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Henan Mingtai Al Industrial Co (SHSE:601677) Gross-Profit-to-Asset % : 14.66% (As of Mar. 2024)


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What is Henan Mingtai Al Industrial 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. Henan Mingtai Al Industrial Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥3,172 Mil. Henan Mingtai Al Industrial Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥21,637 Mil. Therefore, Henan Mingtai Al Industrial Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.66%.


Henan Mingtai Al Industrial Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Henan Mingtai Al Industrial 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.

Henan Mingtai Al Industrial Co Gross-Profit-to-Asset % Chart

Henan Mingtai Al Industrial 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 15.88 15.66 19.83 14.31 12.44

Henan Mingtai Al Industrial 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 16.25 15.16 14.54 5.22 14.66

Competitive Comparison of Henan Mingtai Al Industrial Co's Gross-Profit-to-Asset %

For the Aluminum subindustry, Henan Mingtai Al Industrial 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.


Henan Mingtai Al Industrial Co's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Henan Mingtai Al Industrial Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Henan Mingtai Al Industrial Co's Gross-Profit-to-Asset % falls into.



Henan Mingtai Al Industrial Co Gross-Profit-to-Asset % Calculation

Henan Mingtai Al Industrial 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 )
=2500.14/( (18954.576+21242.608)/ 2 )
=2500.14/20098.592
=12.44 %

Henan Mingtai Al Industrial 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 )
=3172.436/( (21242.608+22030.517)/ 2 )
=3172.436/21636.5625
=14.66 %

* 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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Henan Mingtai Al Industrial Co (SHSE:601677) Business Description

Traded in Other Exchanges
N/A
Address
Huiguo Town Development Zone, Henan Province, Gongyi, CHN, 451283
Henan Mingtai Al Industrial Co Ltd is a China based aluminum processing enterprise. It is involved in the producing and selling aluminum products. The products offered by the company include CTP plate stock, PS plate stock, aluminum electrode capacitor foil, foil stock, deep-draw stock, brazing sheet, alloy sheet and plate, and others. The products are used in different industries such as automobile making, traffic and transportation, packaging and containers, buildings and decorations, electrical and electronic, printing, among others. The company has the business presence in China and other international countries.
Executives
Wang Li Jiao senior management
Lei Peng senior management
Hua Xin Min Director
Sun Jun Xun senior management
Sun Hui Peng Supervisors
Liu Jie Directors, senior managers
He Zhi Gang senior management
Du You Dong Director
Hao Ming Xia senior management
Li Hao Jie Supervisors
Lei Jing Guo Director
Ma Yue Ping Supervisors

Henan Mingtai Al Industrial Co (SHSE:601677) Headlines

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