Guangzhou Tech-Long Packing Machine Co (SZSE:002209) Gross-Profit-to-Asset % : 12.21% (As of Mar. 2024)

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What is Guangzhou Tech-Long Packing Machine 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. Guangzhou Tech-Long Packing Machine Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥255 Mil. Guangzhou Tech-Long Packing Machine Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥2,088 Mil. Therefore, Guangzhou Tech-Long Packing Machine Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 12.21%.

Guangzhou Tech-Long Packing Machine Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Guangzhou Tech-Long Packing Machine 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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Guangzhou Tech-Long Packing Machine Co Gross-Profit-to-Asset % Chart

Guangzhou Tech-Long Packing Machine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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13.94

15.61

11.55

14.57

16.40

Guangzhou Tech-Long Packing Machine 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															7.38	21.35	18.69	17.37	12.21

Competitive Comparison of Guangzhou Tech-Long Packing Machine Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Guangzhou Tech-Long Packing Machine 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.

Guangzhou Tech-Long Packing Machine Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangzhou Tech-Long Packing Machine Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Guangzhou Tech-Long Packing Machine Co's Gross-Profit-to-Asset % falls into.

Guangzhou Tech-Long Packing Machine Co Gross-Profit-to-Asset % Calculation

Guangzhou Tech-Long Packing Machine 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 )
	=	309.561	/	( (1723.676	+	2051.133)	/ 2 )
	=	309.561	/	1887.4045
	=	16.40 %

Guangzhou Tech-Long Packing Machine 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 )
	=	254.908	/	( (2051.133	+	2124.234)	/ 2 )
	=	254.908	/	2087.6835
	=	12.21 %

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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Guangzhou Tech-Long Packing Machine Co (SZSE:002209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Tech-Long Packing Machine Co Ltd (SZSE:002209) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23, Yunpu 1 Road, Huangpu District, Guangzhou, CHN, 510530

Website

http://www.tech-long.com

Guangzhou Tech-long Packing Machine Co. Ltd is a provider of turnkey solutions for global liquid product manufacturers. The company mainly provides equipment for the liquid packaging industry. Its products offer water treatment solutions, beverage pre-treatment systems, and others. The product portfolio includes water treatment system, blow molding machines, filling machine, large container filling machine, packaging machine, conveying machine and others.

Executives

Chen Gang	Director
Zhang Chong Ming	Executives
Zhang Song Ming	Directors, executives
Xie Wei	Supervisors
Wang Hao Hui	Independent director
Zou Da Qun	Director
Kong Xiang Jie	Directors, executives
Zhang Zan Ming	Executives
Wang Wei Dong	Directors, executives
Wang Zhong	Directors, executives

Guangzhou Tech-Long Packing Machine Co (SZSE:002209) Headlines

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