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Sobute New Materials Co (SHSE:603916) Gross-Profit-to-Asset % : 10.22% (As of Mar. 2024)


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What is Sobute New Materials 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. Sobute New Materials Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥811 Mil. Sobute New Materials Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥7,932 Mil. Therefore, Sobute New Materials Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.22%.


Sobute New Materials Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Sobute New Materials 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.

Sobute New Materials Co Gross-Profit-to-Asset % Chart

Sobute New Materials 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 35.18 24.38 22.75 16.63 16.01

Sobute New Materials 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 12.90 18.84 15.55 18.06 10.22

Competitive Comparison of Sobute New Materials Co's Gross-Profit-to-Asset %

For the Building Materials subindustry, Sobute New Materials 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.


Sobute New Materials Co's Gross-Profit-to-Asset % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sobute New Materials Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Sobute New Materials Co's Gross-Profit-to-Asset % falls into.



Sobute New Materials Co Gross-Profit-to-Asset % Calculation

Sobute New Materials 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 )
=1257.891/( (7751.496+7960.203)/ 2 )
=1257.891/7855.8495
=16.01 %

Sobute New Materials 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 )
=810.96/( (7960.203+7903.878)/ 2 )
=810.96/7932.0405
=10.22 %

* 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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Sobute New Materials Co (SHSE:603916) Business Description

Traded in Other Exchanges
N/A
Address
Chun Street Liquan Road 118, Jiangning District, Nanjing, CHN, 211100
Sobute New Materials Co Ltd is a civil engineering material supplier. It is engaged in the research and development, production and sales of concrete admixtures. The company's products include Cement and concrete admixtures; Grouting material; Road construction material; and Building fiber.
Executives
Mou Chang Wen Director
Hong Jin Xiang senior management
Mao Liang Xi Directors, senior managers
Xu Yue senior management
Zhang Yong senior management
Zhang Yue Xing Supervisors
Zhang Jian Xiong Director
Liu Jia Ping Director
Chen Jian Hua Director

Sobute New Materials Co (SHSE:603916) Headlines

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