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Suzhou Veichi Electric Co (SHSE:688698) Gross-Profit-to-Asset % : 18.87% (As of Mar. 2025)


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What is Suzhou Veichi Electric 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. Suzhou Veichi Electric Co's annualized Gross Profit for the quarter that ended in Mar. 2025 was ¥584 Mil. Suzhou Veichi Electric Co's average Total Assets over the quarter that ended in Mar. 2025 was ¥3,094 Mil. Therefore, Suzhou Veichi Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 was 18.87%.


Suzhou Veichi Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Suzhou Veichi Electric 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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Suzhou Veichi Electric Co Gross-Profit-to-Asset % Chart

Suzhou Veichi Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 28.45 23.09 23.72 24.51 22.86

Suzhou Veichi Electric Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 19.73 25.21 23.07 23.24 18.87

Competitive Comparison of Suzhou Veichi Electric Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Suzhou Veichi Electric 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.


Suzhou Veichi Electric Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Suzhou Veichi Electric Co's Gross-Profit-to-Asset % falls into.


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Suzhou Veichi Electric Co Gross-Profit-to-Asset % Calculation

Suzhou Veichi Electric Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=642.181/( (2544.181+3073.968)/ 2 )
=642.181/2809.0745
=22.86 %

Suzhou Veichi Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=584.012/( (3073.968+3114.661)/ 2 )
=584.012/3094.3145
=18.87 %

* 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. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Suzhou Veichi Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1000, Songjia Road, Guoxiang Street, Wuzhong Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Veichi Electric Co Ltd is engaged in the development, manufacturing and marketing of industrial automation control products. The products include Frequency Inverter, Servo System, Solar Pump Inverter, Automation Equipment and more, mainly serving smart factories, intelligent equipment's, robots, new energy and other applications.

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