GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zhejiang Akcome New Energy Technology Co Ltd (SZSE:002610) » Definitions » Gross-Profit-to-Asset %

Zhejiang Akcome New Energy Technology Co (SZSE:002610) Gross-Profit-to-Asset % : -2.05% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Zhejiang Akcome New Energy 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. Zhejiang Akcome New Energy Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥-214 Mil. Zhejiang Akcome New Energy Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥10,438 Mil. Therefore, Zhejiang Akcome New Energy Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -2.05%.


Zhejiang Akcome New Energy Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Akcome New Energy 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.

Zhejiang Akcome New Energy Technology Co Gross-Profit-to-Asset % Chart

Zhejiang Akcome New Energy Technology 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 5.74 4.20 0.65 -0.61 2.50

Zhejiang Akcome New Energy Technology 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 5.85 4.59 2.29 -3.34 -2.05

Competitive Comparison of Zhejiang Akcome New Energy Technology Co's Gross-Profit-to-Asset %

For the Solar subindustry, Zhejiang Akcome New Energy 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.


Zhejiang Akcome New Energy Technology Co's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Akcome New Energy Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Zhejiang Akcome New Energy Technology Co's Gross-Profit-to-Asset % falls into.



Zhejiang Akcome New Energy Technology Co Gross-Profit-to-Asset % Calculation

Zhejiang Akcome New Energy Technology 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 )
=274.338/( (11563.495+10423.126)/ 2 )
=274.338/10993.3105
=2.50 %

Zhejiang Akcome New Energy Technology 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 )
=-213.712/( (10423.126+10453.01)/ 2 )
=-213.712/10438.068
=-2.05 %

* 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.


Zhejiang Akcome New Energy Technology Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Zhejiang Akcome New Energy Technology Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Akcome New Energy Technology Co (SZSE:002610) Business Description

Traded in Other Exchanges
N/A
Address
West Jintang Road, Economic Development Zone of Zhangjiagang, Jiangsu Province, Zhangjiagang, CHN, 215600
Zhejiang Akcome New Energy Technology Co Ltd Formerly Jiangsu Akcome Science & Technology Co Ltd is a Chinese technology-based company specialized in the investment and operation of power generated by new energy, and the one-stop provision of photovoltaic (PV) accessories. It offers products such as the solar framework, sectional material, modules, solar cell, aluminum framework of polar battery, PV installation rack and PV welding strip. In addition, the company is also involved in the online energy business. The company has a business presence in China and other countries.

Zhejiang Akcome New Energy Technology Co (SZSE:002610) Headlines

No Headlines