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Changhua Chemical Technology Co (SZSE:301518) Gross-Profit-to-Asset % : 9.42% (As of Mar. 2024)


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What is Changhua Chemical 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. Changhua Chemical Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥162 Mil. Changhua Chemical Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,715 Mil. Therefore, Changhua Chemical Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.42%.


Changhua Chemical Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Changhua Chemical 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.

Changhua Chemical Technology Co Gross-Profit-to-Asset % Chart

Changhua Chemical Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 19.51 23.56 24.42 21.50 17.79

Changhua Chemical Technology Co Quarterly Data
Dec14 Dec15 Dec16 Jun17 Dec18 Dec19 Dec20 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 20.40 24.15 21.68 15.98 9.42

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

For the Chemicals subindustry, Changhua Chemical 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.


Changhua Chemical Technology Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

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

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



Changhua Chemical Technology Co Gross-Profit-to-Asset % Calculation

Changhua Chemical 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 )
=215.877/( (698.508+1728.733)/ 2 )
=215.877/1213.6205
=17.79 %

Changhua Chemical 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 )
=161.564/( (1728.733+1701.347)/ 2 )
=161.564/1715.04
=9.42 %

* 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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Changhua Chemical Technology Co (SZSE:301518) Business Description

Traded in Other Exchanges
N/A
Address
No. 20, Beijing Road, Yangtze River International Chemical Industry Park, Jiangsu, Beijing, CHN, 215632
Changhua Chemical Technology Co Ltd is engaged in research & development, production and sales of polyether products. all kinds of polyether polyol and polymer polyol series products are widely used in home furnishing, automobile and other industries, and provide various polyurethane products and system solutions for downstream partners.
Executives
Gu Qian Directors, executives
Chen Feng Qiu Directors, executives

Changhua Chemical Technology Co (SZSE:301518) Headlines

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