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Xinjiang Hongtong Gas Co (SHSE:605169) Gross-Profit-to-Asset % : 27.12% (As of Sep. 2024)


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What is Xinjiang Hongtong Gas 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. Xinjiang Hongtong Gas Co's annualized Gross Profit for the quarter that ended in Sep. 2024 was ¥674 Mil. Xinjiang Hongtong Gas Co's average Total Assets over the quarter that ended in Sep. 2024 was ¥2,485 Mil. Therefore, Xinjiang Hongtong Gas Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 27.12%.


Xinjiang Hongtong Gas Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Xinjiang Hongtong Gas 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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Xinjiang Hongtong Gas Co Gross-Profit-to-Asset % Chart

Xinjiang Hongtong Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 33.50 17.02 18.21 16.10 15.40

Xinjiang Hongtong Gas Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.61 19.64 8.00 19.91 27.12

Competitive Comparison of Xinjiang Hongtong Gas Co's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, Xinjiang Hongtong Gas 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.


Xinjiang Hongtong Gas Co's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang Hongtong Gas Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Xinjiang Hongtong Gas Co's Gross-Profit-to-Asset % falls into.



Xinjiang Hongtong Gas Co Gross-Profit-to-Asset % Calculation

Xinjiang Hongtong Gas 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 )
=382.183/( (2409.606+2555.275)/ 2 )
=382.183/2482.4405
=15.40 %

Xinjiang Hongtong Gas Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=673.984/( (2428.058+2541.485)/ 2 )
=673.984/2484.7715
=27.12 %

* 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 (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Xinjiang Hongtong Gas Co Business Description

Traded in Other Exchanges
N/A
Address
Renmin East Road, Korla City, Bazhou, Xinjiang Uygur Autonomous Region, Xinjiang, CHN, 841000
Xinjiang Hongtong Gas Co Ltd is engaged in production, processing, storage, transportation and sales of LNG and CNG, as well as sales of residential, commercial and industrial natural gas.

Xinjiang Hongtong Gas Co Headlines

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