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Airtac International Group (TPE:1590) Gross-Profit-to-Asset % : 23.35% (As of Mar. 2024)


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What is Airtac International Group 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. Airtac International Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was NT$13,581 Mil. Airtac International Group's average Total Assets over the quarter that ended in Mar. 2024 was NT$58,154 Mil. Therefore, Airtac International Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 23.35%.


Airtac International Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Airtac International Group'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.

Airtac International Group Gross-Profit-to-Asset % Chart

Airtac International Group 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 19.80 23.23 27.69 23.26 24.42

Airtac International Group Quarterly Data
Jun19 Sep19 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 22.92 26.37 24.52 23.74 23.35

Competitive Comparison of Airtac International Group's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Airtac International Group'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.


Airtac International Group's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airtac International Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Airtac International Group's Gross-Profit-to-Asset % falls into.



Airtac International Group Gross-Profit-to-Asset % Calculation

Airtac International Group'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 )
=13754.982/( (54599.547+58048.765)/ 2 )
=13754.982/56324.156
=24.42 %

Airtac International Group'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 )
=13581.192/( (58048.765+58259.865)/ 2 )
=13581.192/58154.315
=23.35 %

* 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.


Airtac International Group Gross-Profit-to-Asset % Related Terms

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Airtac International Group (TPE:1590) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Kanxi Road, Xinshi District, Tainan, TWN, 74148
Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as automotive, machinery manufacturing, electronics, lighting and textile, medical equipment and food and packaging. The firm is the second-largest pneumatic equipment manufacturer in China, with more than 20% market share. AirTAC reported revenue of TWD 26.1 billion in 2022, with more than 90% of sales generated from China.

Airtac International Group (TPE:1590) Headlines

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