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Elite Color Environmental Resources Science & Technology Co (SZSE:002998) Gross-Profit-to-Asset % : 9.33% (As of Mar. 2024)


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What is Elite Color Environmental Resources Science & 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. Elite Color Environmental Resources Science & Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥231 Mil. Elite Color Environmental Resources Science & Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥2,477 Mil. Therefore, Elite Color Environmental Resources Science & Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.33%.


Elite Color Environmental Resources Science & Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Elite Color Environmental Resources Science & 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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Elite Color Environmental Resources Science & Technology Co Gross-Profit-to-Asset % Chart

Elite Color Environmental Resources Science & Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 14.37 15.87 11.64 8.15 10.47

Elite Color Environmental Resources Science & 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 5.24 8.17 12.59 17.62 9.33

Competitive Comparison of Elite Color Environmental Resources Science & Technology Co's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Elite Color Environmental Resources Science & 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.


Elite Color Environmental Resources Science & Technology Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Elite Color Environmental Resources Science & Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Elite Color Environmental Resources Science & Technology Co's Gross-Profit-to-Asset % falls into.



Elite Color Environmental Resources Science & Technology Co Gross-Profit-to-Asset % Calculation

Elite Color Environmental Resources Science & 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 )
=264.224/( (2586.502+2460.628)/ 2 )
=264.224/2523.565
=10.47 %

Elite Color Environmental Resources Science & 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 )
=231.112/( (2460.628+2494.281)/ 2 )
=231.112/2477.4545
=9.33 %

* 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.


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Elite Color Environmental Resources Science & Technology Co (SZSE:002998) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Huanxi Road, Zhutang Town, Jiangsu Province, Jiangyin, CHN, 214415
Elite Color Environmental Resources Science & Technology Co Ltd is engaged in research and development, production and sales of polyester fiber and its products. The company manufactures synthetic fiber materials, polyester fiber, clothing, knitwear, and textiles. Its products are used in engineering, automotive interior, civil carpet, and as per customer customization.

Elite Color Environmental Resources Science & Technology Co (SZSE:002998) Headlines

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