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Zhejiang Damon Technology Co (SHSE:688360) Gross-Profit-to-Asset % : 13.23% (As of Mar. 2024)


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What is Zhejiang Damon 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 Damon Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥340 Mil. Zhejiang Damon Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥2,568 Mil. Therefore, Zhejiang Damon Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.23%.


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

The historical data trend for Zhejiang Damon 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.

* Premium members only.

Zhejiang Damon Technology Co Gross-Profit-to-Asset % Chart

Zhejiang Damon Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.54 18.47 17.39 18.67 14.99

Zhejiang Damon Technology 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 17.58 18.20 18.02 15.61 13.23

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

For the Specialty Industrial Machinery subindustry, Zhejiang Damon 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 Damon Technology Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Damon Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



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

Zhejiang Damon 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 )
=319.496/( (1724.112+2537.553)/ 2 )
=319.496/2130.8325
=14.99 %

Zhejiang Damon Technology 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 )
=339.864/( (2537.553+2598.966)/ 2 )
=339.864/2568.2595
=13.23 %

* 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 Damon Technology Co (SHSE:688360) Business Description

Traded in Other Exchanges
N/A
Address
Shangqiang Industrial Zone, Zhejiang Province, Daixi Town, Huzhou, CHN, 313023
Zhejiang Damon Technology Co Ltd is a providers of intelligent logistics system solutions and key equipment in China. The company's business is divided into four divisions namely Dynamic storage division; Damon Australia division; Conveying sorting division; and Logistics components division. Its intelligent logistics equipment is widely used in intelligent manufacturing, e-commerce, express logistics, clothing, medicine, tobacco, new retail and other fields.
Executives
Wang Kai Director
Zhuo Xu Directors, senior managers
Guo Ai Hua Directors, senior managers
Wu Zhong Hua senior management

Zhejiang Damon Technology Co (SHSE:688360) Headlines

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