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Fujian Longxi Bearing Group Co (SHSE:600592) Gross-Profit-to-Asset % : 14.82% (As of Mar. 2024)


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What is Fujian Longxi Bearing Group 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. Fujian Longxi Bearing Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥551 Mil. Fujian Longxi Bearing Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥3,718 Mil. Therefore, Fujian Longxi Bearing Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.82%.


Fujian Longxi Bearing Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Fujian Longxi Bearing Group 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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Fujian Longxi Bearing Group Co Gross-Profit-to-Asset % Chart

Fujian Longxi Bearing Group 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 8.77 10.36 11.88 11.88 11.45

Fujian Longxi Bearing Group 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 14.23 12.20 10.21 9.25 14.82

Competitive Comparison of Fujian Longxi Bearing Group Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Fujian Longxi Bearing Group 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.


Fujian Longxi Bearing Group Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fujian Longxi Bearing Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Fujian Longxi Bearing Group Co's Gross-Profit-to-Asset % falls into.



Fujian Longxi Bearing Group Co Gross-Profit-to-Asset % Calculation

Fujian Longxi Bearing Group 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 )
=415.874/( (3569.407+3697.207)/ 2 )
=415.874/3633.307
=11.45 %

Fujian Longxi Bearing Group 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 )
=551.096/( (3697.207+3738.301)/ 2 )
=551.096/3717.754
=14.82 %

* 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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Fujian Longxi Bearing Group Co (SHSE:600592) Business Description

Traded in Other Exchanges
N/A
Address
Yan'an North Road, Zhangzhou, Fujian, CHN, 363000
Fujian Longxi Bearing Group Co Ltd manufactures spherical plain bearings. It is engaged in the production of spherical plain bearings (SPB), tapered roller bearings, gears, rolling functional components, gearboxes, automobile parts and knitting mechanical equipment.

Fujian Longxi Bearing Group Co (SHSE:600592) Headlines

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