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Offcn Education Technology Co (SZSE:002607) Gross-Profit-to-Asset % : 27.67% (As of Sep. 2023)


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What is Offcn Education Technology 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. Offcn Education Technology Co's annualized Gross Profit for the quarter that ended in Sep. 2023 was ¥2,286 Mil. Offcn Education Technology Co's average Total Assets over the quarter that ended in Sep. 2023 was ¥8,263 Mil. Therefore, Offcn Education Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 27.67%.


Offcn Education Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Offcn Education Technology 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.

Offcn Education Technology Co Gross-Profit-to-Asset % Chart

Offcn Education Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.32 62.35 51.61 14.72 20.13

Offcn Education Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 39.84 18.32 22.75 24.31 27.67

Competitive Comparison of Offcn Education Technology Co's Gross-Profit-to-Asset %

For the Education & Training Services subindustry, Offcn Education Technology 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.


Offcn Education Technology Co's Gross-Profit-to-Asset % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Offcn Education Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Offcn Education Technology Co's Gross-Profit-to-Asset % falls into.



Offcn Education Technology Co Gross-Profit-to-Asset % Calculation

Offcn Education Technology Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=1845.027/( (10305.184+8027.414)/ 2 )
=1845.027/9166.299
=20.13 %

Offcn Education Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=2286.372/( (8154.625+8372.113)/ 2 )
=2286.372/8263.369
=27.67 %

* 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. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Offcn Education Technology Co (SZSE:002607) Business Description

Traded in Other Exchanges
N/A
Address
No.23 Xueqing Road, Block B, Hanhua Century Building, Haidian District, Beijing, CHN, 100089
Offcn Education Technology Co Ltd is China's multi-category vocational education institution and civil servant entrance examination training company. The company serves the younger demographic including college students and university graduates throughout mainland China.

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