GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ningbo Energy Group Co Ltd (SHSE:600982) » Definitions » Gross-Profit-to-Asset %

Ningbo Energy Group Co (SHSE:600982) Gross-Profit-to-Asset % : 5.03% (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Ningbo Energy 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. Ningbo Energy Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥686 Mil. Ningbo Energy Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥13,651 Mil. Therefore, Ningbo Energy Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.03%.


Ningbo Energy Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Ningbo Energy 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.

* Premium members only.

Ningbo Energy Group Co Gross-Profit-to-Asset % Chart

Ningbo Energy 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 6.74 6.27 6.91 4.88 4.58

Ningbo Energy 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 4.64 3.98 4.79 5.37 5.03

Competitive Comparison of Ningbo Energy Group Co's Gross-Profit-to-Asset %

For the Utilities - Regulated Electric subindustry, Ningbo Energy 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.


Ningbo Energy Group Co's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ningbo Energy Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Ningbo Energy Group Co Gross-Profit-to-Asset % Calculation

Ningbo Energy 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 )
=594.573/( (12207.621+13782.088)/ 2 )
=594.573/12994.8545
=4.58 %

Ningbo Energy 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 )
=685.992/( (13782.088+13519.41)/ 2 )
=685.992/13650.749
=5.03 %

* 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.


Ningbo Energy Group Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Ningbo Energy Group Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ningbo Energy Group Co (SHSE:600982) Business Description

Traded in Other Exchanges
N/A
Address
Ningbo Economic and Technological Development Zone, Dagang Industrial City, Zhejiang Province, Ningbo, CHN, 315042
Ningbo Energy Group Co Ltd is a China-based electricity producer. The company is engaged in the generation and distribution of electricity, heat, and ash. Its main business is cogeneration. The company conducts its business mainly in Beilun Chunxiao area and part of the heating area of Beilun City, Jinhua Jinxi Development Zone, and Yujiao Huangjiatun Town.

Ningbo Energy Group Co (SHSE:600982) Headlines

No Headlines