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Zhejiang Gongdong Medical Technology Co (SHSE:605369) Gross-Profit-to-Asset % : 19.31% (As of Sep. 2024)


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What is Zhejiang Gongdong Medical 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 Gongdong Medical Technology Co's annualized Gross Profit for the quarter that ended in Sep. 2024 was ¥380 Mil. Zhejiang Gongdong Medical Technology Co's average Total Assets over the quarter that ended in Sep. 2024 was ¥1,966 Mil. Therefore, Zhejiang Gongdong Medical Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 19.31%.


Zhejiang Gongdong Medical Technology Co Gross-Profit-to-Asset % Historical Data

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

Zhejiang Gongdong Medical Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 49.10 40.97 34.56 32.62 17.00

Zhejiang Gongdong Medical 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 17.51 19.06 18.93 19.37 19.31

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

For the Medical Instruments & Supplies subindustry, Zhejiang Gongdong Medical 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 Gongdong Medical Technology Co's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zhejiang Gongdong Medical Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang Gongdong Medical Technology Co Gross-Profit-to-Asset % Calculation

Zhejiang Gongdong Medical 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 )
=318.393/( (1867.488+1877.685)/ 2 )
=318.393/1872.5865
=17.00 %

Zhejiang Gongdong Medical 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 )
=379.632/( (1944.503+1987.017)/ 2 )
=379.632/1965.76
=19.31 %

* 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 Gongdong Medical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Beiyuan Avenue, Huangyan District, Zhejiang Province, Taizhou, CHN, 318020
Zhejiang Gongdong Medical Technology Co Ltd is engaged in production and sales of disposable medical devices, and medical testing supplies. The company's products include Vacuum Blood collection system; Specimen Collection system; Petri Dish Family; Centrifugation Tube; Vaginal Speculum; Surgical Supplies; Pipette tip; Transfer Pipette; Test Tube; Test Tube Racks; and Colorimetric Cup.
Executives
Shi Hui Yong Director
Zhong Wei Feng Directors, senior managers
Jin Shi Wei Directors, senior managers
Lai Shang Xiao senior management
Jiang Xi Xi senior management
Gao Yuan senior management

Zhejiang Gongdong Medical Technology Co Headlines

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