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Tongqinglou Catering Co (SHSE:605108) Gross-Profit-to-Asset % : 16.05% (As of Mar. 2024)


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What is Tongqinglou Catering 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. Tongqinglou Catering Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥681 Mil. Tongqinglou Catering Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥4,245 Mil. Therefore, Tongqinglou Catering Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.05%.


Tongqinglou Catering Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Tongqinglou Catering 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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Tongqinglou Catering Co Gross-Profit-to-Asset % Chart

Tongqinglou Catering 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 65.40 15.66 12.41 10.67 18.57

Tongqinglou Catering 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 17.72 16.09 17.08 22.89 16.05

Competitive Comparison of Tongqinglou Catering Co's Gross-Profit-to-Asset %

For the Specialty Business Services subindustry, Tongqinglou Catering 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.


Tongqinglou Catering Co's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tongqinglou Catering Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tongqinglou Catering Co's Gross-Profit-to-Asset % falls into.



Tongqinglou Catering Co Gross-Profit-to-Asset % Calculation

Tongqinglou Catering 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 )
=639.283/( (2901.429+3983.661)/ 2 )
=639.283/3442.545
=18.57 %

Tongqinglou Catering 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 )
=681.488/( (3983.661+4507.143)/ 2 )
=681.488/4245.402
=16.05 %

* 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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Tongqinglou Catering Co (SHSE:605108) Business Description

Traded in Other Exchanges
N/A
Address
Building 9, No. 10 Wangang Road, Baohe District, Anhui Province, Hefei, CHN, 230051
Tongqinglou Catering Co Ltd is a provider of catering services. The company provides catering (limited to branches); hotel management consulting and training services, tobacco and alcohol retail (limited to branches), conference services; wedding services, among others.
Executives
Wang Shou Feng Director

Tongqinglou Catering Co (SHSE:605108) Headlines

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