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Jiangxi Guotai Group Co (SHSE:603977) Gross-Profit-to-Asset % : 12.07% (As of Mar. 2024)


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What is Jiangxi Guotai Group 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. Jiangxi Guotai Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥650 Mil. Jiangxi Guotai Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥5,384 Mil. Therefore, Jiangxi Guotai Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 12.07%.


Jiangxi Guotai Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Jiangxi Guotai Group 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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Jiangxi Guotai Group Co Gross-Profit-to-Asset % Chart

Jiangxi Guotai Group 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 18.22 18.04 17.64 16.34 17.62

Jiangxi Guotai Group 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 11.71 20.36 20.04 19.48 12.07

Competitive Comparison of Jiangxi Guotai Group Co's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Jiangxi Guotai Group 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.


Jiangxi Guotai Group Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

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

* The bar in red indicates where Jiangxi Guotai Group Co's Gross-Profit-to-Asset % falls into.



Jiangxi Guotai Group Co Gross-Profit-to-Asset % Calculation

Jiangxi Guotai Group 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 )
=911.831/( (4946.174+5405.28)/ 2 )
=911.831/5175.727
=17.62 %

Jiangxi Guotai Group 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 )
=650.028/( (5405.28+5362.088)/ 2 )
=650.028/5383.684
=12.07 %

* 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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Jiangxi Guotai Group Co (SHSE:603977) Business Description

Traded in Other Exchanges
N/A
Address
No. 699, Gaoxin Avenue, Nanchang High-tech Industrial Development Zone, Jiangxi Province, Nanchang, CHN, 330096
Jiangxi Guotai Group Co Ltd, formerly Jiangxi Guotai Industrial Explosive Material Group Co Ltd is the civil explosive equipment manufacturers based in China. The principal business activities of the company include research and development, production, sales and blasting services of civil blasting equipment. The company's product line consists of an industrial detonator, industrial explosives, industrial cable, information product and intelligent equipment. Its products are mainly used for mining and infrastructure construction.

Jiangxi Guotai Group Co (SHSE:603977) Headlines

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