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TAOHY (Tao Heung Holdings) Gross-Profit-to-Asset % : 9.13% (As of Jun. 2024)


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What is Tao Heung Holdings 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. Tao Heung Holdings's annualized Gross Profit for the quarter that ended in Jun. 2024 was $24.33 Mil. Tao Heung Holdings's average Total Assets over the quarter that ended in Jun. 2024 was $266.65 Mil. Therefore, Tao Heung Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 9.13%.


Tao Heung Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Tao Heung Holdings'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.

Tao Heung Holdings Gross-Profit-to-Asset % Chart

Tao Heung Holdings 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 18.20 1.06 7.81 0.42 14.57

Tao Heung Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -3.20 4.39 16.39 13.27 9.13

Competitive Comparison of Tao Heung Holdings's Gross-Profit-to-Asset %

For the Restaurants subindustry, Tao Heung Holdings'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.


Tao Heung Holdings's Gross-Profit-to-Asset % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tao Heung Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tao Heung Holdings's Gross-Profit-to-Asset % falls into.



Tao Heung Holdings Gross-Profit-to-Asset % Calculation

Tao Heung Holdings'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 )
=41.7/( (291.954+280.266)/ 2 )
=41.7/286.11
=14.57 %

Tao Heung Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=24.334/( (280.266+253.024)/ 2 )
=24.334/266.645
=9.13 %

* 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 two times the semi-annual (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Tao Heung Holdings Gross-Profit-to-Asset % Related Terms

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Tao Heung Holdings Business Description

Traded in Other Exchanges
Address
Number 18 Dai Fat Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. The company is also engaged in restaurant operations and provision of food catering services, bakery operations, production, sale, and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company's revenue.

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