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Nexteer Automotive Group (STU:8NX) Gross-Profit-to-Asset % : 12.56% (As of Jun. 2024)


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What is Nexteer Automotive Group 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. Nexteer Automotive Group's annualized Gross Profit for the quarter that ended in Jun. 2024 was €392 Mil. Nexteer Automotive Group's average Total Assets over the quarter that ended in Jun. 2024 was €3,121 Mil. Therefore, Nexteer Automotive Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 12.56%.

Nexteer Automotive Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Nexteer Automotive Group'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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Nexteer Automotive Group Gross-Profit-to-Asset % Chart

Nexteer Automotive Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.11 11.97 11.58 11.58 10.78

Nexteer Automotive Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 9.64 13.25 11.29 10.49 12.56

Competitive Comparison of Nexteer Automotive Group's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Nexteer Automotive Group'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.

Nexteer Automotive Group's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nexteer Automotive Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Nexteer Automotive Group's Gross-Profit-to-Asset % falls into.


Nexteer Automotive Group Gross-Profit-to-Asset % Calculation

Nexteer Automotive Group'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 )
=338/( (3148.505+3122.012)/ 2 )
=338/3135.2585
=10.78 %

Nexteer Automotive Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=391.902/( (3122.012+3120.725)/ 2 )
=391.902/3121.3685
=12.56 %

* 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 two times the semi-annual (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Nexteer Automotive Group Gross-Profit-to-Asset % Related Terms

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Nexteer Automotive Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nexteer Automotive Group Ltd (STU:8NX) » Definitions » Gross-Profit-to-Asset %
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HKSE:00179 HKSE:00819 HKSE:00360 HKSE:06830 HKSE:01809 HKSE:01760 HKSE:01571 HKSE:01899 HKSE:00305 HKSE:00951 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
NTXVF:USA 01316:Hong Kong
Address
1272 Doris Road, Auburn Hills, MI, USA, 48326
Website
https://www.nexteer.com
Nexteer Automotive Group Ltd offers advanced steering and driveline systems. The company's customers are automakers like BMW, Fiat Chrysler, Ford, GM, and Toyota, as well as automakers in India, South America, and China. The business units are electric power steering, hydraulic power steering, steering columns, driveline, and half shafts. The electric power steering includes columns, an intermediate shaft, and steering gear, EPS motors, sensors, controllers, and assist mechanisms. The Group classifies its businesses into three reportable segments: North America, Asia Pacific, and Europe, Middle East, Africa and South America (EMEASA). All of the Group's operating segments typically offer the same steering and driveline products, the majority are derived from North America.

Nexteer Automotive Group Headlines

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