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Shenzhen Tongye Technology Co (SZSE:300960) Gross-Profit-to-Asset % : 20.41% (As of Sep. 2024)


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What is Shenzhen Tongye Technology 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. Shenzhen Tongye Technology Co's annualized Gross Profit for the quarter that ended in Sep. 2024 was ¥183.4 Mil. Shenzhen Tongye Technology Co's average Total Assets over the quarter that ended in Sep. 2024 was ¥898.8 Mil. Therefore, Shenzhen Tongye Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 20.41%.


Shenzhen Tongye Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shenzhen Tongye Technology 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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Shenzhen Tongye Technology Co Gross-Profit-to-Asset % Chart

Shenzhen Tongye Technology 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 33.93 26.24 17.72 14.91 17.69

Shenzhen Tongye Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 15.87 28.85 10.52 22.76 20.41

Competitive Comparison of Shenzhen Tongye Technology Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Shenzhen Tongye Technology 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.


Shenzhen Tongye Technology Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shenzhen Tongye Technology Co's Gross-Profit-to-Asset % falls into.



Shenzhen Tongye Technology Co Gross-Profit-to-Asset % Calculation

Shenzhen Tongye Technology 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 )
=160.266/( (900.894+910.995)/ 2 )
=160.266/905.9445
=17.69 %

Shenzhen Tongye Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=183.4/( (890.095+907.443)/ 2 )
=183.4/898.769
=20.41 %

* 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 (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Shenzhen Tongye Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Guanguang Road, Guanlan Street, 1st to 4th Floor, No. 3 Factory, Meitai Industrial, Guihua Community, Longhua New District, Guangdong Province, Shenzhen, CHN, 518110
Shenzhen Tongye Technology Co Ltd is engaged in the development and production of rail transit train power supply products, network control products, energy management systems, motors and fans. The products are widely used in high-speed rail, urban rail vehicles, locomotives, and new energy products at home and abroad.

Shenzhen Tongye Technology Co Headlines

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