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Castech (SZSE:002222) Gross-Profit-to-Asset % : 24.55% (As of Mar. 2024)


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What is Castech 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. Castech's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥434.9 Mil. Castech's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,771.6 Mil. Therefore, Castech's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 24.55%.


Castech Gross-Profit-to-Asset % Historical Data

The historical data trend for Castech'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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Castech Gross-Profit-to-Asset % Chart

Castech 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 25.87 26.32 29.25 29.97 26.25

Castech 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 28.37 26.19 27.88 24.54 24.55

Competitive Comparison of Castech's Gross-Profit-to-Asset %

For the Electronic Components subindustry, Castech'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.


Castech's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Castech's Gross-Profit-to-Asset % distribution charts can be found below:

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



Castech Gross-Profit-to-Asset % Calculation

Castech'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 )
=439.155/( (1584.64+1761.241)/ 2 )
=439.155/1672.9405
=26.25 %

Castech'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 )
=434.912/( (1761.241+1781.929)/ 2 )
=434.912/1771.585
=24.55 %

* 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.


Castech Gross-Profit-to-Asset % Related Terms

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Castech (SZSE:002222) Business Description

Industry
Traded in Other Exchanges
N/A
Address
155 Yangqiao WestRoad, Fuzhou, Fujian, CHN, 350002
Castech Inc is a manufacturer and supplier of crystals and optical components. The company manufactures a wide range of high precision spherical, cylindrical and flat optics components for original equipment manufacturer customers from industries of the laser, telecom, biomedical instruments and analysis instruments. More than 80% of the company's products exported to North America, Europe, Japan and other Asian countries.
Executives
Chen Hui Director
Xie Fa Li Director
Chen Qiu Hua Executives
Yao Yuan Gen Director
Wang Xi Dan Supervisors

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