GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Jiangsu Tongling Electric Co Ltd (SZSE:301168) » Definitions » Gross-Profit-to-Asset %

Jiangsu Tongling Electric Co (SZSE:301168) Gross-Profit-to-Asset % : 9.29% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Jiangsu Tongling 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. Jiangsu Tongling Electric Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥309 Mil. Jiangsu Tongling Electric Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥3,325 Mil. Therefore, Jiangsu Tongling Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.29%.


Jiangsu Tongling Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Jiangsu Tongling 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.

Jiangsu Tongling Electric Co Gross-Profit-to-Asset % Chart

Jiangsu Tongling Electric 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 19.66 16.88 9.54 7.31 11.47

Jiangsu Tongling Electric Co Quarterly Data
Dec17 Dec18 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 9.78 11.05 12.96 11.24 9.29

Competitive Comparison of Jiangsu Tongling Electric Co's Gross-Profit-to-Asset %

For the Solar subindustry, Jiangsu Tongling 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.


Jiangsu Tongling Electric Co's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry

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

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



Jiangsu Tongling Electric Co Gross-Profit-to-Asset % Calculation

Jiangsu Tongling 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 )
=352.718/( (2879.377+3269.583)/ 2 )
=352.718/3074.48
=11.47 %

Jiangsu Tongling 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 )
=308.796/( (3269.583+3380.782)/ 2 )
=308.796/3325.1825
=9.29 %

* 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.


Jiangsu Tongling Electric Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Jiangsu Tongling Electric Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Tongling Electric Co (SZSE:301168) Business Description

Traded in Other Exchanges
N/A
Address
No. 666 Gangmao Road, Economic Development Zone, Jiangsu Province, Yangzhong, CHN, 212200
Jiangsu Tongling Co Ltd is engaged in the research and development, production and sales of solar photovoltaic module junction boxes and other accessories.
Executives
Yan Rong Fei Director

Jiangsu Tongling Electric Co (SZSE:301168) Headlines

No Headlines