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Hydsoft Technology Co (SZSE:301316) Gross-Profit-to-Asset % : 22.84% (As of Mar. 2024)


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What is Hydsoft 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. Hydsoft Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥353 Mil. Hydsoft Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,543 Mil. Therefore, Hydsoft Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 22.84%.


Hydsoft Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hydsoft 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.

Hydsoft Technology Co Gross-Profit-to-Asset % Chart

Hydsoft Technology Co Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 36.78 36.21 29.62 26.65 22.99

Hydsoft Technology Co Quarterly Data
Dec13 Dec14 Dec18 Dec19 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 20.63 23.63 22.55 28.34 22.84

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

For the Information Technology Services subindustry, Hydsoft 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.


Hydsoft Technology Co's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Hydsoft Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Hydsoft Technology Co Gross-Profit-to-Asset % Calculation

Hydsoft 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 )
=329.742/( (1309.935+1558.883)/ 2 )
=329.742/1434.409
=22.99 %

Hydsoft 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 )
=352.508/( (1558.883+1527.972)/ 2 )
=352.508/1543.4275
=22.84 %

* 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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Hydsoft Technology Co (SZSE:301316) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Liangzhan Road, Renhe Street, Room 309, 3rd Floor, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311107
Hydsoft Technology Co Ltd is engaged in providing professional information technology outsourcing services to customers.

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