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Zhejiang Huada New Materials Co (SHSE:605158) Gross-Profit-to-Asset % : 7.40% (As of Mar. 2024)


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What is Zhejiang Huada 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. Zhejiang Huada New Materials Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥470 Mil. Zhejiang Huada New Materials Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥6,346 Mil. Therefore, Zhejiang Huada New Materials Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.40%.


Zhejiang Huada New Materials Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Huada 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.

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Zhejiang Huada New Materials Co Gross-Profit-to-Asset % Chart

Zhejiang Huada 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 29.86 28.23 19.13 11.71 10.93

Zhejiang Huada 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 14.05 9.30 11.25 10.30 7.40

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

For the Steel subindustry, Zhejiang Huada 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.


Zhejiang Huada New Materials Co's Gross-Profit-to-Asset % Distribution in the Steel Industry

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

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



Zhejiang Huada New Materials Co Gross-Profit-to-Asset % Calculation

Zhejiang Huada 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 )
=610.953/( (5144.588+6035.43)/ 2 )
=610.953/5590.009
=10.93 %

Zhejiang Huada 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 )
=469.58/( (6035.43+6655.888)/ 2 )
=469.58/6345.659
=7.40 %

* 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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Zhejiang Huada New Materials Co (SHSE:605158) Business Description

Traded in Other Exchanges
N/A
Address
No. 198, Daqiao South Road, Dayuan Town, Fuyang District, Zhejiang Province, Hangzhou, CHN, 311413
Zhejiang Huada New Materials Co Ltd is engaged in the research and development, production and sales of ultra-fine crystal cold-rolled steel plate, high-strength corrosion-resistant hot-dip zinc steel plate, color steel plate and coated color printing plate.

Zhejiang Huada New Materials Co (SHSE:605158) Headlines

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