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Lung Hwa Electronics Co (TPE:2424) Gross-Profit-to-Asset % : -12.42% (As of Mar. 2024)


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What is Lung Hwa Electronics 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. Lung Hwa Electronics Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was NT$-84.8 Mil. Lung Hwa Electronics Co's average Total Assets over the quarter that ended in Mar. 2024 was NT$682.4 Mil. Therefore, Lung Hwa Electronics Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -12.42%.


Lung Hwa Electronics Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Lung Hwa Electronics 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.

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Lung Hwa Electronics Co Gross-Profit-to-Asset % Chart

Lung Hwa Electronics 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 -3.80 -18.88 -24.00 -14.66 -10.12

Lung Hwa Electronics Co 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 -10.03 -10.33 -14.28 -7.36 -12.42

Competitive Comparison of Lung Hwa Electronics Co's Gross-Profit-to-Asset %

For the Consumer Electronics subindustry, Lung Hwa Electronics 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.


Lung Hwa Electronics Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lung Hwa Electronics Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Lung Hwa Electronics Co's Gross-Profit-to-Asset % falls into.



Lung Hwa Electronics Co Gross-Profit-to-Asset % Calculation

Lung Hwa Electronics 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 )
=-61.635/( (552.544+665.438)/ 2 )
=-61.635/608.991
=-10.12 %

Lung Hwa Electronics 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 )
=-84.76/( (665.438+699.389)/ 2 )
=-84.76/682.4135
=-12.42 %

* 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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Lung Hwa Electronics Co (TPE:2424) Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, No. 32, Section 3, Bade Road, Songshan District, Taipei, TWN, 10559
Lung Hwa Electronics Co Ltd The main business items of the company are smart homes, vehicle multimedia management systems, fleet movement control, and management system, etc. R&D, manufacturing and sales, industrial plant development, leasing and sales, maritime broadband data services.

Lung Hwa Electronics Co (TPE:2424) Headlines

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