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Weihai Guangwei Composites Co (SZSE:300699) Gross-Profit-to-Asset % : 13.59% (As of Mar. 2024)


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What is Weihai Guangwei Composites 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. Weihai Guangwei Composites Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥961 Mil. Weihai Guangwei Composites Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥7,073 Mil. Therefore, Weihai Guangwei Composites Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.59%.


Weihai Guangwei Composites Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Weihai Guangwei Composites 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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Weihai Guangwei Composites Co Gross-Profit-to-Asset % Chart

Weihai Guangwei Composites 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 21.52 23.90 22.68 20.73 18.30

Weihai Guangwei Composites 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 15.74 19.80 14.41 24.65 13.59

Competitive Comparison of Weihai Guangwei Composites Co's Gross-Profit-to-Asset %

For the Chemicals subindustry, Weihai Guangwei Composites 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.


Weihai Guangwei Composites Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Weihai Guangwei Composites Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Weihai Guangwei Composites Co's Gross-Profit-to-Asset % falls into.



Weihai Guangwei Composites Co Gross-Profit-to-Asset % Calculation

Weihai Guangwei Composites 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 )
=1225.143/( (6330.103+7057.586)/ 2 )
=1225.143/6693.8445
=18.30 %

Weihai Guangwei Composites 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 )
=961.36/( (7057.586+7088.042)/ 2 )
=961.36/7072.814
=13.59 %

* 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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Weihai Guangwei Composites Co (SZSE:300699) Business Description

Traded in Other Exchanges
N/A
Address
Tianjin High Road - 130, Hi-Tech District, Shandong Province, Weihai, CHN, 264202
Weihai Guangwei Composites Co Ltd is engaged in research, development, and production of advanced composites. It offers carbon, reinforced fiber fabric, prepregs and composite products. It is also engaged in equipment manufacturing. The company's composites and products are widely applied in various industries which include wind power, shipbuilding, sports industry, transportation industry, medical apparatus and instrument, textile machinery, industrial machinery, musical equipment, photographic equipment and the building.
Executives
Lin Feng Sen Executives
Zhang Yue Yi Directors, executives
Wang Zhuang Zhi Executives
Gao Zhang Xing Executives
Lu Zhao Jun Director
Wang Wen Yi Directors, executives
Li Shu Xiang Director
Tan Xian Cai Independent director

Weihai Guangwei Composites Co (SZSE:300699) Headlines

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