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Union Insurance (TPE:2816) Gross-Profit-to-Asset % : 54.18% (As of Mar. 2024)


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What is Union Insurance 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. Union Insurance's annualized Gross Profit for the quarter that ended in Mar. 2024 was NT$11,085 Mil. Union Insurance's average Total Assets over the quarter that ended in Mar. 2024 was NT$20,461 Mil. Therefore, Union Insurance's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 54.18%.


Union Insurance Gross-Profit-to-Asset % Historical Data

The historical data trend for Union Insurance'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.

Union Insurance Gross-Profit-to-Asset % Chart

Union Insurance 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 46.21 46.63 47.92 45.55 53.24

Union Insurance 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 50.54 53.47 52.62 51.34 54.18

Competitive Comparison of Union Insurance's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Union Insurance'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.


Union Insurance's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Union Insurance's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Union Insurance's Gross-Profit-to-Asset % falls into.



Union Insurance Gross-Profit-to-Asset % Calculation

Union Insurance'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 )
=10177.513/( (18301.611+19928.055)/ 2 )
=10177.513/19114.833
=53.24 %

Union Insurance'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 )
=11084.732/( (19928.055+20992.968)/ 2 )
=11084.732/20460.5115
=54.18 %

* 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.


Union Insurance Gross-Profit-to-Asset % Related Terms

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Union Insurance (TPE:2816) Business Description

Traded in Other Exchanges
N/A
Address
No. 219, Zhongxiao East Road, 12th Floor, Section 4, Daan District, Taipei, TWN, 10690
Union Insurance is a Taiwan-based company engaged in the insurance business engaged in the underwriting of fire, marine, automobile, engineering, liability, and accident insurance, reinsurance, and insurance businesses entrusted by other companies, performing a variety of investments and other businesses in accordance with the regulations. Its product portfolio includes Motor Insurance, Traveler Accident Insurance, Accident and Health Insurance, Fire Property Insurance, Casualty Insurance, Engineering Insurance, and Marine Insurance.

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