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Zhejiang Kaier New Materials Co (SZSE:300234) Gross-Profit-to-Asset % : 8.34% (As of Jun. 2024)


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What is Zhejiang Kaier New Materials 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 Kaier New Materials Co's annualized Gross Profit for the quarter that ended in Jun. 2024 was ¥118.4 Mil. Zhejiang Kaier New Materials Co's average Total Assets over the quarter that ended in Jun. 2024 was ¥1,420.9 Mil. Therefore, Zhejiang Kaier New Materials Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 8.34%.


Zhejiang Kaier New Materials Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Kaier New Materials 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 Kaier New Materials Co Gross-Profit-to-Asset % Chart

Zhejiang Kaier New Materials 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 14.76 9.55 13.78 12.41 12.90

Zhejiang Kaier New Materials 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 12.17 7.25 24.36 6.41 8.34

Competitive Comparison of Zhejiang Kaier New Materials Co's Gross-Profit-to-Asset %

For the Steel subindustry, Zhejiang Kaier New Materials 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 Kaier New Materials Co's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhejiang Kaier New Materials Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang Kaier New Materials Co Gross-Profit-to-Asset % Calculation

Zhejiang Kaier New Materials 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 )
=188.278/( (1465.032+1453.597)/ 2 )
=188.278/1459.3145
=12.90 %

Zhejiang Kaier New Materials 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 )
=118.444/( (1436.128+1405.769)/ 2 )
=118.444/1420.9485
=8.34 %

* 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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Zhejiang Kaier New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
Caozhai Industrial Zone, Jindong District, Jinhua City, Zhejiang Province, CHN, 3210031
Zhejiang Kaier New Materials Co Ltd is engaged in the research, development, design, production, promotion, manufacture, and sales of functional enamel materials.
Executives
Xing Han Xue Directors, executives
Wu Jian Ming Directors, executives
Liu Yong Zhen Executives
Xing Han Ke Directors, executives
Zheng Gen Tu Executives
Cheng Zhi Yong Directors, executives
Sheng Lei Securities Affairs Representative
Fu Jian You Supervisors
Gu Jin Fang Director

Zhejiang Kaier New Materials Co Headlines

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