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Qinghai Huzhu TianYouDe Highland Barley Spirit Co (SZSE:002646) Gross-Profit-to-Asset % : 39.07% (As of Mar. 2024)


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What is Qinghai Huzhu TianYouDe Highland Barley Spirit 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. Qinghai Huzhu TianYouDe Highland Barley Spirit Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,326 Mil. Qinghai Huzhu TianYouDe Highland Barley Spirit Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥3,394 Mil. Therefore, Qinghai Huzhu TianYouDe Highland Barley Spirit Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 39.07%.


Qinghai Huzhu TianYouDe Highland Barley Spirit Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Qinghai Huzhu TianYouDe Highland Barley Spirit 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.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co Gross-Profit-to-Asset % Chart

Qinghai Huzhu TianYouDe Highland Barley Spirit 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 28.11 17.82 22.51 18.93 23.37

Qinghai Huzhu TianYouDe Highland Barley Spirit 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 31.38 20.21 22.42 19.68 39.07

Competitive Comparison of Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Gross-Profit-to-Asset %

For the Beverages - Wineries & Distilleries subindustry, Qinghai Huzhu TianYouDe Highland Barley Spirit 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.


Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Gross-Profit-to-Asset % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Gross-Profit-to-Asset % falls into.



Qinghai Huzhu TianYouDe Highland Barley Spirit Co Gross-Profit-to-Asset % Calculation

Qinghai Huzhu TianYouDe Highland Barley Spirit 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 )
=762.503/( (3197.59+3328.186)/ 2 )
=762.503/3262.888
=23.37 %

Qinghai Huzhu TianYouDe Highland Barley Spirit 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 )
=1326.244/( (3328.186+3460.171)/ 2 )
=1326.244/3394.1785
=39.07 %

* 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.


Qinghai Huzhu TianYouDe Highland Barley Spirit Co Gross-Profit-to-Asset % Related Terms

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Qinghai Huzhu TianYouDe Highland Barley Spirit Co (SZSE:002646) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 West Stree, Huzhu County, Qinghai Province, Weiyuan, CHN, 810500
Qinghai Huzhu TianYouDe Highland Barley Spirit Co Ltd is a China-based company operating in the liquor industry. The principal business activities of the company are research and development, production and sales of wine and alcoholic beverages. It specializes in Xizhu, Tianyoude, Ba Dafang, Yongqinghe, Shiyi De and many other series of barleywines, as well as the Maxwell brand.
Executives
Fan Wen Lai Independent director
Guo Shou Ming Director
Li Yin Hui Directors, executives
Wang Zhao San Directors, executives
Lu Yan Supervisors

Qinghai Huzhu TianYouDe Highland Barley Spirit Co (SZSE:002646) Headlines

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