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Better Life Commercial Chain Share Co (SZSE:002251) Gross-Profit-to-Asset % : 4.48% (As of Sep. 2024)


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What is Better Life Commercial Chain Share 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. Better Life Commercial Chain Share Co's annualized Gross Profit for the quarter that ended in Sep. 2024 was ¥1,052 Mil. Better Life Commercial Chain Share Co's average Total Assets over the quarter that ended in Sep. 2024 was ¥23,490 Mil. Therefore, Better Life Commercial Chain Share Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 4.48%.


Better Life Commercial Chain Share Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Better Life Commercial Chain Share 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.

Better Life Commercial Chain Share Co Gross-Profit-to-Asset % Chart

Better Life Commercial Chain Share 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 20.31 18.08 14.85 7.04 5.18

Better Life Commercial Chain Share Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.52 4.97 6.60 4.85 4.48

Competitive Comparison of Better Life Commercial Chain Share Co's Gross-Profit-to-Asset %

For the Department Stores subindustry, Better Life Commercial Chain Share 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.


Better Life Commercial Chain Share Co's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Better Life Commercial Chain Share Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Better Life Commercial Chain Share Co's Gross-Profit-to-Asset % falls into.



Better Life Commercial Chain Share Co Gross-Profit-to-Asset % Calculation

Better Life Commercial Chain Share 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 )
=1348.173/( (27914.997+24142.733)/ 2 )
=1348.173/26028.865
=5.18 %

Better Life Commercial Chain Share Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1051.752/( (23467.627+23512.882)/ 2 )
=1051.752/23490.2545
=4.48 %

* 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 (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Better Life Commercial Chain Share Co Business Description

Traded in Other Exchanges
N/A
Address
Shaoshan West Road, Bubugao Building No.309, Xiangtan, Hunan, CHN, 411100
Better Life Commercial Chain Share Co Ltd operates in the retail industry. The company is engaged as department stores, supermarkets, home appliances, e-commerce, commercial real estate, convenience stores, and logistics.
Executives
Li Ruo Yu Director
Wang Tian Directors, executives
Yang Fang Directors, executives
Zhong Yong Li Director
Qu Wei Ping Supervisors

Better Life Commercial Chain Share Co Headlines

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