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Shandong Minhe Animal Husbandry Co (SZSE:002234) Gross-Profit-to-Asset % : 6.85% (As of Mar. 2024)


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What is Shandong Minhe Animal Husbandry 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. Shandong Minhe Animal Husbandry Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥258 Mil. Shandong Minhe Animal Husbandry Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥3,773 Mil. Therefore, Shandong Minhe Animal Husbandry Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.85%.


Shandong Minhe Animal Husbandry Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shandong Minhe Animal Husbandry 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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Shandong Minhe Animal Husbandry Co Gross-Profit-to-Asset % Chart

Shandong Minhe Animal Husbandry Co 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 66.44 10.31 8.94 -3.08 1.76

Shandong Minhe Animal Husbandry 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 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 14.61 2.51 1.09 -12.12 6.85

Competitive Comparison of Shandong Minhe Animal Husbandry Co's Gross-Profit-to-Asset %

For the Farm Products subindustry, Shandong Minhe Animal Husbandry 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.


Shandong Minhe Animal Husbandry Co's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Minhe Animal Husbandry Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shandong Minhe Animal Husbandry Co's Gross-Profit-to-Asset % falls into.



Shandong Minhe Animal Husbandry Co Gross-Profit-to-Asset % Calculation

Shandong Minhe Animal Husbandry 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 )
=68.017/( (3954.817+3755.717)/ 2 )
=68.017/3855.267
=1.76 %

Shandong Minhe Animal Husbandry 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 )
=258.292/( (3755.717+3790.292)/ 2 )
=258.292/3773.0045
=6.85 %

* 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.


Shandong Minhe Animal Husbandry Co Gross-Profit-to-Asset % Related Terms

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Shandong Minhe Animal Husbandry Co (SZSE:002234) Business Description

Traded in Other Exchanges
N/A
Address
No. 2-3, Nanguan Road, Penglai, Shandong Province, Yantai, CHN, 265600
Shandong Minhe Animal Husbandry Co Ltd is a China-based company engaged mainly in the raising of breeding hens and commercial chickens. The product portfolio of the company includes min and chickens, eight immortals chicken products, conditioning products, fresh foods, and bio-organic fertilizer products.
Executives
Sun Xian Fa Directors, executives
Yu Le Hong Director
Zhang Dong Ming Directors, Directors, and Executives
Gao Xiao Tao Securities Affairs Representative
Qu Ping Executives
Sun Xi Min Director
Zhou Dong Directors, executives
Guo Zhi Chun Director

Shandong Minhe Animal Husbandry Co (SZSE:002234) Headlines

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