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Xingye Leather Technology Co (SZSE:002674) Gross-Profit-to-Asset % : 15.95% (As of Sep. 2024)


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What is Xingye Leather 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. Xingye Leather Technology Co's annualized Gross Profit for the quarter that ended in Sep. 2024 was ¥686 Mil. Xingye Leather Technology Co's average Total Assets over the quarter that ended in Sep. 2024 was ¥4,302 Mil. Therefore, Xingye Leather Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 15.95%.


Xingye Leather Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Xingye Leather 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.

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Xingye Leather Technology Co Gross-Profit-to-Asset % Chart

Xingye Leather 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 8.16 9.07 13.18 10.93 14.63

Xingye Leather Technology 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 17.37 15.69 11.71 12.91 15.95

Competitive Comparison of Xingye Leather Technology Co's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Xingye Leather 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.


Xingye Leather Technology Co's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Xingye Leather Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Xingye Leather Technology Co Gross-Profit-to-Asset % Calculation

Xingye Leather 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 )
=578.005/( (3787.05+4112.131)/ 2 )
=578.005/3949.5905
=14.63 %

Xingye Leather Technology 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 )
=686.36/( (4277.228+4326.479)/ 2 )
=686.36/4301.8535
=15.95 %

* 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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Xingye Leather Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xingye Road, Anhai Second Industrial Zone, Fujian Province, Jinjiang, CHN, 362261
Xingye Leather Technology Co Ltd is engaged as a supplier of shoe leather materials. The products of the company include Napa series, natural wrestling series, and special effect leather series.
Executives
Sun Hui Yong Directors, executives
Cai Yi Lei Executives
Cai Jian She Directors, executives
Wu Hua Chun Director
Li Guang Qing Executives
Su Jian Zhong Supervisors
Zhang Liang Securities Affairs Representative
Ran Chong Yuan Directors, executives
Wu Mei Li Directors, executives

Xingye Leather Technology Co Headlines

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