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Zhejiang Xinhua Chemical Co (SHSE:603867) Gross-Profit-to-Asset % : 15.96% (As of Jun. 2024)


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What is Zhejiang Xinhua Chemical 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 Xinhua Chemical Co's annualized Gross Profit for the quarter that ended in Jun. 2024 was ¥639 Mil. Zhejiang Xinhua Chemical Co's average Total Assets over the quarter that ended in Jun. 2024 was ¥4,004 Mil. Therefore, Zhejiang Xinhua Chemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 15.96%.


Zhejiang Xinhua Chemical Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Xinhua Chemical 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.

Zhejiang Xinhua Chemical Co Gross-Profit-to-Asset % Chart

Zhejiang Xinhua Chemical 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 20.63 20.92 17.52 19.32 15.68

Zhejiang Xinhua Chemical Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 14.18 18.07 14.04 16.69 15.96

Competitive Comparison of Zhejiang Xinhua Chemical Co's Gross-Profit-to-Asset %

For the Chemicals subindustry, Zhejiang Xinhua Chemical 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 Xinhua Chemical Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Xinhua Chemical Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang Xinhua Chemical Co Gross-Profit-to-Asset % Calculation

Zhejiang Xinhua Chemical 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 )
=603.898/( (3732.733+3970.558)/ 2 )
=603.898/3851.6455
=15.68 %

Zhejiang Xinhua Chemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=639.284/( (3972.715+4036.016)/ 2 )
=639.284/4004.3655
=15.96 %

* 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 (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Zhejiang Xinhua Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 909 Xinanjiang Road, Yangxi Street, Zhejiang Province, Jiande, CHN, 311607
Zhejiang Xinhua Chemical Co Ltd is mainly engaged in the production and operation of Organic Amine series, Aroma chemical series, Peroxide series,Synthetic Ammonia series and other fine chemicals.
Executives
Fang Jun Wei Supervisors
Bao Jiang Feng Directors, senior managers
Hu Jian Hong senior management
Ying Si Bin Director

Zhejiang Xinhua Chemical Co Headlines

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