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Zhejiang JW Precision Machinery Co (SZSE:300984) Gross-Profit-to-Asset % : 10.82% (As of Mar. 2024)


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What is Zhejiang JW Precision Machinery 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. Zhejiang JW Precision Machinery Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥142 Mil. Zhejiang JW Precision Machinery Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,310 Mil. Therefore, Zhejiang JW Precision Machinery Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.82%.


Zhejiang JW Precision Machinery Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang JW Precision Machinery 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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Zhejiang JW Precision Machinery Co Gross-Profit-to-Asset % Chart

Zhejiang JW Precision Machinery Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 29.20 23.53 19.20 12.11 10.08

Zhejiang JW Precision Machinery 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 8.86 11.08 11.47 9.08 10.82

Competitive Comparison of Zhejiang JW Precision Machinery Co's Gross-Profit-to-Asset %

For the Metal Fabrication subindustry, Zhejiang JW Precision Machinery 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.


Zhejiang JW Precision Machinery Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang JW Precision Machinery Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Zhejiang JW Precision Machinery Co's Gross-Profit-to-Asset % falls into.



Zhejiang JW Precision Machinery Co Gross-Profit-to-Asset % Calculation

Zhejiang JW Precision Machinery 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 )
=127.822/( (1245.872+1290.026)/ 2 )
=127.822/1267.949
=10.08 %

Zhejiang JW Precision Machinery 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 )
=141.836/( (1290.026+1330.661)/ 2 )
=141.836/1310.3435
=10.82 %

* 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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Zhejiang JW Precision Machinery Co (SZSE:300984) Business Description

Traded in Other Exchanges
N/A
Address
19 Fengshan Road, Hangbu Town, Kecheng District, Zhejiang Province, Quzhou, CHN, 324000
Zhejiang Jinwo Precision Co Ltd is engaged in the research and development, production and sales of bearing rings.

Zhejiang JW Precision Machinery Co (SZSE:300984) Headlines

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