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Letong Chemical Co (SZSE:002319) Gross-Profit-to-Asset % : 12.19% (As of Mar. 2025)


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What is Letong Chemical 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. Letong Chemical Co's annualized Gross Profit for the quarter that ended in Mar. 2025 was ¥70.2 Mil. Letong Chemical Co's average Total Assets over the quarter that ended in Mar. 2025 was ¥576.0 Mil. Therefore, Letong Chemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 was 12.19%.


Letong Chemical Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Letong Chemical 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.

Letong Chemical Co Gross-Profit-to-Asset % Chart

Letong Chemical Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.93 11.02 12.51 15.43 12.87

Letong Chemical Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.82 10.83 12.27 16.44 12.19

Competitive Comparison of Letong Chemical Co's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Letong Chemical 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.


Letong Chemical Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Letong Chemical Co's Gross-Profit-to-Asset % distribution charts can be found below:

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


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Letong Chemical Co Gross-Profit-to-Asset % Calculation

Letong Chemical Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=76.134/( (607.488+575.731)/ 2 )
=76.134/591.6095
=12.87 %

Letong Chemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=70.216/( (575.731+576.28)/ 2 )
=70.216/576.0055
=12.19 %

* 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. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Letong Chemical Co Gross-Profit-to-Asset % Related Terms

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Letong Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
Letong Industrial Park, Jinding Guantang, Guangdong Province, Zhuhai, CHN, 519085
Letong Chemical Co Ltd is engaged in the research, development, production, and sales of medium and high grade ink coatings. The products of the company include ink series, powder coating, automotive coating, and color matching system.
Executives
Liu Ming Executives
Huang Jie Director
Kuai Shu Hong Supervisors
Li Hua Directors, executives
Zhang Bin Xian Directors, executives
He Xi Sen Supervisors

Letong Chemical Co Headlines

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