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Zhejiang Dingli Machinery Co (SHSE:603338) Gross-Profit-to-Asset % : 16.64% (As of Mar. 2024)


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What is Zhejiang Dingli 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. Zhejiang Dingli Machinery Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥2,387 Mil. Zhejiang Dingli Machinery Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥14,346 Mil. Therefore, Zhejiang Dingli Machinery Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.64%.


Zhejiang Dingli Machinery Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Dingli 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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Zhejiang Dingli Machinery Co Gross-Profit-to-Asset % Chart

Zhejiang Dingli 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 22.43 19.23 18.76 15.82 18.68

Zhejiang Dingli 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 16.26 18.17 21.37 18.33 16.64

Competitive Comparison of Zhejiang Dingli Machinery Co's Gross-Profit-to-Asset %

For the Farm & Heavy Construction Machinery subindustry, Zhejiang Dingli 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.


Zhejiang Dingli Machinery Co's Gross-Profit-to-Asset % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhejiang Dingli Machinery Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang Dingli Machinery Co Gross-Profit-to-Asset % Calculation

Zhejiang Dingli 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 )
=2429.523/( (11801.809+14207.301)/ 2 )
=2429.523/13004.555
=18.68 %

Zhejiang Dingli 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 )
=2387.192/( (14207.301+14485.64)/ 2 )
=2387.192/14346.4705
=16.64 %

* 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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Zhejiang Dingli Machinery Co (SHSE:603338) Business Description

Traded in Other Exchanges
N/A
Address
No.1255, Baiyun South Road, Leidian Town, Deqing, CHN, 313219
Zhejiang Dingli Machinery Co Ltd is engaged in research and development, manufacturing, sales and service of various types of aerial work platforms. The company's main products cover arm, scissor and mast type with self Walking control intelligence, safety and environmental protection, large coverage. Its products are mainly used in aircraft and shipbuilding and maintenance, construction and installation, roads, bridge construction, municipal engineering, storage supermarkets and other fields.

Zhejiang Dingli Machinery Co (SHSE:603338) Headlines

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