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Luthai Textile Co (SZSE:200726) Gross-Profit-to-Asset % : 10.76% (As of Jun. 2024)


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What is Luthai Textile 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. Luthai Textile Co's annualized Gross Profit for the quarter that ended in Jun. 2024 was HK$1,608 Mil. Luthai Textile Co's average Total Assets over the quarter that ended in Jun. 2024 was HK$14,947 Mil. Therefore, Luthai Textile Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 10.76%.


Luthai Textile Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Luthai Textile 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.

Luthai Textile Co Gross-Profit-to-Asset % Chart

Luthai Textile 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 17.75 8.65 8.73 12.93 10.13

Luthai Textile Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 9.35 10.81 11.84 9.49 10.76

Competitive Comparison of Luthai Textile Co's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Luthai Textile 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.


Luthai Textile Co's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Luthai Textile Co's Gross-Profit-to-Asset % falls into.



Luthai Textile Co Gross-Profit-to-Asset % Calculation

Luthai Textile 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 )
=1498.573/( (14909.368+14689.763)/ 2 )
=1498.573/14799.5655
=10.13 %

Luthai Textile Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=1607.924/( (15074.323+14819.171)/ 2 )
=1607.924/14946.747
=10.76 %

* 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 (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Luthai Textile Co Business Description

Traded in Other Exchanges
Address
Number 11, Mingbo Road, High-tech Industry Development Zone, Shandong, Zibo, CHN, 255086
Luthai Textile Co Ltd is a China-based company. Its business includes the production, processing and sales business of cotton yarn, yarn dyed fabrics, shirts, fashion accessories, health underwear and other textile products and their mating products; design, Research and development, technology services of the textile and garment products. It has four segments which are Textile and apparel, Cotton, Electricity and steam, and Other. Most of the revenue generated from the Textile and apparel segment.
Executives
Pan Ping Li Executives
Liu Zi Long Supervisors
Qin Gui Ling Secretary, Director
Zhang Hong Mei Executives
Lv Yong Chen Executives
Wang Fang Shui Directors, executives
Zheng Wei Yin Securities Affairs Representative
Zhu Ling Wen Supervisors
Liu Shi Zhen Director
Zhang Ke Ming Executives
Bai Nian Yue Executives
Zhang Shou Gang Executives
Zhang Jian Xiang Executives
Yu Yong Bin Executives
Li Tong Min Supervisors

Luthai Textile Co Headlines

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