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Newonder Special Electric Co (SZSE:301120) Gross-Profit-to-Asset % : 5.74% (As of Mar. 2024)


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What is Newonder Special Electric 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. Newonder Special Electric Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥95.6 Mil. Newonder Special Electric Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,666.2 Mil. Therefore, Newonder Special Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.74%.


Newonder Special Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Newonder Special Electric 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.

Newonder Special Electric Co Gross-Profit-to-Asset % Chart

Newonder Special Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 17.54 19.40 18.09 13.21 8.97

Newonder Special Electric Co Quarterly Data
Mar19 Jun19 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 7.49 13.66 7.54 6.99 5.74

Competitive Comparison of Newonder Special Electric Co's Gross-Profit-to-Asset %

For the Electronic Components subindustry, Newonder Special Electric 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.


Newonder Special Electric Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Newonder Special Electric Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Newonder Special Electric Co's Gross-Profit-to-Asset % falls into.



Newonder Special Electric Co Gross-Profit-to-Asset % Calculation

Newonder Special Electric 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 )
=149.891/( (1672.16+1668.518)/ 2 )
=149.891/1670.339
=8.97 %

Newonder Special Electric 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 )
=95.628/( (1668.518+1663.846)/ 2 )
=95.628/1666.182
=5.74 %

* 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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Newonder Special Electric Co (SZSE:301120) Business Description

Traded in Other Exchanges
N/A
Address
Yard 1, Lize Middle Road, Office A801, 8th Floor, Building 2, Chaoyang District, Beijing, CHN, 065201
Newonder Special Electric Co Ltd is engaged in research and development, production and sales of various special transformers and reactors with frequency conversion transformers as the core and sales of supporting products.
Executives
Su Jing Supervisors

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