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TJK Machinery (Tianjin) Co (SZSE:300823) Gross-Profit-to-Asset % : 12.26% (As of Mar. 2024)


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What is TJK Machinery (Tianjin) 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. TJK Machinery (Tianjin) Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥154.5 Mil. TJK Machinery (Tianjin) Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,260.0 Mil. Therefore, TJK Machinery (Tianjin) Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 12.26%.


TJK Machinery (Tianjin) Co Gross-Profit-to-Asset % Historical Data

The historical data trend for TJK Machinery (Tianjin) 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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TJK Machinery (Tianjin) Co Gross-Profit-to-Asset % Chart

TJK Machinery (Tianjin) 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 26.96 21.24 18.04 12.87 16.41

TJK Machinery (Tianjin) 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 11.63 14.42 18.49 20.44 12.26

Competitive Comparison of TJK Machinery (Tianjin) Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, TJK Machinery (Tianjin) 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.


TJK Machinery (Tianjin) Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TJK Machinery (Tianjin) Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where TJK Machinery (Tianjin) Co's Gross-Profit-to-Asset % falls into.



TJK Machinery (Tianjin) Co Gross-Profit-to-Asset % Calculation

TJK Machinery (Tianjin) 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 )
=203.368/( (1212.519+1265.631)/ 2 )
=203.368/1239.075
=16.41 %

TJK Machinery (Tianjin) 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 )
=154.488/( (1265.631+1254.317)/ 2 )
=154.488/1259.974
=12.26 %

* 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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TJK Machinery (Tianjin) Co (SZSE:300823) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Wuwei Road, Lugang Logistics Equipment Industrial Park, Beichen District, Tianjin, CHN, 300408
TJK Machinery (Tianjin) Co Ltd is engaged in the research and development, design, production and sales of high-end CNC steel bar processing equipment and provides overall solutions for CNC steel bar processing. The company's products are used in high-speed railways, highways, bridges and tunnels, rail transit, underground pipeline corridors, nuclear power, hydropower and other large-scale infrastructure construction and assembly buildings, steel processing and distribution centers and other fields.

TJK Machinery (Tianjin) Co (SZSE:300823) Headlines

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