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Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Gross-Profit-to-Asset % : 21.08% (As of Mar. 2024)


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What is Inner Mongolia Xinhua Distribution Group 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. Inner Mongolia Xinhua Distribution Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥937 Mil. Inner Mongolia Xinhua Distribution Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥4,446 Mil. Therefore, Inner Mongolia Xinhua Distribution Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 21.08%.


Inner Mongolia Xinhua Distribution Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Inner Mongolia Xinhua Distribution Group 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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Inner Mongolia Xinhua Distribution Group Co Gross-Profit-to-Asset % Chart

Inner Mongolia Xinhua Distribution Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 20.70 20.56 20.75 17.09 17.53

Inner Mongolia Xinhua Distribution Group Co Quarterly Data
Dec17 Dec18 Dec19 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 23.39 9.52 24.78 11.74 21.08

Competitive Comparison of Inner Mongolia Xinhua Distribution Group Co's Gross-Profit-to-Asset %

For the Specialty Retail subindustry, Inner Mongolia Xinhua Distribution Group 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.


Inner Mongolia Xinhua Distribution Group Co's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Inner Mongolia Xinhua Distribution Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Xinhua Distribution Group Co's Gross-Profit-to-Asset % falls into.



Inner Mongolia Xinhua Distribution Group Co Gross-Profit-to-Asset % Calculation

Inner Mongolia Xinhua Distribution Group 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 )
=738.848/( (4026.798+4403.658)/ 2 )
=738.848/4215.228
=17.53 %

Inner Mongolia Xinhua Distribution Group 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 )
=936.928/( (4403.658+4487.689)/ 2 )
=936.928/4445.6735
=21.08 %

* 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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Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Business Description

Traded in Other Exchanges
N/A
Address
No. 56, Xinhua Street, No. 1, 4th Floor, Office Building 1, Inner Mongolia Autonomous Region, Hohhot, CHN
Inner Mongolia Xinhua Distribution Group Co Ltd is engaged in the wholesale and retail of publications; retail of cultural and sports goods; distribution of audio-visual products.

Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Headlines

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