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Sungrow Power Supply Co (SZSE:300274) Gross-Profit-to-Asset % : 22.06% (As of Mar. 2024)


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What is Sungrow Power Supply 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. Sungrow Power Supply Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥18,502 Mil. Sungrow Power Supply Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥83,880 Mil. Therefore, Sungrow Power Supply Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 22.06%.


Sungrow Power Supply Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Sungrow Power Supply 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.

Sungrow Power Supply Co Gross-Profit-to-Asset % Chart

Sungrow Power Supply 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 15.02 17.46 15.12 18.92 30.36

Sungrow Power Supply 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 22.40 28.63 32.04 36.32 22.06

Competitive Comparison of Sungrow Power Supply Co's Gross-Profit-to-Asset %

For the Electrical Equipment & Parts subindustry, Sungrow Power Supply 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.


Sungrow Power Supply Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sungrow Power Supply Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Sungrow Power Supply Co's Gross-Profit-to-Asset % falls into.



Sungrow Power Supply Co Gross-Profit-to-Asset % Calculation

Sungrow Power Supply 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 )
=21933.101/( (61627.44+82876.507)/ 2 )
=21933.101/72251.9735
=30.36 %

Sungrow Power Supply 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 )
=18501.948/( (82876.507+84884.083)/ 2 )
=18501.948/83880.295
=22.06 %

* 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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Sungrow Power Supply Co (SZSE:300274) Business Description

Traded in Other Exchanges
N/A
Address
No.1699 Xiyou Raod, High-tech Industry Development Zone, Anhui Province, Hefei, CHN, 230088
China-based Sungrow manufactures and sells power supply equipment for the new energy industry. It offers a wide range of products, including solar inverters, energy storage systems, wind power converters, electric vehicle drives, among others. It is one of the largest suppliers of solar inverters and energy storage systems globally. It is also one of the largest new energy project developers in the world. Solar inverters, energy storage systems, and new energy investment and development each accounted for 39%, 25%, and 29% of revenue in 2022, respectively.

Sungrow Power Supply Co (SZSE:300274) Headlines

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