

Yutong Bus Co Gross-Profit-to-Asset % Related Terms

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Yutong Bus Co (SHSE:600066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yutong Bus Co Ltd (SHSE:600066) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

N/A

Address

66 Yuxing Road, Zhengzhou Economic and Technological Development Zone, Henan Province, Zhengzhou, CHN, 450016

Website

http://www.yutong.com

Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.

Yutong Bus Co (SHSE:600066) Headlines

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