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Hubei Xiangyuan New Material Technology Co (SZSE:300980) Gross-Profit-to-Asset % : 7.91% (As of Mar. 2024)


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What is Hubei Xiangyuan New Material 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. Hubei Xiangyuan New Material Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥126.2 Mil. Hubei Xiangyuan New Material Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,594.8 Mil. Therefore, Hubei Xiangyuan New Material Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.91%.


Hubei Xiangyuan New Material Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hubei Xiangyuan New Material 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.

* Premium members only.

Hubei Xiangyuan New Material Technology Co Gross-Profit-to-Asset % Chart

Hubei Xiangyuan New Material Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 42.52 36.17 22.63 10.48 10.09

Hubei Xiangyuan New Material Technology Co Quarterly Data
Dec18 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 6.98 13.93 9.55 11.14 7.91

Competitive Comparison of Hubei Xiangyuan New Material Technology Co's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Hubei Xiangyuan New Material 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.


Hubei Xiangyuan New Material Technology Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hubei Xiangyuan New Material Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Hubei Xiangyuan New Material Technology Co Gross-Profit-to-Asset % Calculation

Hubei Xiangyuan New Material 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 )
=142.149/( (1163.801+1654.318)/ 2 )
=142.149/1409.0595
=10.09 %

Hubei Xiangyuan New Material Technology 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 )
=126.172/( (1654.318+1535.371)/ 2 )
=126.172/1594.8445
=7.91 %

* 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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Hubei Xiangyuan New Material Technology Co (SZSE:300980) Business Description

Traded in Other Exchanges
N/A
Address
Huayi Village, Economic Development Zone, Hubei Province, Hanchuan, CHN, 431600
Hubei Xiangyuan New Material Technology Co Ltd is engaged in the research and development, production and sales of polyolefin foam materials. It specializes in the production and sales of environmentally friendly cross-linked polyolefin foam and Polyurethane foam, the products sell well all over China and exported to five continents in the world.

Hubei Xiangyuan New Material Technology Co (SZSE:300980) Headlines

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