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Hangzhou Yitong New Material Co (SZSE:300930) Gross-Profit-to-Asset % : 8.13% (As of Mar. 2024)


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What is Hangzhou Yitong New Material 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. Hangzhou Yitong New Material Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥80.3 Mil. Hangzhou Yitong New Material Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥988.5 Mil. Therefore, Hangzhou Yitong New Material Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 8.13%.


Hangzhou Yitong New Material Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hangzhou Yitong New Material 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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Hangzhou Yitong New Material Co Gross-Profit-to-Asset % Chart

Hangzhou Yitong New Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 23.26 22.01 22.37 13.00 9.57

Hangzhou Yitong New Material 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 9.95 10.11 9.26 8.75 8.13

Competitive Comparison of Hangzhou Yitong New Material Co's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Hangzhou Yitong New Material 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.


Hangzhou Yitong New Material Co's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hangzhou Yitong New Material Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hangzhou Yitong New Material Co's Gross-Profit-to-Asset % falls into.



Hangzhou Yitong New Material Co Gross-Profit-to-Asset % Calculation

Hangzhou Yitong New Material 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 )
=86.04/( (846.805+952.041)/ 2 )
=86.04/899.423
=9.57 %

Hangzhou Yitong New Material 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 )
=80.332/( (952.041+1024.96)/ 2 )
=80.332/988.5005
=8.13 %

* 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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Hangzhou Yitong New Material Co (SZSE:300930) Business Description

Traded in Other Exchanges
N/A
Address
Tancun Village, Daciyan Town, Jiande City, Zhejiang Province, Hangzhou, CHN, 311613
Hangzhou Yitong New Material Co Ltd manufactures and sells iron-based powder. It offers iron-based powder metallurgy products, non-ferrous metal powder processing and metal materials.

Hangzhou Yitong New Material Co (SZSE:300930) Headlines

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