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China Merchants Energy Shipping Co (SHSE:601872) Gross-Profit-to-Asset % : 11.66% (As of Dec. 2023)


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What is China Merchants Energy Shipping 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 Merchants Energy Shipping Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was ¥7,225 Mil. China Merchants Energy Shipping Co's average Total Assets over the quarter that ended in Dec. 2023 was ¥61,942 Mil. Therefore, China Merchants Energy Shipping Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 11.66%.


China Merchants Energy Shipping Co Gross-Profit-to-Asset % Historical Data

The historical data trend for China Merchants Energy Shipping 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 Merchants Energy Shipping Co Gross-Profit-to-Asset % Chart

China Merchants Energy Shipping 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 6.44 8.08 7.43 10.37 10.49

China Merchants Energy Shipping Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.58 9.83 12.84 8.93 11.66

Competitive Comparison of China Merchants Energy Shipping Co's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, China Merchants Energy Shipping 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 Merchants Energy Shipping Co's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Merchants Energy Shipping Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



China Merchants Energy Shipping Co Gross-Profit-to-Asset % Calculation

China Merchants Energy Shipping 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 )
=6704.329/( (65473.822+62394.662)/ 2 )
=6704.329/63934.242
=10.49 %

China Merchants Energy Shipping Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=7224.512/( (61488.448+62394.662)/ 2 )
=7224.512/61941.555
=11.66 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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China Merchants Energy Shipping Co (SHSE:601872) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Zhongshan East 1st Road, Shanghai, Shanghai, CHN, 200002
China Merchants Energy Shipping Co Ltd is a China-based company engages in the tanker transportation, bulk cargo vessel transportation and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to the customers from China, Japan, Korea, Southeast Asia and the United States and other countries.

China Merchants Energy Shipping Co (SHSE:601872) Headlines

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