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Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Gross-Profit-to-Asset % : 13.58% (As of Mar. 2024)


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What is Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥380 Mil. Shanghai Automobile Air-Conditioner Accessories Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥2,799 Mil. Therefore, Shanghai Automobile Air-Conditioner Accessories Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.58%.


Shanghai Automobile Air-Conditioner Accessories Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories Co Gross-Profit-to-Asset % Chart

Shanghai Automobile Air-Conditioner Accessories Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 24.70 22.18 20.40 21.80 17.92

Shanghai Automobile Air-Conditioner Accessories Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Dec21 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 20.84 21.81 29.92 17.80 13.58

Competitive Comparison of Shanghai Automobile Air-Conditioner Accessories Co's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories Co's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Shanghai Automobile Air-Conditioner Accessories Co's Gross-Profit-to-Asset % falls into.



Shanghai Automobile Air-Conditioner Accessories Co Gross-Profit-to-Asset % Calculation

Shanghai Automobile Air-Conditioner Accessories 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 )
=396.363/( (1593.055+2829.765)/ 2 )
=396.363/2211.41
=17.92 %

Shanghai Automobile Air-Conditioner Accessories 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 )
=379.92/( (2829.765+2767.46)/ 2 )
=379.92/2798.6125
=13.58 %

* 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 Automobile Air-Conditioner Accessories Co (SHSE:603107) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1188, Lianxi Road, Pudong New Area, Shanghai, CHN, 201204
Website
Shanghai Automobile Air-Conditioner Accessories Co Ltd is engaged in research & development, production and sales of automobile parts such as air conditioning pipes and fuel distribution pipes.

Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Headlines

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