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Tianjin Tianyao Pharmaceutical Co (SHSE:600488) Gross-Profit-to-Asset % : 25.33% (As of Mar. 2024)


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What is Tianjin Tianyao Pharmaceutical 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. Tianjin Tianyao Pharmaceutical Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,553 Mil. Tianjin Tianyao Pharmaceutical Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥6,132 Mil. Therefore, Tianjin Tianyao Pharmaceutical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 25.33%.


Tianjin Tianyao Pharmaceutical Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Tianjin Tianyao Pharmaceutical 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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Tianjin Tianyao Pharmaceutical Co Gross-Profit-to-Asset % Chart

Tianjin Tianyao Pharmaceutical 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 29.93 24.12 28.52 27.86 27.45

Tianjin Tianyao Pharmaceutical 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 32.56 29.68 22.51 23.78 25.33

Competitive Comparison of Tianjin Tianyao Pharmaceutical Co's Gross-Profit-to-Asset %

For the Drug Manufacturers - Specialty & Generic subindustry, Tianjin Tianyao Pharmaceutical 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.


Tianjin Tianyao Pharmaceutical Co's Gross-Profit-to-Asset % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tianjin Tianyao Pharmaceutical Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tianjin Tianyao Pharmaceutical Co's Gross-Profit-to-Asset % falls into.



Tianjin Tianyao Pharmaceutical Co Gross-Profit-to-Asset % Calculation

Tianjin Tianyao Pharmaceutical 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 )
=1756.184/( (6650.7+6142.482)/ 2 )
=1756.184/6396.591
=27.45 %

Tianjin Tianyao Pharmaceutical 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 )
=1553.024/( (6142.482+6121.673)/ 2 )
=1553.024/6132.0775
=25.33 %

* 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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Tianjin Tianyao Pharmaceutical Co (SHSE:600488) Business Description

Traded in Other Exchanges
N/A
Address
No. 109 Bawei Road, Hedong District, Tianjin, Tianjin, CHN, 300171
Tianjin Tianyao Pharmaceutical Co Ltd is a China-based company engages in the development, manufacture, distribution, and export of pharmaceutical products. Its products include corticosteroids and cardiovascular medicine, dexamethasone, and cortisone acetate.

Tianjin Tianyao Pharmaceutical Co (SHSE:600488) Headlines

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