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Weihai Baihe Biology Technological Co (SHSE:603102) Gross-Profit-to-Asset % : 17.42% (As of Mar. 2024)


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What is Weihai Baihe Biology Technological 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. Weihai Baihe Biology Technological Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥303.0 Mil. Weihai Baihe Biology Technological Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,739.0 Mil. Therefore, Weihai Baihe Biology Technological Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 17.42%.


Weihai Baihe Biology Technological Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Weihai Baihe Biology Technological 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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Weihai Baihe Biology Technological Co Gross-Profit-to-Asset % Chart

Weihai Baihe Biology Technological Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 34.20 37.43 33.40 20.48 19.18

Weihai Baihe Biology Technological Co Quarterly Data
Dec16 Dec17 Dec18 Dec19 Mar20 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 21.73 19.96 16.90 18.03 17.42

Competitive Comparison of Weihai Baihe Biology Technological Co's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, Weihai Baihe Biology Technological 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.


Weihai Baihe Biology Technological Co's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Weihai Baihe Biology Technological Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Weihai Baihe Biology Technological Co's Gross-Profit-to-Asset % falls into.



Weihai Baihe Biology Technological Co Gross-Profit-to-Asset % Calculation

Weihai Baihe Biology Technological 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 )
=325.907/( (1661.983+1736.159)/ 2 )
=325.907/1699.071
=19.18 %

Weihai Baihe Biology Technological 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 )
=302.972/( (1736.159+1741.776)/ 2 )
=302.972/1738.9675
=17.42 %

* 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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Weihai Baihe Biology Technological Co (SHSE:603102) Business Description

Traded in Other Exchanges
N/A
Address
No. 552, Chengda Road, Swan Lake Economic and Technological Development Zone, Rongcheng City, Shandong Province, Weihai, CHN, 264321
Weihai Baihe Biology Technological Co Ltd is engaged in the research and development, production and sales of nutritional health food.

Weihai Baihe Biology Technological Co (SHSE:603102) Headlines

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