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Shanghai Newtouch Software Co (SHSE:688590) Gross-Profit-to-Asset % : 16.37% (As of Mar. 2024)


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What is Shanghai Newtouch Software 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. Shanghai Newtouch Software Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥469 Mil. Shanghai Newtouch Software Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥2,867 Mil. Therefore, Shanghai Newtouch Software Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.37%.


Shanghai Newtouch Software Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shanghai Newtouch Software 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.

Shanghai Newtouch Software Co Gross-Profit-to-Asset % Chart

Shanghai Newtouch Software 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 27.29 20.58 20.06 12.06 17.42

Shanghai Newtouch Software 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 13.65 21.88 15.67 21.26 16.37

Competitive Comparison of Shanghai Newtouch Software Co's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, Shanghai Newtouch Software 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.


Shanghai Newtouch Software Co's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Newtouch Software Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shanghai Newtouch Software Co's Gross-Profit-to-Asset % falls into.



Shanghai Newtouch Software Co Gross-Profit-to-Asset % Calculation

Shanghai Newtouch Software 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 )
=442.411/( (2380.204+2699.69)/ 2 )
=442.411/2539.947
=17.42 %

Shanghai Newtouch Software 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 )
=469.148/( (2699.69+3033.756)/ 2 )
=469.148/2866.723
=16.37 %

* 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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Shanghai Newtouch Software Co (SHSE:688590) Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Lane 91, Eshan Road, Building No. 1, Software Park, 4th -6th Floor, Pilot Free Trade Zone, Shanghai, CHN, 200127
Shanghai Newtouch Software Co Ltd focuses on providing IT solutions, IT operation and maintenance services to insurance companies, banks and other financial institutions and end customers in other industries such as telecommunications, automobiles, and medical care.
Executives
Shi Hai Core technical personnel
Zhang Zhe Bin Core technical personnel
Guo Wei Director
Feng Guo Dong Core technical personnel

Shanghai Newtouch Software Co (SHSE:688590) Headlines

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