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Hangzhou Freely Communication Co (SHSE:603602) Gross-Profit-to-Asset % : 14.68% (As of Mar. 2024)


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What is Hangzhou Freely Communication 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. Hangzhou Freely Communication Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥246 Mil. Hangzhou Freely Communication Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,676 Mil. Therefore, Hangzhou Freely Communication Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.68%.


Hangzhou Freely Communication Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hangzhou Freely Communication 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.

* Premium members only.

Hangzhou Freely Communication Co Gross-Profit-to-Asset % Chart

Hangzhou Freely Communication 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 10.72 6.73 6.12 8.70 11.83

Hangzhou Freely Communication 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 8.11 12.82 13.39 14.33 14.68

Competitive Comparison of Hangzhou Freely Communication Co's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Hangzhou Freely Communication 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.


Hangzhou Freely Communication Co's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hangzhou Freely Communication Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hangzhou Freely Communication Co's Gross-Profit-to-Asset % falls into.



Hangzhou Freely Communication Co Gross-Profit-to-Asset % Calculation

Hangzhou Freely Communication 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 )
=194.195/( (1592.903+1691.555)/ 2 )
=194.195/1642.229
=11.83 %

Hangzhou Freely Communication 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 )
=245.988/( (1691.555+1659.468)/ 2 )
=245.988/1675.5115
=14.68 %

* 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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Hangzhou Freely Communication Co (SHSE:603602) Business Description

Traded in Other Exchanges
N/A
Address
No. 459, Momo Road, 24th Floor, Block B, Concentration Center, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310012
Hangzhou Freely Communication Co Ltd is a communication network technology service provider. It is mainly engaged in communication extension network construction, communication network generation and communication network optimization. The company's service portfolio consists of base station installation engineering services, indoor distribution system technical services, integrated access technology services and network generation services.
Executives
Wu Hai Tao Director
Wei Shi Chao Director
Lin Ai Hua Director
Su Wei Feng Director
Zhu Jin Long Director
Pu Shu Director
Jia Li Ming Director
Wu Jian Min Supervisors

Hangzhou Freely Communication Co (SHSE:603602) Headlines

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