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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Gross-Profit-to-Asset % : 20.22% (As of Mar. 2024)


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What is Solax Power Network Technology (Zhejiang) 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. Solax Power Network Technology (Zhejiang) Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,096 Mil. Solax Power Network Technology (Zhejiang) Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥5,423 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 20.22%.


Solax Power Network Technology (Zhejiang) Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) Co Gross-Profit-to-Asset % Chart

Solax Power Network Technology (Zhejiang) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
32.96 37.94 129.89 87.93 41.57

Solax Power Network Technology (Zhejiang) Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 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 97.82 61.30 28.98 12.19 20.22

Competitive Comparison of Solax Power Network Technology (Zhejiang) Co's Gross-Profit-to-Asset %

For the Solar subindustry, Solax Power Network Technology (Zhejiang) 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.


Solax Power Network Technology (Zhejiang) Co's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solax Power Network Technology (Zhejiang) Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Solax Power Network Technology (Zhejiang) Co's Gross-Profit-to-Asset % falls into.



Solax Power Network Technology (Zhejiang) Co Gross-Profit-to-Asset % Calculation

Solax Power Network Technology (Zhejiang) 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 )
=1784.679/( (3230.254+5355.18)/ 2 )
=1784.679/4292.717
=41.57 %

Solax Power Network Technology (Zhejiang) 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 )
=1096.272/( (5355.18+5490.021)/ 2 )
=1096.272/5422.6005
=20.22 %

* 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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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.

Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Headlines

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