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China National Gold Group Gold Jewellery Co (SHSE:600916) Gross-Profit-to-Asset % : 22.43% (As of Mar. 2024)


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What is China National Gold Group Gold Jewellery 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. China National Gold Group Gold Jewellery Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥2,988 Mil. China National Gold Group Gold Jewellery Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥13,320 Mil. Therefore, China National Gold Group Gold Jewellery Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 22.43%.


China National Gold Group Gold Jewellery Co Gross-Profit-to-Asset % Historical Data

The historical data trend for China National Gold Group Gold Jewellery 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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China National Gold Group Gold Jewellery Co Gross-Profit-to-Asset % Chart

China National Gold Group Gold Jewellery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 24.79 16.60 15.42 16.21 18.81

China National Gold Group Gold Jewellery Co Quarterly Data
Dec18 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 21.31 19.56 15.91 18.00 22.43

Competitive Comparison of China National Gold Group Gold Jewellery Co's Gross-Profit-to-Asset %

For the Luxury Goods subindustry, China National Gold Group Gold Jewellery 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.


China National Gold Group Gold Jewellery Co's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China National Gold Group Gold Jewellery Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where China National Gold Group Gold Jewellery Co's Gross-Profit-to-Asset % falls into.



China National Gold Group Gold Jewellery Co Gross-Profit-to-Asset % Calculation

China National Gold Group Gold Jewellery 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 )
=2326.268/( (11630.273+13110.281)/ 2 )
=2326.268/12370.277
=18.81 %

China National Gold Group Gold Jewellery 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 )
=2988.232/( (13110.281+13528.793)/ 2 )
=2988.232/13319.537
=22.43 %

* 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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China National Gold Group Gold Jewellery Co (SHSE:600916) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jingyuan North Street, Room 305, Building 49, Economic and Technological Development Zone, Beijing, CHN, 100176
China National Gold Group Gold & Jewelery Co Ltd is a professional gold jewelry production and sales enterprise specializing in the operation of the China Gold brand.

China National Gold Group Gold Jewellery Co (SHSE:600916) Headlines

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