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Zhejiang Huasheng Technology Co (SHSE:605180) Gross-Profit-to-Asset % : 6.77% (As of Sep. 2024)


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What is Zhejiang Huasheng Technology 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 Huasheng Technology Co's annualized Gross Profit for the quarter that ended in Sep. 2024 was ¥79.8 Mil. Zhejiang Huasheng Technology Co's average Total Assets over the quarter that ended in Sep. 2024 was ¥1,177.4 Mil. Therefore, Zhejiang Huasheng Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 6.77%.


Zhejiang Huasheng Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Huasheng Technology 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 Huasheng Technology Co Gross-Profit-to-Asset % Chart

Zhejiang Huasheng Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 33.70 33.52 28.77 6.63 5.27

Zhejiang Huasheng Technology 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 4.32 6.70 8.59 9.31 6.77

Competitive Comparison of Zhejiang Huasheng Technology Co's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Zhejiang Huasheng Technology 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 Huasheng Technology Co's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Huasheng Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang Huasheng Technology Co Gross-Profit-to-Asset % Calculation

Zhejiang Huasheng Technology 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 )
=59.545/( (1127.285+1131.778)/ 2 )
=59.545/1129.5315
=5.27 %

Zhejiang Huasheng Technology 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 )
=79.76/( (1175.196+1179.678)/ 2 )
=79.76/1177.437
=6.77 %

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


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Zhejiang Huasheng Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Hongqi Avenue, Maqiao Street, Jiaxing City, Zhejiang Province, Haining, CHN, 314419
Zhejiang Huasheng Technology Co Ltd is engaged in the research and development, production and sales of plastic composite materials. The company's main products are airtight materials and flexible materials. Among them, airtight materials include brushed air cushion materials and inflatable yacht materials, which are mainly used in sports and leisure fields such as paddle boards, gymnastics mats, and inflatable yachts; flexible materials include canopy materials and light box advertising materials, which are mainly used in transportation, logistics, and planes. Advertising and other fields.

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