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Henan Lantian Gas Co (SHSE:605368) Gross-Profit-to-Asset % : 18.88% (As of Mar. 2024)


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What is Henan Lantian 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. Henan Lantian Gas Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,266 Mil. Henan Lantian Gas Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥6,707 Mil. Therefore, Henan Lantian Gas Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 18.88%.


Henan Lantian Gas Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Henan Lantian 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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Henan Lantian Gas Co Gross-Profit-to-Asset % Chart

Henan Lantian Gas 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 17.64 17.22 16.94 17.57 16.31

Henan Lantian Gas 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 20.54 15.92 17.02 13.57 18.88

Competitive Comparison of Henan Lantian Gas Co's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, Henan Lantian 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.


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

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

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



Henan Lantian Gas Co Gross-Profit-to-Asset % Calculation

Henan Lantian 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 )
=1057.585/( (6248.82+6717.569)/ 2 )
=1057.585/6483.1945
=16.31 %

Henan Lantian Gas 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 )
=1266.236/( (6717.569+6696.88)/ 2 )
=1266.236/6707.2245
=18.88 %

* 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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Henan Lantian Gas Co (SHSE:605368) Business Description

Traded in Other Exchanges
N/A
Address
West of North Section of Production Stree, Henan Province, Queshan County, Zhumadian, CHN, 463200
Henan Lantian Gas Co Ltd is involved in the natural gas transmission and sales business. The company's natural gas branch has a total length of more than 700 kilometers and covers a population of more than 50 million.

Henan Lantian Gas Co (SHSE:605368) Headlines

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