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Shanghai Lianming Machinery Co (SHSE:603006) Gross-Profit-to-Asset % : 6.66% (As of Mar. 2024)


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What is Shanghai Lianming Machinery 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. Shanghai Lianming Machinery Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥148 Mil. Shanghai Lianming Machinery Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥2,230 Mil. Therefore, Shanghai Lianming Machinery Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.66%.


Shanghai Lianming Machinery Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shanghai Lianming Machinery 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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Shanghai Lianming Machinery Co Gross-Profit-to-Asset % Chart

Shanghai Lianming Machinery 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 11.44 13.43 12.83 12.84 12.94

Shanghai Lianming Machinery 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 9.42 10.00 13.06 20.44 6.66

Competitive Comparison of Shanghai Lianming Machinery Co's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Shanghai Lianming Machinery 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.


Shanghai Lianming Machinery Co's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Lianming Machinery Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shanghai Lianming Machinery Co's Gross-Profit-to-Asset % falls into.



Shanghai Lianming Machinery Co Gross-Profit-to-Asset % Calculation

Shanghai Lianming Machinery 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 )
=294.073/( (2290.444+2256.289)/ 2 )
=294.073/2273.3665
=12.94 %

Shanghai Lianming Machinery 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 )
=148.464/( (2256.289+2203.965)/ 2 )
=148.464/2230.127
=6.66 %

* 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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Shanghai Lianming Machinery Co (SHSE:603006) Business Description

Traded in Other Exchanges
N/A
Address
950, Shiwan Liu Road, Pudong New Area, Shanghai, CHN
Shanghai Lianming Machinery Co Ltd is a manufacturer of automotive components. The company's products includes car body parts, such as stamping and welding assembly products for automotive OEMs.

Shanghai Lianming Machinery Co (SHSE:603006) Headlines

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