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Zhejiang Xinao Textiles (SHSE:603889) Gross-Profit-to-Asset % : 15.32% (As of Mar. 2025)


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What is Zhejiang Xinao Textiles 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 Xinao Textiles's annualized Gross Profit for the quarter that ended in Mar. 2025 was ¥917 Mil. Zhejiang Xinao Textiles's average Total Assets over the quarter that ended in Mar. 2025 was ¥5,982 Mil. Therefore, Zhejiang Xinao Textiles's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 was 15.32%.


Zhejiang Xinao Textiles Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Xinao Textiles'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 Xinao Textiles Gross-Profit-to-Asset % Chart

Zhejiang Xinao Textiles Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.78 18.09 17.24 16.07 16.21

Zhejiang Xinao Textiles Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 15.67 22.09 14.89 11.67 15.32

Competitive Comparison of Zhejiang Xinao Textiles's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Zhejiang Xinao Textiles'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 Xinao Textiles's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Xinao Textiles's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinao Textiles's Gross-Profit-to-Asset % falls into.


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Zhejiang Xinao Textiles Gross-Profit-to-Asset % Calculation

Zhejiang Xinao Textiles's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=918.912/( (5645.28+5689.47)/ 2 )
=918.912/5667.375
=16.21 %

Zhejiang Xinao Textiles's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=916.612/( (5689.47+6275.368)/ 2 )
=916.612/5982.419
=15.32 %

* 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. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Zhejiang Xinao Textiles Gross-Profit-to-Asset % Related Terms

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Zhejiang Xinao Textiles Business Description

Traded in Other Exchanges
N/A
Address
Guanzhuang Bridge, Chongfu Town, Zhejiang Province, Tongxiang City, CHN, 314511
Zhejiang Xinao Textiles Inc along with its subsidiaries is engaged in research, development, production & sales of worsted yarn. The company's main products and services include: worsted, woolen pure wool, and wool blended yarns; woolen, worsted pure cashmere and cashmere blended yarns.
Executives
Liu Pei Yi Directors, senior managers
Hua Xin Zhong Directors, senior managers
Shen Jian Bo Directors, senior managers
Chen Xing senior management
Wang Ling Hua Directors, senior managers
Yu Xiao Lu senior management
Shen Jian Hua Director
Ping Fen Supervisors
Chen Xue Ming Supervisors
Zhou Xiao Tian Director
Li Xin Xue Director
Zhu Gen Ming Director
Wang Ru Ming Supervisors
Tan Lian Gen senior management
Shen Juan Fen Director

Zhejiang Xinao Textiles Headlines

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