GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GSP Automotive Group Wenzhou Co Ltd (SHSE:605088) » Definitions » Gross-Profit-to-Asset %

GSP Automotive Group Wenzhou Co (SHSE:605088) Gross-Profit-to-Asset % : 17.77% (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is GSP Automotive Group Wenzhou 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. GSP Automotive Group Wenzhou Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥795 Mil. GSP Automotive Group Wenzhou Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥4,474 Mil. Therefore, GSP Automotive Group Wenzhou Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 17.77%.


GSP Automotive Group Wenzhou Co Gross-Profit-to-Asset % Historical Data

The historical data trend for GSP Automotive Group Wenzhou 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.

GSP Automotive Group Wenzhou Co Gross-Profit-to-Asset % Chart

GSP Automotive Group Wenzhou 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 34.66 21.43 20.31 23.45 22.79

GSP Automotive Group Wenzhou 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 17.49 25.89 23.24 21.22 17.77

Competitive Comparison of GSP Automotive Group Wenzhou Co's Gross-Profit-to-Asset %

For the Auto Parts subindustry, GSP Automotive Group Wenzhou 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.


GSP Automotive Group Wenzhou Co's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GSP Automotive Group Wenzhou Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



GSP Automotive Group Wenzhou Co Gross-Profit-to-Asset % Calculation

GSP Automotive Group Wenzhou 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 )
=857.578/( (3138.536+4385.924)/ 2 )
=857.578/3762.23
=22.79 %

GSP Automotive Group Wenzhou 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 )
=794.928/( (4385.924+4562.571)/ 2 )
=794.928/4474.2475
=17.77 %

* 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.


GSP Automotive Group Wenzhou Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of GSP Automotive Group Wenzhou Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


GSP Automotive Group Wenzhou Co (SHSE:605088) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gaoxiang Road,, Ouhai High-tech Industrial Park, Zhejiang Province, Wenzhou, CHN, 325006
GSP Automotive Group Wenzhou Co Ltd is engaged in the research, development, production and sales of automotive transmission system components. The company produces drive shafts, constant velocity joint kits, hub assemblies wheel bearings and rubber-to-metal components. Its product categories include Drive Shaft; CV Joint; Boot Kits; Hub Assembly; Wheel Bearing; Rubber Mounting; and Steering and Suspension.

GSP Automotive Group Wenzhou Co (SHSE:605088) Headlines

No Headlines